‘Port Harcourt Refinery products exclusively for us’ – NNPC
"Products from PHRC are exclusively for our retail stores at this stage. Our pricing is reviewed and adjusted periodically"
Subsidy: Govt can’t run refinery, transferring gross incompetence to Nigerians – Lakemfa
Former General Secretary of Nigeria Labour Congress, NLC, Owei Lakemfa, has lamented that what the nation was witnessing in the name of subsidy was the government transferring its incompetence to Nigerians.
BUA partners Axens of France on 200,000/bpd Akwa Ibom integrated refinery
BUA Group, on Tuesday, signed an agreement with Axens of France for the supply of process technologies for its upcoming 10 million tonnes per annum mega-refinery and petrochemicals facility to be sited in Akwa Ibom State.
Nigeria spends N120bn annually to keep refineries idle ― Petroleum engineers
By Ediri Ejoh Society of Petroleum Engineers, SPE, Nigeria Council has lamented the huge amount of money the country spent to keep its non-performing refineries. Speaking ahead of SPE Nigeria Energy Industry Transformation Summit bid to run from 25 to 27th August, the Council Chairman, Mr Joe Nwakwue said that on annual basis, the country […]
FG reiterates plan to end fuel import, inspects 12,000bpd modular refinery
By Michael Eboh Minister of State for Petroleum Resources, Chief Timipre Sylva has reiterated the determination of the Federal Government to ending fuel importation in the next couple of months, by encouraging investments in local refining of crude oil. Speaking during an inspection of the first hydro-skimming private modular refinery, being built in Yenagoa, Bayelsa […]
Dangote Refinery 71% complete— DPR
Construction of the $12 billion Dangote Refinery, which has the capacity to refine 650,000 barrels per day/bpd, has reached 71 percent completion stage. The Department of Petroleum Resources, DPR, stated this in its latest report— List of Valid Refinery Licences— obtained by Vanguard.
