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News

Reps Launch Probe into $18bn Spent on Non-Functional Refineries

The House of Representatives has initiated a probe into the over $18 billion spent on rehabilitating Nigeria’s three state-owned refineries—Port Harcourt, Warri, and...

News

Refineries Accused of Importing Substandard Crude, PETROAN Warns of Quality Concerns

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has raised serious concerns regarding the quality of crude oil being imported into...

Ogbugo Ukoha, NMDPRA, Nigeria refineries
Energy & Oil

Nigeria Refineries: A Paradox of Plenty and Scarcity

Nigeria’s oil refining sector presents a complex paradox. While the nation boasts a combined refining capacity of 985,000 barrels per day across its...

Crude Oil Diversion
Energy & OilTop stories

Oil Producers Accused of Diverting Crude Oil Meant for Local Refineries

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has levelled serious accusations against oil producers, alleging they are diverting a significant...

News

No Maintenance on Nigeria’s Refineries for 42 Years — NNPC GMD

Maikanti Baru, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) has said that Nigerian Refineries had not undergone any Turn...

News

President Buhari Laments Under-performance Of Refineries In Nigeria

President Muhammadu Buhari on Friday expressed his dissapointment that no refinery in the country is currently performing up to optimum level. Buhari described...

News

NNPC Inaugurates Committees to Revamp Nigerian Refineries

The Nigerian National Petroleum Corporation (NNPC) has inaugurated eight committees charged with the task of revamping the nation’s refineries. Maikanti Baru, Group Managing...

News

No Plan To Concession Or Sell Refineries – FG

Minister of State for Petroleum Resources, Ibe Kachikwu, says the Federal Government has no plan to sell or concession refineries in Nigeria. Kachikwu...

News

Refineries to Work Optimally in 2017 – NNPC

The Nigerian National Petroleum Corporation on Tuesday said it would embark on a comprehensive rehabilitation of the nation’s refineries to achieve optimal capacity...