NNPC Denies Approving Sale of Refinery Scrap
The Nigerian National Petroleum Company (NNPC) on Friday issued a stern public warning, urging citizens to be on high alert following the emergence of false and misleading claims that the ...
Tag: Refinery
Petrol Price Drops as Dangote Refinery, Others Reduce Depot Rates
The Dangote Petroleum Refinery and several major depot operators have lowered the average gantry price of Premium Motor Spirit (PMS) to N840 per litre, a slight reduction from the previous ...
Dangote Group Set to Allow Refinery Workers Join NUPENG
Indications have emerged that the management of Dangote Group has reached an understanding to allow workers at its refinery and petrochemical operations to join the Nigeria Union of Petroleum and ...
Nigeria’s Oil Boss Admits Refinery Revival Efforts Hit Major Obstacles
The head of Nigeria's state oil company acknowledged Thursday that reviving the country's moribund refineries has proven more challenging than anticipated, despite substantial financial commitments, as the facilities bear the ...
Dangote Plans Seaport Construction in Latest Business Expansion Move
Africa's richest person, Aliko Dangote, has applied to begin work on a seaport near his fertilizer and oil refinery plants to make it easier to export goods—including liquefied natural gas—and ...
Nigerian Oil Marketers Back Refinery Privatization Following Years of Non-Operation
Nigeria's oil marketers are rallying behind a controversial proposal to privatize the country's three major refineries, marking a potential turning point in the nation's long-struggling downstream oil sector. The Nigerian ...
Dangote: State-Owned Refineries Will Never Work Despite $18 Billion Investment
In a damning assessment of Nigeria's petroleum sector, billionaire industrialist Aliko Dangote has declared that the country's three state-owned refineries are beyond salvation, despite consuming a staggering $18 billion in ...
EFCC Arrests Former NNPCL Executives Over $7.2bn Refinery Fraud Scandal
The Economic and Financial Crimes Commission (EFCC) has arrested Umar Isa, a former Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPCL), over his alleged involvement in ...
NNPC Schedules Maintenance Shutdown of Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that the Port Harcourt Refining Company (PHRC) will undergo a scheduled maintenance shutdown beginning May 24, 2025. This was disclosed ...
JUST IN: Dangote Refinery Raises Petrol Price to N865 Despite Falling Crude Oil Prices
The Dangote Refinery has increased the price of petrol to N865 per litre, marking a N50 rise from its previous rate of N815 per litre. This move comes after the ...
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