The House of Representatives Committee on Petroleum Resources (Midstream) will convene this Thursday to deliberate on the controversial state of Nigeria’s four ailing state-owned refineries […]
Tag: Refineries
Troops Nab 42 Oil Thieves, Destroy 19 Illegal Refineries in Major Delta Crackdown
In a sweeping crackdown on oil theft and criminal activities in the Niger Delta region, troops of Operation Delta Safe have arrested 42 suspected oil […]
South Korean Consortium to Build Four Refineries in Nigeria, Says FG
A consortium of South Korean investors is set to build four refineries in Nigeria, each with a capacity of 100,000 barrels, the Federal Government announced […]
Dangote Refinery’s Petrol Price Sparks Debate Among Oil Marketers and Industry Stakeholders
Oil marketers and industry stakeholders have raised concerns about the pricing of Premium Motor Spirit (PMS) produced by the Dangote Refinery, following its release by […]
Indigenous Refineries Granted Currency Flexibility: Crude Oil Purchases Now in Naira or Dollars
The Federal Government has announced that indigenous refineries in Nigeria can now purchase crude oil in either naira or dollars, complying with demands from domestic […]