KEY POINTS Former Vice President Atiku Abubakar has argued that the Nigerian National Petroleum Company Limited’s (NNPCL) admission that reopening the Port Harcourt Refinery is a waste of resources validates …
refineries
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In the NewsOil & Gas
PENGASSAN Chief Osifo Advocates Partial Sale of Nigeria’s State Refineries to Secure Investment
The head of Nigeria’s prominent oil sector union has proposed a middle path for the long-awaited restructuring of the country’s beleaguered state refineries. Festus Osifo, President of the Petroleum and …
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Tropical Storm Beryl strengthens in the Gulf of Mexico, threatening to become a hurricane and make landfall on the Texas coast. The storm’s path raises concerns about disruptions to the …
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Nigeria’s oil regulator, the NUPRC, has warned crude suppliers to comply with their obligations to provide adequate crude oil to local refineries, as stipulated by the new Petroleum Industry Act …