refineries

KEY POINTS Former President Olusegun Obasanjo has again declared that Nigeria’s state-owned refineries operated by the Nigerian National Petroleum Company Limited will never function effectively again, despite ongoing efforts by …

KEY POINTS African energy stakeholders are mobilising an estimated $120 billion to construct six large-scale refineries comparable to the Dangote Petroleum Refinery, in a bold move to shield the continent …

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 …

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 …

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 …

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 …