Refinery

Dangote Petroleum Refinery, on Tuesday, announced a further reduction of the price of diesel from N1,200 to N1,000 per litre. While rolling out the products, recently, the refinery supplied at a reduced price of N1,200 per litre, representing over 30 per cent reduction from the previous market price of about N1,600 per litre. The reduction in the price of diesel, ...

Reprieve has come the way of local refiners as the Federal Government has eventually bowed to pressure as it now complies with the demands of domestic crude oil refiners and other operators in the sector, by allowing them to pay for crude in local currency, the Naira. With the sales of crude oil in Naira, the pressure on the local ...

The Antivandal Squad of the Nigeria Security and Civil Defence Corps Rivers State Command has uncovered a local refinery at Adobi-Akwa settlement in Etche Local Government Area of Rivers State. Representing the Rivers State Commandant Basil Igwebueze; the Head of Antivandal Squad CSC Peters Ibiso took the newsmen across a tick forest which is about 6-7 kilometers from the main ...

……… by .Victor Egbo…….. Nigeria is now sets to redirect a $17 billion annual international refined petroleum products market. This is because most of the African countries including Nigeria import their refined petroleum products from Europe and India. But with the coming on stream of Dangote 650,000 BPD capacity Refinery Nigeria will now be the hub for export of refined ...

…….by Ben Ndubuwa…… Port Harcourt Refinery has again received another crude oil supply from Shell Nigeria ahead the commencement of refining operations later in the year. The Nigerian National Petroleum Corporation Limited (NNPCL) had said that test runs at the 60,000-bpd Port Harcourt refinery will be completed first quarter of this year.“Testing will conclude shortly, ensuring the refinery’s efficient operation. ...

The Nigerian National Petroleum Company Limited has recorded some breakthroughs while deepening its war on crude oil theft. It recently discovered 223 fresh illegal connections and illegal refineries in the Niger Delta. In a two-minute video obtained by Channels Television on Wednesday, it was revealed that the incidents were recorded between the 10th and 16th of February 2024. A breakdown ...

…….by Victor Egbo…….… products will be in the market within this month once it receives regulatory approvals. …Alike Dangote Expresses appreciation to President Tinubu, Others The Multi-billion dollar 650,000 barrels per day Dangote Petroleum Refinery which started production on Friday is beginning with two lines of production, namely Automotive Gas Oil (Diesel)and Aviation Fuel, and thereafter other lines of production ...

……may kick off refining next year….. ……by Ben Ndubuwa…….. The Nigerian National Petroleum Company Limited has concluded 84.4 Percent rehabilitation work of some part of the Port Harcourt refinery and may start refining next year. This rehabilitation include the mechanical completion of work on Area 5 Plant of the refinery. Rehabilitation work has been ongoing at the Refinery for over ...

…….by Ben Ndubwa…… The Waltersmith Refinery is now set to hit 10,000 barrels per day (BPD) from its current 5,000 bpd in early 2025 about 18 months from now. As one of the leading private own modular refinery, the expansion of the refining capacity of Waltersmith Refinery in Ibigwe, Ohaji-Egbema Local Government Area of Imo State from its current 5,000 ...

………by Jenifer Dike…….The Chairman of Waltersmith Group, Abdulrazaq Isa, OFR, has said that they are working round the clock to ensure that Phase Two of its refinery project, which will immediately take its capacity from 5,000 barrels of crude oil a day (bpd) to 10,000bpd, comes on stream. Isa stated this during the recent official visit and tour of the ...