Refinery

The Nigerian National Petroleum Company Limited (NNPCL)  has issued a statement clarifying that it has not yet begun bulk sales of its products or opened its purchase portal for Port Harcourt Refining Company (PHRC). NNPCL  assured the public that essential processes are still being finalized before these operations can commence. In an official release, NNPCL explained that all products currently ...

150,000 capacity New Port Refinery to come on stream mid 2025 -NNPCL Stakeholders have expressed excitement as the Port Harcourt Refinery commenced operations urging the management of Nigerian National Petroleum Company Limited  (NNPCL) to ensure that its operations are sustained and avoid hitches that could result in the breakdown of the refinery again. Clement Isong, chief executive officer of the ...

………..by Victor Egbo…… In a significant stride towards energy independence, the Port Harcourt Refinery may have commenced operations, marking a major milestone in Nigeria’s journey to revitalizing its oil and gas sector. The reopening of the refinery, located in Rivers State, is set to boost the nation’s local refining capacity, reduce reliance on imported petroleum products, and drive economic growth. ...

… Not new, says NNPCL …this development may have informed Dangote’s decision to slash fuel prices–stakeholders   The Port Harcourt Refinery has finally begun production of intermediate products that will further be blended into Premium Motor Spirit or Petrol. The old Port Harcourt Refinery with 60,000 barrels capacity per day, according to sources, started producing ethanol a few days ago. ...

The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPC Ltd), Mele Kyari, has dismissed allegations that the company is undermining domestic refinery efforts. He made these comments at the 42nd Nigeria Association of Petroleum Explorationists (NAPE) Annual International Conference and Exhibition, themed “Resolving the Nigeria Energy Trilemma: Energy Security, Sustainable Growth and Affordability,” held in Lagos. ...

The Chairman of Dangote Group, Aliko Dangote, on Tuesday, urged petroleum marketers, including the Nigerian National Petroleum Company Limited, to source petrol directly from his refinery to meet local demands. Dangote confirmed the refinery’s readiness to supply fuel after closed-door talks with President Bola Tinubu at the Aso Rock Villa, Abuja. He stated that the refinery can produce over 30 ...

The Independent Petroleum Producers Group (IPPG) commended the leadership of Engr. Gbenga Komolafe, the Commission Chief Executive of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), for tireless efforts and unwavering commitment to the growth and development of the oil industry. IPPG made this commendation during the third year anniversary celebration of NUPRC. According to the independent petroleum producers, the Commission has ...

Dangote Group has said it did not file a fresh lawsuit against Nigeria National Petroleum Corporation Limited (NNPC) and others. The group made this known in a statement on Monday night in reaction to reports that it dragged the NNPC, Matrix Petroleum Services Limited, A. A. Rano Limited and four other companies before the Federal High Court in Abuja over ...

The Crude Oil Refinery Owners Association of Nigeria (CORAN) has successfully hosted its maiden summit, CORAN 2024, under the theme “Making Nigeria a Net Exporter of Petroleum Products.” The landmark event discussed the future of Nigeria’s oil refining industry and its potential to drive economic growth and energy security. The Minister of State for Petroleum Resources (Oil), Sen. Dr. Heineken ...

Photo: L-R Lagos State Commissioner for Energy, Biodun Ogunleye; Transcorp Power President, Dr. OwenOmogiafo; Minister of Power, Adebayo Adelabu; Exihibition Director Nigeria Energy, Ade Yesufu and Akinwole Omoboriowo, Chairman & CEO of Genesis Energy Genesis, a leading energy solutions provider in West Africa, has announcedits sponsorship of the Nigeria Energy Leadership Summit, which runs from October 15 to 17,2024, in ...