Modular Refineries Decry Exclusion from Naira-for-Crude Initiative   The Crude Oil Refiners Association of Nigeria (CORAN) has faulted the Technical Sub-Committee of the Crude and Refined Product Sales in Naira over the continued exclusion of modular and smaller local refiners from ongoing discussions on the...

FX Crisis Threatens Modular Refineries Modular refineries in Nigeria are currently facing the threat of shutting down operations following their inability to access foreign exchange for the purchase of crude oil, a commodity priced in United States dollars. Nigeria has 25 licenced modular refineries with a...

Modular Refineries Can’t Refine Fuel Due To Price Regulation, Says NNPC   The Nigerian National Petroleum Company Limited (NNPC) on Wednesday explained that one of the key reasons modular refineries in Nigeria were not producing Premium Motor Spirit, popularly called petrol, was because of the regulated...

Modular Refineries: Revoke, Re-issue Licences, Reps Urge NNPC       The House of Representatives has urged the Nigerian National Petroleum Corporation to review the status of the licences issued to indigenous companies to run modular refineries. It asked the corporation to revoke and re-issue them to competent and...

FG Curbing Unemployment, Vandalism With Modular Refineries - Sylva         The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that with the completed and ongoing modular refineries, the federal government is set to tackle unemployment and incessant pipeline vandalism. Sylva spoke during the ground-breaking...

Ten Modular Refineries To Begin Production In Niger Delta The National Chairman of the Host Communities of Nigeria Producing Oil and Gas, Dr Mike Emuh, says about 10 modular refineries will soon begin operation across the states of the Niger Delta region. The HOSCON chairman disclosed...