NNPC Refineries Idle For 19 Months, Record N177.21bn Loss       In 19 straight months of not processing any barrel of crude oil, the government-owned refineries in Nigeria recorded a total loss of N177.21bn, the latest data from the Nigerian National Petroleum Corporation have shown. An analysis of...

DPR Revokes 32 Refinery Licences, Says Dangote Plant 80% Complete Thirty-two refinery project licences issued to private investors in the country have become invalid in the past three years, according to the Department of Petroleum Resources. The DPR said on Monday that the number of...