Through 11,000bpd Refinery, DPR Plans To Strengthen Local Refining   The Department of Petroleum Resources (DPR), yesterday, reiterated the need to strengthen local refining of petroleum products in efforts to meet demand and reduce capital flight through import of refined products. Director, DPR, Ahmad Shakur, said the...

New Hope Beckons On Nigeria’s Ailing Refineries   The Nigerian National Petroleum Corporation has set a 2022 date for its three refineries in Kaduna, Warri and Port Harcourt to come back fully to operation. The Nigerian National Petroleum Corporation (NNPC) has said that repair works on its...

Petrocam Halts Plan To Build Refinery Petrocam Trading Nigeria Limited has announced the suspension of its plan to build a refinery in the country. The Managing Director, Petrocam Trading Nigeria Limited, Mr Patrick Ilo, said the lack of full deregulation in the downstream sector was hampering...

NNPC To Establish 100,00-Barrel Refineries In P'harcourt, Warri The Nigerian National Petroleum Corporation on Tuesday announced plans to establish a 100,000-barrels-per-day brownfield refinery each in Port Harcourt, Rivers State and in Warri, Delta State. It said the plan was part of its refinery collocation initiative designed...

Dangote Refinery’ll Boost Nigerian Crude Oil Sale – Edwin The Group Executive Director, Dangote Industries Limited, Devakumar Edwin, has said the oil refinery being built by the company will provide a ready market for the nation’s crude oil. Edwin was quoted in a statement as saying...

Dangote Organizes $4.5bn Financing For Refinery   The President, Dangote Industries Limited, Aliko Dangote, has arranged more than $4.5bn in debt financing for his crude oil refinery project and aims to start production in early 2020. Dangote, Africa’s richest man, is building a refinery with a capacity...