FG Lost N84bn To Ailing Refineries In 11 Months The nation’s refineries made a total loss of N84bn from January to November last year, as they continued to operate far below their installed capacity. The refineries are the Warri Refining and Petrochemical Company, Port Harcourt Refining...

IPMAN's $3bn Refinery Underway The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to commence work on its proposed $3 billion (N1.08 trillion) refinery in two states in the federation. The National President of the association, Mr Chinedu Okoronkwo, made the disclosure in a chat...

Chinese Firms Sign 5,500bpd Modular Refinery Deal In Edo State The Edo State Government has disclosed that it had signed a Memorandum of Understanding with a Chinese consortium for the construction of a modular refinery in the state. It said that the refinery, with capacity for...