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Oil thieves flee as troops destroy illegal refinery in Delta

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The troops of 6 Division, Nigerian Army, have destroyed eight active ovens used for refining stolen crude oil around Ogbokoko and Atu in Warri...

Dangote: Why I invested over $18.5bn in refinery

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The President of Dangote Group, Aliko Dangote, says the investment of over $18.5 billion in the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos State, was...

Germany seizes Russian-owned refinery amid energy crisis

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The German subsidiary of Russian oil giant Rosneft was on Friday placed under trusteeship, giving Germany’s federal regulator control of the PCK refinery in...

Port Harcourt refinery to start production by December – FG

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The Federal Government has given assurances that the ongoing rehabilitation of the nation’s ailing refineries would soon be completed. Specifically, the 60,000 barrels per day...

FG spends N1.593trn on fuel subsidy, refinery gulps N54.66bn in 6...

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  The Federal Government has spent N1.593 trillion on fuel subsidy in the first six months of 2022, according to the latest data available. The Nigerian...

NNPC: No refinery is functional in Nigeria

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has said no refinery is working at the moment in...
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