Since the turnaround maintenance of the Port Harcourt Refinery began in 2021, there has been a continuous stream of promises regarding the project’s completion and the subsequent restart of the facility’s production. Despite the change in administrations and numerous ministers,…
The Senate has raised concern over 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result. Sen. Opeyemi Bamidele, Chairman, Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage…
…Laments $500m loss over petrochemical facility delay in Ogun state …As NNPC Ltd unable to pay for 20% stake President of the Dangote Group, Aliko Dangote has revealed plans to list the Dangote refinery and Fertilizer company on the stock…
…Stocks 450,000 barrels of oil The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, has said the Port Harcourt refinery will commence operations in about two weeks time. According to Kyari, mechanical works have been completed…
The Federal Government on Thursday announced the mechanical completion and flare start off of the Port Harcourt Refining Company Limited (PHRC). Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil) disclosed this on Thursday in Port Harcourt during a media…
The Federal Capital Territory Administration (FCTA) has discovered the presence of an illegal oil refining warehouse in Mabushi, Abuja. The Director, Department of Development Control, Mukhtar Galadima, who spoke to journalists said that the illegal refining site was uncovered during…
It is now an open secret that since the removal of fuel subsidy on May 29, 2023, Nigerians have been living from hand to mouth. This is sequel to the skyrocketing of goods and services in the country, induced by…
The Eastern Naval Command of the Nigerian Navy has arrested 27 vessels engaged in illegal bunkering and crude oil theft. They also deactivated 294 illegal refinery sites. The outgone Flag Officer Commanding, Eastern Naval Command, Rear Adm. Ibrahim Dewu, made…
The Independent Petrol Marketers Association of Nigeria has faulted the Minister of State for Petroleum, Chief Timipre Sylva, over his assurance on the completion of the Port Harcourt refinery. Sylva had during a seminar recently in Abuja, said the refinery…
The Governor Dapo Abiodun-led administration in Ogun State on Wednesday took a major step in making the state an oil producing one as a firm, Gasoline Integrated International, expressed its readiness to build a $3bn refinery in Tongeji Island, Ipokia…
