President Bola Tinubu has expressed his great satisfaction with the reopening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited (NNPCL). A statement issued by Bayo Onanuga, the Special Adviser to the President (Information & Strategy), on Monday, hailed the reopening as another significant achievement in 2024, which has bolstered…
Nigeria’s owned Port Harcourt Refinery has commenced processing crude oil production. The spokesperson of the Nigerian National Petroleum Company Limited, Olufemi Soneye, disclosed this on Tuesday. According to him, the refinery has kicked off with 60 percent capacity. He noted that the Refinery is processing 60,000 barrels per day of crude. The Port Harcourt refinery…
The Dangote Petroleum Refinery has begun the export of refined petroleum products to neighbouring West African countries, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets. A report by Bloomberg on Tuesday, quoting data sourced from Vortexa, Kpler, Precise Intelligence, a port report, and ship-tracking platform, said a…
The Nigerian Air Force (NAF) has declared the demolition of ten overhead tanks and thirteen illicit processing sites to stop oil thieves and economic saboteurs from breaking oil pipelines and syphoning crude oil and its products. Air Vice Marshal Edward Gabkwet, the Air Force’s Director of Public Relations and Information, stated in a statement that…
