Refineries

A consortium of investors from South Korea has concluded plans to build four 100,000-barrel capacity refineries in various locations in Nigeria, the Federal Government announced on Tuesday. The Minister of State for Petroleum Resources…
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Minister of State for Petroleum Resources (oil), Heineken Lokpobiri says he did not direct the Nigerian National Petroleum Company Limited (NNPCL) to stop operating refineries and focus solely on equity participation in other refineries. …
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Former President Muhammad Buhari appointed Mele Kyari as Managing Director, Nigerian National Petroleum Corporation (NNPC) after the retirement of Maikanti Baru from the corporation on 7 July 2019. Kyari was appointed as the 19th GMD of…
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The Government of Saudi Arabia has pledged investment in the revamping of Nigeria’s refineries. It also indicates interest in providing financial support to sustain the government’s determination of reforming the foreign exchange. …
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The House of Representatives has queried the 2019, 49 million dollars contract for integrity test on Nigerian refineries awarded to Technimont company, by the Nigerian National Petroleum Corporation (NNPC). Rep. Ganiyu Johnson, the…
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The House of Representatives has set up a 14-man committee to investigate the quantity of fuel consumption in the country daily and determine the state of the nation’s refineries. Rep. Femi Gbajabiamila, the Speaker of the House of…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, says the corporation will not be involved in the management of the nation’s refineries after their rehabilitation. Dr Kennie Obateru, Group…
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