Refinery Archives | Ibe Kachikwu

27th August 2021

More Modular Refineries to Commence Operations in Nigeria Soon – Minister

The Minister of State for Petroleum Resources, Timipre Sylva, said the modular refineries programme to improve domestic crude oil output in the country is on track in an interview with...

8th August 2021

FG Grants NNPC Approval to buy 20% Stake in Dangote’s Refinery

According to Nigeria's Minister of State for Petroleum Resources, Timipre Sylva, the Federal Government has authorised the state-owned oil corporation, the Nigerian National Petroleum Corporation (NNPC), permission to buy a...

14th July 2021

Crude Supply to Private Refineries is Being Hampered by Foreign Exchange – NNPC

The Nigerian National Petroleum Corporation, NNPC’s Chief Operating Officer, Refineries, Mustapha Yakubu, stated at the recently completed 2021 Nigerian Oil and Gas (NOG) conference in Abuja that several private refineries...

27th May 2021

Tema Oil Refinery Refutes Reports it is on the Verge of Shutdown

Contrary to allegations that the Tema Oil Refinery (TOR) is on the verge of failing due to its failure to pay utility bills, the refinery's managers have denied that the...

17th May 2021

Nigerian State-owned Refineries Processed no Crude Oil in January 2021

In the latest published financial and operations report by the Nigerian National Petroleum Corporation, NNPC, the three state-owned refineries did not refine any crude oil in January 2021. The refineries...

16th April 2021

Nigeria: BUA’s Refinery in Akwa Ibom to be Operational by 2024

After the signing of a progress acknowledgement statement between BUA Group and Axens of France for the proposed 200,000 barrels per day refinery in Akwa Ibom State, Nigeria, the Group...

13th April 2021

Nigeria: Department of Petroleum Resources Refutes License Revocation Reports

Contrary to several reports that the Nigerian Department of Petroleum Resources (DPR) revoked the licenses issued for the establishment of thirty-two (32) refinery projects in the country, a statement signed...

29th November 2020

State-owned Oil Refineries were Intentionally Shut Down – NNPC GMD

Appearing before the House of Representatives of Nigeria's Committee on Petroleum Upstream on Thursday, 26th November 2020, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari,...

27th November 2020

President Buhari Commissions 5,000 BPD WalterSmith Refinery in Imo State, Nigeria

The 5,000 barrels per day Waltersmith Refinery in Ibigwe, Imo State, Nigeria, was commissioned on Tuesday, 24th November 2020. It became the second private-owned functioning refinery in the country, after...

6th November 2020

Dangote Refinery 80% Complete; Petroleum Products to Hit Market in Q4 2021

Dangote Group has announced that refined petroleum products from its 650,000 per day refinery under construction will be in the market from the last quarter of 2021. Products from its...