Tag Archives: refineries

Ukraine has launched drone attacks on at least three oil refineries deep inside Russia, as the Kyiv government intensifies its cross-border strikes days before President Vladimir Putin’s anticipated re-election. A Ukrainian defense said on Wednesday that Ukraine is “implementing a well-planned strategy to decrease Russian economic potential.” Ukraine struck three …

Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, who appeared before the senate joint committee on appropriations today, December 8, stated that the main objective of creating refineries is not to reduce fuel price.    The NNPCL GMD also said that maintaining the …

The Government of Saudi Arabia has pledged to invest in the revamp of Nigeria’s refineries, as well as provide financial support to sustain the government’s foreign exchange reforms.     A statement released by the Minister of Information and National Orientation, Mohammed Idris, today November 11, says Saudi Crown Prince, …

Former President Olusegun Obasanjo has said that the oil refineries in Nigeria will never be functional despite the promises made by President Bola Tinubu-led administration to make Port Harcourt refinery start working by December 2023.   In an interview with The Cable, the former Nigerian leader said when he was …

The minister, represented by Mr Kamaru Busari, Acting Permanent Secretary, Ministry of Petroleum Resources, said vandalism and oil theft had resulted in Nigeria producing less than one million barrels of crude oil per day. Sylva said the country’s inability to meet its Organisation of the Petroleum Exporting Countries (OPEC) quota …