Edo Refinery Places Order For 200,000 Barrels Of Crude

Edo Refinery Places Order For 200,000 Barrels Of Crude

Edo Refinery and Petrochemicals Company Limited (ERPC), has placed order for 200,000 barrels of crude from Oza Oil Field operated by Decklar Resources and Millenium Oil and Gas Company.  Edo Refinery was established with the injection of N700 million as redeemable preference shares...
read more
Edo Refinery Orders 150,000 Barrels Of Crude

Edo Refinery Orders 150,000 Barrels Of Crude

The Edo Refinery has placed an order for the supply of 150,000 barrels of crude from Decklar Resources Inc and Millennium Oil and Gas Company.  The refinery was developed by the Edo Refinery and Petrochemical Company Limited (ERPC) wit...
read more
Edo Refinery Begins Production

Edo Refinery Begins Production

Edo State Government-backed Edo Modular Refinery has commenced production at its 6,000bpd plant in Ologbo, Ikpoba Okha Local Government Area.  A statement sent to City Business News on Tuesday explained that the facility with its feedstock can produce 50 ...
read more
At NCDMB Summit, FG Seeks Domestic Refining Capacity Synergy

At NCDMB Summit, FG Seeks Domestic Refining Capacity Synergy

By Moses Ebosele, ebosele@hotmail.com   — The Federal Government has called for synergy among stakeholders in the midstream and downstream sector as part of measures to strengthen local content and boost the country’s domestic refining capacity. In ...
read more
A’Ibom Unveils Coconut Oil Refinery, Targets 3,000 Jobs 

A’Ibom Unveils Coconut Oil Refinery, Targets 3,000 Jobs 

The Akwa Ibom State Government has commissioned what its described as Africa’s first digital coconut oil refinery   Commissioning the factory located in Ikot Akpan Okop village in Mkpat Enin Local Government Area on Friday,  former G...
read more
Dangote Refinery To Reduce Africa’s Petroleum Importation by 36%, Says APPO

Dangote Refinery To Reduce Africa’s Petroleum Importation by 36%, Says APPO

African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that t...
read more
NNPC Explains Fire Outbreak At Port Harcourt Refinery

NNPC Explains Fire Outbreak At Port Harcourt Refinery

The Nigerian National Petroleum Corporation (NNPC), on Sunday, described January 1, 2022 fire outbreak at the Port Harcourt Refining Company (PHRC) as minor.  According to NNPC, the fire, caused by a spark while a 33,000-litre truck was discharging naphth...
read more
Military Deactivates 69 Illegal Refining Sites

Military Deactivates 69 Illegal Refining Sites

Operation Delta Safe have discovered and deactivated a total of 69 illegal refining sites in different parts of the Niger Delta region of the country, the Defence Headquarters has disclosed/The Acting Director, Defence Media Operation, Brig.-Gen. Bernard Onyeu...
read more
Obaseki: Ologbo Modular Refinery Ready For Production

Obaseki: Ologbo Modular Refinery Ready For Production

Edo State Governor,  Godwin Obaseki says the modular refinery in Ologbo, Ikpoba – Okha Local Government Area (LGA) of the state was ready for production.  Obaseki stated this shortly after he was conducted round the facility by the Managi...
read more
Crude Oil Price Falls For Fifth Straight Day

Crude Oil Price Falls For Fifth Straight Day

Oil prices dropped for a fifth day on Thursday after official data showed a sustained rise in U.S. crude and fuel inventories, while the ever-present pandemic clouded the demand outlook.Brent crude was down 12 cents, or 0.2%, at $67.88 a barrel...
read more
FEC Approves $1.5b For Rehabilitation Of Port Harcourt Refinery

FEC Approves $1.5b For Rehabilitation Of Port Harcourt Refinery

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved 1.5billion dollars for the rehabilitation of the Port Harcourt Refinery in Rivers State.  Minister of State for Petroleum Resources, Timipre Sylva, made ...
read more
Bayelsa Seeks Private Investors For Modular Refinery

Bayelsa Seeks Private Investors For Modular Refinery

The Bayelsa  Government is shopping for investors to establish a modular refinery as part of measures to fasttrack socio-economic development of the State. The Technical Adviser to the Governor on Investment, Dr Jonathan Obue...
read more
Heritage Bank’s  Academy, CBN, 25 Others Receive CIBN’s Certificates of Accreditation

Heritage Bank’s Academy, CBN, 25 Others Receive CIBN’s Certificates of Accreditation

The Chartered Institute of Bankers of Nigeria (CIBN) has official presented Certificates of Accreditation to Heritage Bank Plc Academy known as “The Refinery” and the Central Bank of Nigeria (CBN) Learning Centre.   The Institute via a Zoom virtual platf...
read more
Dangote Refinery Takes Delivery Of Crude Refining Equipment

Dangote Refinery Takes Delivery Of Crude Refining Equipment

The Dangote Oil Refinery Company on Sunday took delivery of what it described as the world’s largest crude distillation equipment. Capt. Rajen Sachar, Head, Maritime and Ports Infrastructure of Dangote, told newsmen at the arrival of the equipment in Lagos.....
read more