The Domestic Refinery Owners Association of Nigeria (DROAN), have thrown their weight behind the Federal Government’s removal of oil subsidy in the country. The National Chairman of the association, Mr Godwin Sunday, made this known in a press conference organised by the association in Uyo on Saturday. Sunday said that the association was in full…

A South-west socio-political group, Yoruba Ronu Leadership Forum, has queried the rationale behind the train link contract to the Niger Republic...

• Female medics demand release of colleague in C’River The management of Alexis Refinery Limited has begun moves to establish a $15 million and 10,000 barrels per day modular refinery at Abuator community in Ndokwa East council area of Delta State, with the proposed Petroleum Industrial Bill (PIB) as template for justice. The facility, which…

Edo Government says the ongoing Modular Refinery project at Ologbo in Ikpoba-Okha Local Government Area of the state, will on completion, drive the state’s industrial revolution quest.

Considering redundancy challenges, especially poor capacity utilisation affecting refineries in Nigeria despite the huge import of refined petroleum products, Managing Director, Waltersmith Petroman Oil Limited

For a country that its total debt profile has risen to N24.387t, where subsidy for imported petrol stood at N10t between 2006 and 2018, and where the number of poor Nigerians stands at 91 million, while unemployment figure settles at 20.9 million, the Federal Government is only rubbing salt in the wound if yearly losses…

The Federal Government yesterday laid the foundation of the first gold refinery in Mowe, Ogun State, to enhance the country’s sustainable economic growth. Minister of State for Mines and Steel Development, Abubakar Bwari, who performed the ceremony in Mowe, said government and promoters of the refinery identified gold as a strategic commodity. Bwari commended the…

Operators in the downstream and mid-stream segments of the petroleum industry have urged the Federal Government to proceed with the privatisation of the nation’s refineries to make them profitable again.

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, at the weekend said two modular refineries would be commissioned in Delta and Rivers states in December. Speaking at the 2018 graduation of the Petroleum Training Institute (PTI) Effurun, he added that government had issued licences for 38 of the facilities currently at different stages…

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday performed the ground breaking of a 5,000 barrel per day (bpd) capacity modular refinery at Ibegwe Flow Station in Ohaji Local Council of Imo State to boost local content and enhance production of petroleum products. According to him, the facility is to commence production…

The Movement for the Actualisation of the Sovereign State of Biafra (MASSOB) has faulted the plan of President Muhammadu Buhari-led Federal Government to build a modern refinery in his home state of Katsina. It described the plan as insensitivity and callousness. The group, which further said Biafra struggle had reached the point of no return,…

The Federal Government has reached an agreement with Niger Republic to build a new refinery in the border town between the Republic of Niger and Kastina State, the Ministry of Petroleum Resources has said. The technical agreement, which is to be signed soon, would include building of crude oil pipeline from Niger to the new…