Tag: Nigeria refineries

Nigeria refiners demand new crude pricing framework to stabilise petrol, diesel prices

Business Damilola Bayonle -
Nigeria’s refining industry has renewed calls for the adoption of a local crude pricing framework, warning that without a...

NNPC slams neglect for stalled refineries revamp

Business Damilola Bayonle -
The Nigerian National Petroleum Company Limited (NNPC) has admitted that years of neglect of the country’s refineries have continued...

Politics killing Nigeria’s refineries – PENGASSAN

Business Damilola Bayonle -
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned that Nigeria’s state-owned refineries may never...

Nigeria sticks to OPEC rules amid Output Rise – Lokpobiri

Business Damilola Bayonle -
Nigeria has restated its commitment to the Organisation of Petroleum Exporting Countries (OPEC) production rules, despite recent increases in...

Crude Shortage Halts 42% Refinery Operations

Business Damilola Bayonle -
A deepening crude oil supply crisis is crippling Nigeria’s efforts to revitalise its domestic refining sector, as fresh data...