Tag: Port Harcourt Refinery

Chinese stake in Port Harcourt, Warri refineries signals major shift in Nigeria’s oil sector

Business Damilola Bayonle -
Nigeria’s state-owned oil company, Nigerian National Petroleum Company Limited, is considering a deal that could hand Chinese investors majority...

Port Harcourt refinery could restart in days as profitability debate delays decision

Business Damilola Bayonle -
Nigeria’s long-troubled refining sector has returned to the spotlight after the Petroleum and Natural Gas Senior Staff Association of...

Port Harcourt refinery supplies diesel despite shutdown — NMDPRA reveals losses and delays

Business Damilola Bayonle -
The prolonged shutdown of the Port Harcourt Refining Company has continued to attract fresh scrutiny after new regulatory disclosures...

NNPC refineries privatisation: PETROAN pushes bold reform to rescue failing refinery sector by Q1 2026

Business Damilola Bayonle -
The push for sweeping reforms in Nigeria’s downstream petroleum sector intensified as the Petroleum Products Retail Outlets Owners Association...

PETROAN Slams NNPC Over Port Harcourt Refinery Control

Business Damilola Bayonle -
In a bold critique of the Nigerian National Petroleum Company Limited (NNPC), the National Publicity Secretary of the Petroleum...

NNPC Declares Port Harcourt Refinery Not for Sale

Business Damilola Bayonle -
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reaffirmed its stance that the Port Harcourt Refining Company (PHRC)...

Fuel Marketers Approve Refinery Divestment, Project Price Relief

Business Damilola Bayonle -
Oil marketers and industry stakeholders have expressed strong support for the proposed sale or privatisation of Nigeria’s long-dormant refineries...

NNPC Mulls Refinery Sale as Rehabilitation Challenges Mount – Bayo Ojulari

Business Damilola Bayonle -
The Nigerian National Petroleum Company (NNPC) Limited is re-evaluating its refinery rehabilitation strategy and may consider selling off its...

‘NNPC Refineries May Never Work Again’ — Dangote Drops Bombshell

Business Damilola Bayonle -
Africa’s richest man and President of the Dangote Group, Alhaji Aliko Dangote, has cast serious doubt over the future...

Mele Kyari Faces Heat as Protesters Demand Probe of $2bn

Damilola Bayonle -
A wave of public outrage over alleged mismanagement within the Nigerian National Petroleum Company Limited (NNPCL) has reached a...