Why Shell refused to buy stake in Nigeria’s refineries when I offered – Obasanjo
Former Nigeria’s President, Chief Olusegun Obasanjo has explained the reason why Shell refused to buy equity stake in Nigeria’s refinery ...
Tag: Nigerian refineries
Refinery operations still loss-making: Capacity utilisation of the four refineries still 0%
According to NNPC's report, the four refineries owned by FG lost a combined N7.1 billion (August 2019 – N13.2 billion) ...
Nigeria’s crude oil output exceeds benchmark as daily production hit 2.323 million barrels
The Nigerian National Petroleum Corporation (NNPC) has disclosed that Nigeria's crude oil has exceeded the 2.3 million barrels per day benchmark ...
Nigeria’s Petroleum minister and Saudi Aramco discuss investment options
Nigeria's minister of state for petroleum resources, Ibe Kachikwu, paid a courtesy visit to the world's most profitable firm, Saudi Aramco ...
Billions lost as Nigerian refineries remain inactive
Between April and November 2018, the Nigerian National Petroleum Corporation lost revenue totalling 228.1 billion due to inactive refineries.
