Tag: Refinery

FG Working To Stop Fuel Importation February 2024 – Lokpobiri

Minister of State for Petroleum Resources, Oil, Heineken Lokpobiri has said that the federal government will stop importation of fuel in February 2024. He disclosed this during an inspection tour…

How Otedola, Dangote Paid $761m to Buy Refineries – Obasanjo

Former President Olusegun Obasanjo has opened up on how Otedola and Dangote offered $761 million to buy two out of four of Nigeria’s refineries. The former president disclosed this during…

Port Harcourt Refinery Begins Operations – FG

The Federal Government has said that the Port Harcourt Refining and Petrochemical Company in Rivers State has begun operations. According to FG, the facility commenced operations on December 20, 2023,…

South Korean Consortium to Establish Four Refineries in Nigeria

A consortium of South Korean investors is set to construct four 100,000-barrel capacity refineries in Nigeria, the Federal Government announced today. Minister of State for Petroleum Resources, Heineken Lokpobiri, revealed…