Refinery

Concerns as NNPCL Seeks Private Firms to Run Refineries

September 01, (THEWILL) – In an apparent state of bewilderment stemming from what stakeholders and industry experts ascribed to ineptitude and corruption, the Nigerian National Petroleum Company Limited (NNPC) has made a detour on the endless route towards fixing...

NASS Petroleum Industry Probe: Another Outing in Legislative Frivolity?

August 11, (THEWILL) – Ten months after the Senate embarked on a probe of the endless maintenance of Nigeria’s moribund refineries without a report, the upper and lower legislative chambers have jointly commenced a similar exercise. Following fresh controversies trailing...

Nigeria’s Oil Output Hits 1.4m bpd – OPEC

January 17, (THEWILL) - Nigeria’s oil output on a month-on-month (MoM) basis rose to 1.4 million barrels per day (bpd) in December 2023, the Organisation of Petroleum Exporting Countries (OPEC) disclosed in its Monthly Oil Market Reports (MOMRs) for...

Edo Refineries Receive 75,500 Barrels Of Crude From Oza Oil Field

December 20, (THEWILL) – The Edo Refinery and Petrochemical Company (ERPC) facility in Ologbo and Duport Midstream Company Limited (DMCL) facility in Egbokor, Orhionmwon, have received a total of 75,500 barrels of crude from the Oza oil field and...

Endless Refinery Repairs: Who Accounts For Billions Expended?

President Bola Tinubu on August 2, 2023 gave his commitment to the leaders of Organised Labour that the Port Harcourt Refinery will start production by December. He said this would be after the completion of an ongoing rehabilitation contract...

Edo Refinery Begins Production, Sets To Expand Capacity To 21,000bpd

January 24, (THEWILL) - The Edo state government-backed Edo Modular Refinery has begun production at its 6,000bpd plant in Ologbo, Ikpoba Okha Local Government Area. With its feedstock, the facility is expected to produce 50 percent of diesel (500,000 litres),...

Labour Leaders Applaud Dangote Refinery Project

BEVERLY HILLS, December 20, (THEWILL) - Citing economic benefits accruing from the multi-billion dollars 650,000 bpd capacity Dangote Refinery currently under construction, organized labour at the weekend threw its weight behind the project describing it as a singular investment that...
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Latest News

Moniepoint Backs Cash-Flow Lending as Formal Credit Access Rises to 10 Percent

Moniepoint has backed the expansion of cash-flow-based lending as the Enhancing Financial Innovation and Access (EFInA) Access to Financial Services in Nigeria (A2F) 2026 Survey shows a sharp increase in formal credit access.
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