LAGOS AUGUST 25TH (NEWSRANGERS)-The Crude Oil Refiners Association of Nigeria has appealed to the Nigerian National Petroleum Company and the federal government to sell the Port Harcourt, Warri and Kaduna refineries. CORAN Publicity Secretary, Eche Idoko made this call in a recent statement. According to him, the $1.5 billion spent on the rehabilitation of Port…
LAGOS NOVEMBER 23RD (NEWSRANGERS)-A total of N81.41bn was expended on Nigeria’s refineries between January and August this year but the facilities refined no drop of crude oil all through this period, latest data obtained from the Nigerian National Petroleum Corporation showed. Kaduna Refining and Petrochemical Company, Port Harcourt Refining Company and Warri Refining and Petrochemical…
LAGOS MAY 31ST (NEWSRANGERS)-Nigeria’s three refineries located in Port Harcourt, Kaduna and Warri have recorded a combined loss of N50 billion in five months (January to May) 2020. The disclosure was made by Mr Joseph Nwakuwe, during a webinar seminar titled ‘Repositioning the newsroom to respond to changes in the oil sector in a COVID-19…
LAGOS DECEMBER 30TH (NEWSRANGERS)-Refineries under the management of the Nigerian National Petroleum Corporation stayed dormant for three consecutive months as they processed no drop of crude oil, latest report on the operations of the facilities has shown. An analysis of the consolidated operations of the refineries showed that the plants were dormant in July, August…