Nigeria, according to Organization of the Petroleum Exporting Countries (OPEC) statistical bulletin 2024, has 37.5 billion of ...

NUPRC has threatened sanctions for oil firms deliberately failing to meet domestic crude supply obligations to refineries.

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil. A report by Africa Report has it that the refinery is ramping up its storage ...

The Crude Oil Refinery-owners Association of Nigeria (CORAN) has said Nigeria is gradually becoming a refining hub in West Africa ...

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed! he government’s ...

The Dangote Petroleum Refinery is targeting importing crude oil feedstock over insufficient supply from the Nigerian National Petroleum Company as the oil firm ramps up production supply.

The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States, the Africa Report reported on Monday. The refinery resorted to crude importation as local ...

ARG had previously implemented a revamp programme for PHRC Loading Terminal in time for the restoration of production and the resumption of crude oil processing at the Port Harcourt Refinery on ...

The latest U.S. sanctions imposed on the Russian oil industry in January have made crude exports to key Asian customers in India and China more costly and complex. Russian refining runs rose by 2% ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico. By Rebecca F. Elliott Oil and gas ...

Nigeria's oil ... crude oil exporter while heavily dependent on imported refined products. To address this imbalance and enhance its oil production capacity, the country is making refinery ...

move to reduce crude oil exports or crude oil to be processed in domestic refineries. IESR suggested that the government review the move because there is potential that the export scheme could be more ...