A $3 billion refinery fraud has rocked Nigeria’s petroleum sector as authorities have traced N80 billion to the personal accounts of a recently sacked managing director of one of the country’s state-owned refineries. The revelation follows the arrest of the former managing directors and top executives of the Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining …

Oil marketers have started loading Automotive Gas Oil (diesel), and kerosene from the Warri Refining and Petrochemical Company, according to Sunday PUNCH. The newspaper also reported that the dealers are demanding Premium Motor Spirit (PMS, also known as petrol) from the recently rehabilitated plant. Under the management of NNPC Limited (NNPCL), the refinery came on stream last Monday after the …

The Nigerian National Petroleum Company Limited (NNPCL) has invited former President Olusegun Obasanjo to tour its rehabilitated refineries following his public skepticism about the viability of the $2 billion invested in the facilities. Obasanjo, during a recent television interview, questioned the progress at the Port Harcourt and Warri refineries, citing historical challenges faced during his administration in efforts to revamp …

Barely a month after the commencement of operations at the 60,000-barrel-per-day-old Port Harcourt Refinery, the Nigerian National Petroleum Company Limited has announced that the 125,000-barrel-per-day Warri Refining & Petrochemicals Company in Warri, Delta State, is now operational. This was disclosed by the NNPCL Group Chief Executive Officer, Mele Kyari, during a tour of the facility on Monday. A video posted …

President Bola Tinubu has expressed his profound joy at the re-opening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited, describing it as another remarkable achievement in 2024 that has strengthened Nigerians’ hope in his administration. Today, the Warri Refinery returned to operation weeks after NNPC Limited restarted the 60,000 Barrels per day at the …