Last Month, Dangote Refinery cancelled the sale of its product in naira, citing a mismatch with its crude purchase obligations. ... This has contributed to limiting the company’s ability to allocate the needed volume of crude to local refineries.
... urging its GroupChief Executive Officer, MeleKolo Kyari, to account for an alleged missing N825 billion and $2.5 billion reportedly allocated for refinery rehabilitation and other oil revenues.
Off-season maintenance and investment to the value of R460 million was undertaken over the past few months across the company’s Maidstone, Amatikulu, and Felixton mills along with its central refinery in Durban and the Voermol animal feeds facility.
In recent years, former PresidentBiden’s administration granted the authorizations to secure Venezuelan oil for refineries from Spain to India as exceptions to the US sanction regime on the South American country.
•210,000 bpd Port Harcourt refinery allocated three cargoes of crude in April-May ... Also, Nigeria’s 210,000 bpd Port Harcourt refinery has been allocated three cargoes of domestic light sweet crude ...
AMMAN — The Board of Directors of the Jordan Petroleum Refinery Company (JPRC) has allocated a corporate social responsibility initiative to support the health and education sectors over the next ...