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Latest News for: Refinery allocation

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NNPCL: Arduous Tasks Ahead of Ojulari 

This Day 08 Apr 2025
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.
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Spotlight on SERAP’s Unyielding Battle in Exposing Corruption, Demanding Public Accountability

This Day 02 Apr 2025
... urging its Group Chief Executive Officer, Mele Kolo Kyari, to account for an alleged missing N825 billion and $2.5 billion reportedly allocated for refinery rehabilitation and other oil revenues.
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Tongaat Hulett's business rescue: New investors secure credit approval

Independent online (SA) 02 Apr 2025
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.
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US to revoke authorizations to foreign partners of Venezuela’s PDVSA, sources say

New York Post 31 Mar 2025
In recent years, former President Biden’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.
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Nigeria Expands Crude Oil Supply to Europe with Medium Sweet Obodo Blend

This Day 28 Mar 2025
•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 ...
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JPRC commits 5% of annual profits to support health, education

The Jordan Times 27 Mar 2025
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 ...
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