Page 9 - Warri Refining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Refineries Photo:Pixabay Concerns have been raised over huge funds being spent on Nigeria’s moribund refineries while generating minimal revenues for the nation. At a workshop yesterday tagged: ‘Open data and advocacy in the Nigeria Extractive sector’, Civil Society Organisations (CSO) urged the executive and legislative arms of government to tighten oversight on the operations of the NNPC and its subsidiaries to ensure efficient and profitable service delivery.    The CSOs called for a state of emergency on the nation’s three refineries and a complete overhaul to ensure accounta...

Share The House of Representatives on Wednesday expressed grave concern over the controversy trailing the resuscitation of fuel subsidy on Premium Motor Spirit (PMS) as well as allegation bothering on the diversion of crude oil at Warri Refinery, in Delta State. The House in-session who expressed displeasure over the myriad of challenges facing the shutdown of the dyfunctionality of the domestic refineries, mandated its Committee on Petroleum Resources (Upstream) to investigate the activities of Nigerian National Petroleum Corporation (NNPC) on the operations of the haulage challenges, inadeq...

Reps probe alleged diversion of crude oil at Warri refinery On By Levinus Nwabughiogu, Abuja House of Representatives, Wednesday mandated its Committee on Petroleum (Upstream) to investigate an alleged diversion of crude oil meant for refining at Warri refining and petrochemical company in Delta State. The Committee would also probe why the Nigerian National Petroleum Corporation, NNPC has allegedly failed, refused and or neglected to address the haulage challenges viz-a-viz inadequate storage tanks affecting the refining and petrochemical company to forestall the frequent shutting down of t...

Okowa harps on sustained provision of infrastructure for Deltans Okowa harps on sustained provision of infrastructure for Deltans Share Delta State governor, Senator Ifeanyi Okowa, has reinstated his administration’s determination in the provision of infrastructure for the people of the state. Okowa emphasised this, on Tuesday, during the inauguration of the Ighogbadu Secondary School in the Okere-Urhobo Kingdom, Warri South Local Government Area of the state. The governor said that the 13 classroom block with other learning facilities would help the children in their studies. “No amount...

Translate Home » News » How NNPC cuts losses in four refineries by 53% to N85.75bn in 10 months How NNPC cuts losses in four refineries by 53% to N85.75bn in 10 months On By  Obas Esiedesa THE Nigerian National Petroleum Corporation, NNPC, has cut down losses by 53 per cent in the first 10 months of 2020, due to none production in the nation’s four refineries, according to data obtained from its October 2020 Monthly Financial and Operations Report, MFOR. The data, obtained by Energy Vanguard, showed that the Operational Expenses, OPEX, stood at N85.75 billion in the ...