Browsing Tag
oil refineries
2 posts
Analysis: Nigeria’s oil refineries ended Q4 2020 with ₦19.7bn operating deficit without processing crude oil
More than 445,000 barrels of combined daily oil-processing capacity has been cut in the wake of Nigeria’s idle…
The Struggle to Keep Nigeria’s Oil Refineries Operating Profitably
Nigeria’s oil refining capacity utilization in 2019 declined a whopping 12.5% below their 2018 levels. The country’s petroleum…