The Nigerian National Petroleum Company Limited has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant. Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, made the announcement during a company-wide town hall meeting at the NNPC Towers in Abuja, ending […]
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that a scheduled maintenance shutdown of the Port Harcourt Refining Company (PHRC) is scheduled to commence on May 24, 2025. In a statement released by the Chief Corporate Communications Officer, Femi Soneye, the NNPC said the shutdown is part of a planned maintenance and sustainability […]
The new rates according to the Africa’s largest refinery now ranges from N875 to N905 per litre, marking a N15 reduction per litre. The new price regime was announced by the refinery via its official social media handle earlier today. It stated that this applies to all major fuel marketers in partnership with the refinery, […]
The Petroleum Products Retail Outlets Owners Association of Nigeria has lauded the Federal Government under the watch of President Bola Tinubu and the management of the Nigerian National Petroleum Company Limited for reportedly running the revamped Port Harcourt refinery for 180 days non-stop. The refinery, which had been dormant for over 20 years, was revamped […]
PHRC has two plants including the 60,000bpd facility, and the 150,000bpd plant. Onanuga who also said the 60,000bpd refinery is operating at 70 per cent of installed capacity and plans to increase production shortly added that the refinery receives regular crude oil contrary to claims of lacking the product. He disclosed this after joining a […]
The Port Harcourt Refining Company Ltd in Rivers State has commenced crude oil processing.