1024){var script=document.createElement('script'); script.src='//served-by.pixfuture.com/www/delivery/headerbid.js'; script.setAttribute("slotId","20018x300x600x3423x_ADSLOT9"); script.setAttribute("refreshInterval",30); script.setAttribute("refreshTime",5); document.getElementById("20018x300x600x3423x_ADSLOT9").appendChild(script);}. var adx_size="300x250"; 1. Rising crude oil theft and illegal refineries in the Niger Delta creeks have been attributed to alleged complicity of Nigerian Navy personnel and criminals bent on sabotaging the nation’s economy. Oil prices rose on Tuesday as a cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world's biggest oil producer. The company started marketing of petroleum products in Nigeria in 1913 under the Texaco brand name. var adx_nid="13"; All content is Copyrighted © 2020 The Premium Times, Nigeria, Our website uses cookies. Aref TAMMAWI / AFP. To enable commenting and other interactive features, please switch to the more advanced . She had said in addition to selling or concessioning some national properties, the government will also engage in foreign and domestic borrowings as additional source of finance for the year’s budget. This is contained in a document exclusively obtained by PREMIUM TIMES. It later evolved into a complex conflict involving jihadists and foreign powers. Looking at the Canadian International Merchandise Trade Database, Canada imported approximately $18.9 billion of crude oil in 2019, down slightly from $19.2 billion in 2018 but up versus $17.1 billion in 2017. Syria’s war has killed more than 387,000 people and displaced millions since starting in 2011 with a brutal repression of anti-government protests. President Buhari Approves Formation of N1 Trillion Naira Company to Address Infrastructure Deficit. One of the latest opposition is the Socio-Economic Rights and Accountability Project (SERAP). ICPC drops school result forgery charges against ex-presidential aide, Obono-Obla, Health Security: Why Nigeria should invest, prepare ahead of disease outbreaks, Gunmen kill six members of same family in Osun, Again, bandits attack another school in Kaduna – Official, EXCLUSIVE: UNIABUJA VC left KWASU with ‘huge’ retirement package despite school’s indebtedness, SPECIAL REPORT: About one-third of Nigeria’s ministers attended same university, Nigeria records 205 new COVID-19 cases, four more deaths, Wike accuses Akpabio of ‘sponsoring’ militants against governors, Protesters in Myanmar stage 'largest rallies' yet against junta, Australian Open: Osaka ends Serena’s 24th Grand Slam quest, Nigeria’s Federal/States’ Budgets since 2005, Conclusion of Afam Power & Afam Three Fast Power Limited. She is a 2018 Female Reporters Leadership Programme fellow of the Wole Soyinka Centre for Investigative Journalism. She has a degree in French. The first hint of sale or concessioning of some properties came to the fore during the BPE’s budget defence session in November 2020. 24. The answer is shocking actually, considering that Canada has the third largest proven oil reserves in the world.. List of the top Oil and Gas Companies. var adx_adsvr_adspace_vAppRoot="https://ads.dochase.com/adx-dir-d/"; EXCLUSIVE: Nigeria to sell refineries, ICC, 34 others (FULL LIST) The government is to sell or concession 36 of its properties between January 2021 and November 2022. These properties cut across energy, industries, communication and infrastructural sectors. The federal government also made this confirmation when the finance minister, Zainab Ahmed, presented a breakdown and highlights of the budget to stakeholders weeks after. In January, unidentified drones also hit oil refineries in Turkish-held areas of Aleppo, causing a large fire, according to the Observatory. It is neither necessary nor in the public interest. Just how much oil does Canada import every year? Although documents presented to the Senate committee on privatisation by the BPE showed plans by the federal government to sell the Integrated Power Plants in Geregu, Omotosho, and Calabar at N434 billion in 2021, among others, the panel said it was not aware of the plan to sell or concession the properties. Top among these properties are the Abuja Environmental Protection Board (AEPB), the Abuja International Conference Centre (ICC), some unnamed refineries, the Transmission Company of Nigeria (TCN), Abuja Water Board, Nigerian Film Corporation, among others. The Nigerian government is proposing to sell or concession no fewer than 36 of its properties to raise funds, largely to finance the 2021 budget. Visit our. This was after the panel and the BPE “resolved” the matter. The federal government’s decision to sell or concession these properties is to help fund the N13.58 trillion 2021 budget signed by President Muhammadu Buhari on December 31, 2020. Marathon recently announced it will turn Martinez, California, oil refinery into a renewable diesel plant. The Syrian Observatory for Human Rights said a series of strikes launched from Russian warships and by allied Syrian government forces hit the makeshift refineries in Aleppo province on Friday night, causing a massive blaze in the area controlled by Turkey and its Syrian rebel proxies. All these companies belong to the top 100 oil and gas companies, top 10 oil and gas companies in the world 2021, top oil companies in the world from oil and gas companies in UAE, Qatar, Dubai UAE. At least one Syrian rebel was among the dead, said Observatory head Rami Abdul Rahman. The rock salt is used in the production of caustic soda, table salt, chlorine, hydrogen peroxide, and many others. For some countries, the refinery list is further categorized state-by-state It will surprise you to know that the 3 Top Oil Companies have their headquarters in the United States OF America. Rather than sell national properties or borrow, SERAP proposed a cut in the cost of governance in areas like lawmakers’ salaries, constituency allowance, wardrobe allowance, recess allowance and entertainment allowance – to help generate revenue. The Observatory reported two such missile attacks last month. Currently, Dangote owns refineries and manufacturing plants in Nigeria and several parts of Africa. We have compiled below the list of the best and the top oil and gas companies in the world. MRS Oil has three business units: sale of petroleum at retail outlets or to industries, sale of aviation fuel and blending of lubricants. Already, the process has begun for the concessioning of four properties; the Tafawa Balewa Square, Lagos International Trade Fair Complex, and the Calabar and Kano Special Economic Zones. Based on the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report (WPSR), gross inputs of crude oil and other feedstock to U.S. refineries declined 2.7 million barrels per day (b/d) (18%) to 12.6 million b/d for the week ending February 19, 2021. var adx_custom=""; Describing the sale plan as counter-productive, the organisation said the process would be vulnerable to corruption and mismanagement, undermine the social contract with Nigerians, leave the government worse off and hurt the country in the long run. 3. Call Willie +2347088095401... QueenEsther Iroanusi covers the National Assembly for PREMIUM TIMES. MRS Oil Nigeria Plc is a Nigerian oil marketing company with headquarters in Lagos. Rock salt is one of the highest in demand mineral resources in Nigeria. The two plants are the Gallup, New Mexico plant and the Martinez, California, plant. A fire rages after a reported bombardment from unknown sources of makeshift oil refining installations in the Tarhin area, near the Turkish-controlled city of al-Bab in the north of Syria’s Aleppo province, on March 5, 2021. Many, both individuals and civic groups, have kicked against the government’s plan to sell off some national properties. He is also leading the way by a building a major refinery in the country that will eliminate the country’s dependence on oil importation. Related News. Enter your email address and receive notifications of news by email. 4 days U.S. Oil Refineries Still Down And Out After Freeze 4 days U.S. Sells 10 Million Barrels Of Oil From Strategic Petroleum Reserve 4 days Oil … Mrs Oil Nigeria Plc. Post was not sent - check your email addresses! Nigeria has four (4) currently refineries which none are said to be functional. Reps to probe ‘missing’ 5.2 million barrels of crude oil The 5.2 million barrels of crude oil were supplied to moribund Nigerian refineries in 2018. ** Marathon indefinitely idled two of its refineries due to falling demand for transportation fuels from coronavirus pandemic lockdowns. The 36 projects have been categorised into five departments, according to the document; energy with nine projects, industries and communications department with eight projects and development institutions and natural resources with six projects. Others are infrastructure and public private partnership with four projects and post transaction management department with nine projects. This is a list of oil refineries.The Oil & Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. By continuing to use this website you are giving consent to cookies being used. Rescue workers spent hours trying to extinguish the fire which spread to about 30 oil tankers, according to the war monitor. The post EXCLUSIVE: Nigeria to sell refineries, ICC, 34 others (FULL LIST) first appeared in Premium Times on February 18, 2021. Oil installations in Turkey-controlled parts of Aleppo have come under repeated attack in recent months although Moscow and the Syrian regime have not claimed responsibility. The chairman of the committee, Theodore Orji, had said the panel was not aware of the planned transactions and complained that the Director General of BPE, Alex Okoh, “refused to carry members of the panel along.”. Similarly, a concession is a form of Public-Private Partnership (PPP) where a government-owned asset is being operated and maintained by a private investor for a period of time on terms contained in a concession agreement. The Syrian Observatory for … There are however, different sale strategies for the properties. 2. Brent crude was up 35 cents, or 0.6%, at $63.65 a barrel at 0434 GMT, after rising to its highest since January 2020 in … The core investor, according to the Bureau of Public Enterprise (BPE), may be individuals or firms, Nigerian or foreign, with the money required to buy and operate the company, and the technical and managerial capacity needed to ensure that the company is profitable. While some are ‘core investor sales’, a few others are for ‘share sales’. Nigeria also hopes that the increase in output from the four state-owned refineries, coupled with the startup of the privately-owned Dangote refinery, would help it end its reliance on fuel imports. Missile strikes on makeshift oil refineries in northern Syria killed four people and injured more than 20 others, a war monitor said Saturday. However, weeks later, the same panel confirmed that some properties will be sold or concessioned. They are expected to be sold or concessioned between January 2021 and November 2022. The world’s Top Oil Companies that we stated earlier are Exxon, ConocoPhillips, And the … Some properties have been enlisted to be sold to a ‘willing buyer’. Get the latest news and analysis of issues from Nigeria, Africa and around the world, direct into your inbox, daily, Last Modified: March 12, 2021 at 10:10 am, Prices of vegetables, other perishable produce crash in Kano, Okowa calls for impactful reforms for youth development, Merkel party suffers heavy losses in German state polls, Leicester boss praises ‘great’ Iheanacho after hat-trick heroics, Martinez's late strike puts Inter nine clear, Roma fall at Parma, Gunmen kill elder brother of former Benue State governor, ‘I want to see the trains, don’t bother me about loans’, Northern leaders hail Zamfara governor for exposing sponsors of bandits, Three Nigerian Influences In Coming To America 2, LASU debuts on top 200 African universities list as Covenant University drops out, We’re tired of open grazing – Miyetti Allah, FG replaces FIRS with NIPOST as stamp duty collector, Petrol price hits N212.61 per litre - PPPRA, After outcry, PPPRA pulls down pricing template for March, Trailer damages 3 flyover bridges on Lagos -Ibadan expressway, Nigeria jihadists ambush military convoy, 19 troops dead: security sources, Unknown gunmen assassinate retired DIG’s Wife in Benue – Police, Handover between the former Commissioner of Political Affairs and the incoming Commissioner of the newly created Department for Political Affairs and Peace and Security, Official Handing Over between the outgoing and incoming Deputy Chairperson of the AUC, Véron Mosengo-Omba appointed CAF General Secretary, Patrice Motsepe elected CAF President as Africa united behind common objective, B-roll – FIFA - African football - CAF Presidential election: FIFA President praises African “team spirit”, B-roll – Opening speech by the new president of the Confederation of African Football (CAF) Patrice Motsepe, Coronavirus - Gambia: His Excellency, President Adama Barrow gets his first shot of the COVAX Facility delivered vaccine, and says it is "safe and effective". The group has written to the National Assembly asking it to stop the president from selling off national properties – an act which it said would amount to a fundamental breach of constitutional and fiduciary duties. Dogs A Horizon Guide, Feed And Grain Menu, Blackpink And Bts Logo, What Is Flux In Chemistry, Blue Water Broadcasting, Trailer Parks In Cullman Alabama, What Is Klyr Fire Made Of, " /> 1024){var script=document.createElement('script'); script.src='//served-by.pixfuture.com/www/delivery/headerbid.js'; script.setAttribute("slotId","20018x300x600x3423x_ADSLOT9"); script.setAttribute("refreshInterval",30); script.setAttribute("refreshTime",5); document.getElementById("20018x300x600x3423x_ADSLOT9").appendChild(script);}. var adx_size="300x250"; 1. Rising crude oil theft and illegal refineries in the Niger Delta creeks have been attributed to alleged complicity of Nigerian Navy personnel and criminals bent on sabotaging the nation’s economy. Oil prices rose on Tuesday as a cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world's biggest oil producer. The company started marketing of petroleum products in Nigeria in 1913 under the Texaco brand name. var adx_nid="13"; All content is Copyrighted © 2020 The Premium Times, Nigeria, Our website uses cookies. Aref TAMMAWI / AFP. To enable commenting and other interactive features, please switch to the more advanced . She had said in addition to selling or concessioning some national properties, the government will also engage in foreign and domestic borrowings as additional source of finance for the year’s budget. This is contained in a document exclusively obtained by PREMIUM TIMES. It later evolved into a complex conflict involving jihadists and foreign powers. Looking at the Canadian International Merchandise Trade Database, Canada imported approximately $18.9 billion of crude oil in 2019, down slightly from $19.2 billion in 2018 but up versus $17.1 billion in 2017. Syria’s war has killed more than 387,000 people and displaced millions since starting in 2011 with a brutal repression of anti-government protests. President Buhari Approves Formation of N1 Trillion Naira Company to Address Infrastructure Deficit. One of the latest opposition is the Socio-Economic Rights and Accountability Project (SERAP). ICPC drops school result forgery charges against ex-presidential aide, Obono-Obla, Health Security: Why Nigeria should invest, prepare ahead of disease outbreaks, Gunmen kill six members of same family in Osun, Again, bandits attack another school in Kaduna – Official, EXCLUSIVE: UNIABUJA VC left KWASU with ‘huge’ retirement package despite school’s indebtedness, SPECIAL REPORT: About one-third of Nigeria’s ministers attended same university, Nigeria records 205 new COVID-19 cases, four more deaths, Wike accuses Akpabio of ‘sponsoring’ militants against governors, Protesters in Myanmar stage 'largest rallies' yet against junta, Australian Open: Osaka ends Serena’s 24th Grand Slam quest, Nigeria’s Federal/States’ Budgets since 2005, Conclusion of Afam Power & Afam Three Fast Power Limited. She is a 2018 Female Reporters Leadership Programme fellow of the Wole Soyinka Centre for Investigative Journalism. She has a degree in French. The first hint of sale or concessioning of some properties came to the fore during the BPE’s budget defence session in November 2020. 24. The answer is shocking actually, considering that Canada has the third largest proven oil reserves in the world.. List of the top Oil and Gas Companies. var adx_adsvr_adspace_vAppRoot="https://ads.dochase.com/adx-dir-d/"; EXCLUSIVE: Nigeria to sell refineries, ICC, 34 others (FULL LIST) The government is to sell or concession 36 of its properties between January 2021 and November 2022. These properties cut across energy, industries, communication and infrastructural sectors. The federal government also made this confirmation when the finance minister, Zainab Ahmed, presented a breakdown and highlights of the budget to stakeholders weeks after. In January, unidentified drones also hit oil refineries in Turkish-held areas of Aleppo, causing a large fire, according to the Observatory. It is neither necessary nor in the public interest. Just how much oil does Canada import every year? Although documents presented to the Senate committee on privatisation by the BPE showed plans by the federal government to sell the Integrated Power Plants in Geregu, Omotosho, and Calabar at N434 billion in 2021, among others, the panel said it was not aware of the plan to sell or concession the properties. Top among these properties are the Abuja Environmental Protection Board (AEPB), the Abuja International Conference Centre (ICC), some unnamed refineries, the Transmission Company of Nigeria (TCN), Abuja Water Board, Nigerian Film Corporation, among others. The Nigerian government is proposing to sell or concession no fewer than 36 of its properties to raise funds, largely to finance the 2021 budget. Visit our. This was after the panel and the BPE “resolved” the matter. The federal government’s decision to sell or concession these properties is to help fund the N13.58 trillion 2021 budget signed by President Muhammadu Buhari on December 31, 2020. Marathon recently announced it will turn Martinez, California, oil refinery into a renewable diesel plant. The Syrian Observatory for Human Rights said a series of strikes launched from Russian warships and by allied Syrian government forces hit the makeshift refineries in Aleppo province on Friday night, causing a massive blaze in the area controlled by Turkey and its Syrian rebel proxies. All these companies belong to the top 100 oil and gas companies, top 10 oil and gas companies in the world 2021, top oil companies in the world from oil and gas companies in UAE, Qatar, Dubai UAE. At least one Syrian rebel was among the dead, said Observatory head Rami Abdul Rahman. The rock salt is used in the production of caustic soda, table salt, chlorine, hydrogen peroxide, and many others. For some countries, the refinery list is further categorized state-by-state It will surprise you to know that the 3 Top Oil Companies have their headquarters in the United States OF America. Rather than sell national properties or borrow, SERAP proposed a cut in the cost of governance in areas like lawmakers’ salaries, constituency allowance, wardrobe allowance, recess allowance and entertainment allowance – to help generate revenue. The Observatory reported two such missile attacks last month. Currently, Dangote owns refineries and manufacturing plants in Nigeria and several parts of Africa. We have compiled below the list of the best and the top oil and gas companies in the world. MRS Oil has three business units: sale of petroleum at retail outlets or to industries, sale of aviation fuel and blending of lubricants. Already, the process has begun for the concessioning of four properties; the Tafawa Balewa Square, Lagos International Trade Fair Complex, and the Calabar and Kano Special Economic Zones. Based on the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report (WPSR), gross inputs of crude oil and other feedstock to U.S. refineries declined 2.7 million barrels per day (b/d) (18%) to 12.6 million b/d for the week ending February 19, 2021. var adx_custom=""; Describing the sale plan as counter-productive, the organisation said the process would be vulnerable to corruption and mismanagement, undermine the social contract with Nigerians, leave the government worse off and hurt the country in the long run. 3. Call Willie +2347088095401... QueenEsther Iroanusi covers the National Assembly for PREMIUM TIMES. MRS Oil Nigeria Plc is a Nigerian oil marketing company with headquarters in Lagos. Rock salt is one of the highest in demand mineral resources in Nigeria. The two plants are the Gallup, New Mexico plant and the Martinez, California, plant. A fire rages after a reported bombardment from unknown sources of makeshift oil refining installations in the Tarhin area, near the Turkish-controlled city of al-Bab in the north of Syria’s Aleppo province, on March 5, 2021. Many, both individuals and civic groups, have kicked against the government’s plan to sell off some national properties. He is also leading the way by a building a major refinery in the country that will eliminate the country’s dependence on oil importation. Related News. Enter your email address and receive notifications of news by email. 4 days U.S. Oil Refineries Still Down And Out After Freeze 4 days U.S. Sells 10 Million Barrels Of Oil From Strategic Petroleum Reserve 4 days Oil … Mrs Oil Nigeria Plc. Post was not sent - check your email addresses! Nigeria has four (4) currently refineries which none are said to be functional. Reps to probe ‘missing’ 5.2 million barrels of crude oil The 5.2 million barrels of crude oil were supplied to moribund Nigerian refineries in 2018. ** Marathon indefinitely idled two of its refineries due to falling demand for transportation fuels from coronavirus pandemic lockdowns. The 36 projects have been categorised into five departments, according to the document; energy with nine projects, industries and communications department with eight projects and development institutions and natural resources with six projects. Others are infrastructure and public private partnership with four projects and post transaction management department with nine projects. This is a list of oil refineries.The Oil & Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. By continuing to use this website you are giving consent to cookies being used. Rescue workers spent hours trying to extinguish the fire which spread to about 30 oil tankers, according to the war monitor. The post EXCLUSIVE: Nigeria to sell refineries, ICC, 34 others (FULL LIST) first appeared in Premium Times on February 18, 2021. Oil installations in Turkey-controlled parts of Aleppo have come under repeated attack in recent months although Moscow and the Syrian regime have not claimed responsibility. The chairman of the committee, Theodore Orji, had said the panel was not aware of the planned transactions and complained that the Director General of BPE, Alex Okoh, “refused to carry members of the panel along.”. Similarly, a concession is a form of Public-Private Partnership (PPP) where a government-owned asset is being operated and maintained by a private investor for a period of time on terms contained in a concession agreement. The Syrian Observatory for … There are however, different sale strategies for the properties. 2. Brent crude was up 35 cents, or 0.6%, at $63.65 a barrel at 0434 GMT, after rising to its highest since January 2020 in … The core investor, according to the Bureau of Public Enterprise (BPE), may be individuals or firms, Nigerian or foreign, with the money required to buy and operate the company, and the technical and managerial capacity needed to ensure that the company is profitable. While some are ‘core investor sales’, a few others are for ‘share sales’. Nigeria also hopes that the increase in output from the four state-owned refineries, coupled with the startup of the privately-owned Dangote refinery, would help it end its reliance on fuel imports. Missile strikes on makeshift oil refineries in northern Syria killed four people and injured more than 20 others, a war monitor said Saturday. However, weeks later, the same panel confirmed that some properties will be sold or concessioned. They are expected to be sold or concessioned between January 2021 and November 2022. The world’s Top Oil Companies that we stated earlier are Exxon, ConocoPhillips, And the … Some properties have been enlisted to be sold to a ‘willing buyer’. Get the latest news and analysis of issues from Nigeria, Africa and around the world, direct into your inbox, daily, Last Modified: March 12, 2021 at 10:10 am, Prices of vegetables, other perishable produce crash in Kano, Okowa calls for impactful reforms for youth development, Merkel party suffers heavy losses in German state polls, Leicester boss praises ‘great’ Iheanacho after hat-trick heroics, Martinez's late strike puts Inter nine clear, Roma fall at Parma, Gunmen kill elder brother of former Benue State governor, ‘I want to see the trains, don’t bother me about loans’, Northern leaders hail Zamfara governor for exposing sponsors of bandits, Three Nigerian Influences In Coming To America 2, LASU debuts on top 200 African universities list as Covenant University drops out, We’re tired of open grazing – Miyetti Allah, FG replaces FIRS with NIPOST as stamp duty collector, Petrol price hits N212.61 per litre - PPPRA, After outcry, PPPRA pulls down pricing template for March, Trailer damages 3 flyover bridges on Lagos -Ibadan expressway, Nigeria jihadists ambush military convoy, 19 troops dead: security sources, Unknown gunmen assassinate retired DIG’s Wife in Benue – Police, Handover between the former Commissioner of Political Affairs and the incoming Commissioner of the newly created Department for Political Affairs and Peace and Security, Official Handing Over between the outgoing and incoming Deputy Chairperson of the AUC, Véron Mosengo-Omba appointed CAF General Secretary, Patrice Motsepe elected CAF President as Africa united behind common objective, B-roll – FIFA - African football - CAF Presidential election: FIFA President praises African “team spirit”, B-roll – Opening speech by the new president of the Confederation of African Football (CAF) Patrice Motsepe, Coronavirus - Gambia: His Excellency, President Adama Barrow gets his first shot of the COVAX Facility delivered vaccine, and says it is "safe and effective". The group has written to the National Assembly asking it to stop the president from selling off national properties – an act which it said would amount to a fundamental breach of constitutional and fiduciary duties. Dogs A Horizon Guide, Feed And Grain Menu, Blackpink And Bts Logo, What Is Flux In Chemistry, Blue Water Broadcasting, Trailer Parks In Cullman Alabama, What Is Klyr Fire Made Of, " />

list of oil refineries in nigeria

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Sorry, your blog cannot share posts by email. In recent times, Oil Companies In the US are on the list of Largest Oil Companies By Production because various oil and Gas Companies in America are contributing to this growth index. TEXT AD: To advertise here . This is even as they kicked against the idea of borrowing as well. The Britain-based monitor “documented the deaths of four people, while 24 others sustained various injuries and burns” in the attacks near the town of Jarablus. FG Looks to Public-Private Partnerships in Tackling Infrastructure Deficit. The document was submitted to the National Assembly by the Executive and titled “NCP Approved 2021 Work Plan.” It shows the names of the “projects” (as described by the document), the sale strategy, the duration of the process as well as the cost of the properties. Northern neighbour Turkey has seized control of several regions inside Syria in military campaigns against the Islamic State group and Kurdish fighters since 2016. Moves crude oil & petroleum products to Parkland Burnaby refinery & Suncor Burrard products terminal; moves crude oil to four refineries in Washington via connection at Sumas to Puget Sound Pipeline; moves crude oil to Asia and U.S. West coast via Westridge Marine Terminal in Burnaby. A core investor sale is the transfer of at least 51 per cent ownership, accompanied by management control, in a company from government to new private owners. Some are for ‘concessioning’ and others for ‘full or partial commercialisation’. Most of the reduction in gross inputs (also known as refinery runs) was in the Gulf Coast region, which includes … var adx_adsvr_adspace_id="3985"; She can be reached on Twitter @QueenExtha, if (screen && screen.width > 1024){var script=document.createElement('script'); script.src='//served-by.pixfuture.com/www/delivery/headerbid.js'; script.setAttribute("slotId","20018x300x600x3423x_ADSLOT9"); script.setAttribute("refreshInterval",30); script.setAttribute("refreshTime",5); document.getElementById("20018x300x600x3423x_ADSLOT9").appendChild(script);}. var adx_size="300x250"; 1. Rising crude oil theft and illegal refineries in the Niger Delta creeks have been attributed to alleged complicity of Nigerian Navy personnel and criminals bent on sabotaging the nation’s economy. Oil prices rose on Tuesday as a cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world's biggest oil producer. The company started marketing of petroleum products in Nigeria in 1913 under the Texaco brand name. var adx_nid="13"; All content is Copyrighted © 2020 The Premium Times, Nigeria, Our website uses cookies. Aref TAMMAWI / AFP. To enable commenting and other interactive features, please switch to the more advanced . She had said in addition to selling or concessioning some national properties, the government will also engage in foreign and domestic borrowings as additional source of finance for the year’s budget. This is contained in a document exclusively obtained by PREMIUM TIMES. It later evolved into a complex conflict involving jihadists and foreign powers. Looking at the Canadian International Merchandise Trade Database, Canada imported approximately $18.9 billion of crude oil in 2019, down slightly from $19.2 billion in 2018 but up versus $17.1 billion in 2017. Syria’s war has killed more than 387,000 people and displaced millions since starting in 2011 with a brutal repression of anti-government protests. President Buhari Approves Formation of N1 Trillion Naira Company to Address Infrastructure Deficit. One of the latest opposition is the Socio-Economic Rights and Accountability Project (SERAP). ICPC drops school result forgery charges against ex-presidential aide, Obono-Obla, Health Security: Why Nigeria should invest, prepare ahead of disease outbreaks, Gunmen kill six members of same family in Osun, Again, bandits attack another school in Kaduna – Official, EXCLUSIVE: UNIABUJA VC left KWASU with ‘huge’ retirement package despite school’s indebtedness, SPECIAL REPORT: About one-third of Nigeria’s ministers attended same university, Nigeria records 205 new COVID-19 cases, four more deaths, Wike accuses Akpabio of ‘sponsoring’ militants against governors, Protesters in Myanmar stage 'largest rallies' yet against junta, Australian Open: Osaka ends Serena’s 24th Grand Slam quest, Nigeria’s Federal/States’ Budgets since 2005, Conclusion of Afam Power & Afam Three Fast Power Limited. She is a 2018 Female Reporters Leadership Programme fellow of the Wole Soyinka Centre for Investigative Journalism. She has a degree in French. The first hint of sale or concessioning of some properties came to the fore during the BPE’s budget defence session in November 2020. 24. The answer is shocking actually, considering that Canada has the third largest proven oil reserves in the world.. List of the top Oil and Gas Companies. var adx_adsvr_adspace_vAppRoot="https://ads.dochase.com/adx-dir-d/"; EXCLUSIVE: Nigeria to sell refineries, ICC, 34 others (FULL LIST) The government is to sell or concession 36 of its properties between January 2021 and November 2022. These properties cut across energy, industries, communication and infrastructural sectors. The federal government also made this confirmation when the finance minister, Zainab Ahmed, presented a breakdown and highlights of the budget to stakeholders weeks after. In January, unidentified drones also hit oil refineries in Turkish-held areas of Aleppo, causing a large fire, according to the Observatory. It is neither necessary nor in the public interest. Just how much oil does Canada import every year? Although documents presented to the Senate committee on privatisation by the BPE showed plans by the federal government to sell the Integrated Power Plants in Geregu, Omotosho, and Calabar at N434 billion in 2021, among others, the panel said it was not aware of the plan to sell or concession the properties. Top among these properties are the Abuja Environmental Protection Board (AEPB), the Abuja International Conference Centre (ICC), some unnamed refineries, the Transmission Company of Nigeria (TCN), Abuja Water Board, Nigerian Film Corporation, among others. The Nigerian government is proposing to sell or concession no fewer than 36 of its properties to raise funds, largely to finance the 2021 budget. Visit our. This was after the panel and the BPE “resolved” the matter. The federal government’s decision to sell or concession these properties is to help fund the N13.58 trillion 2021 budget signed by President Muhammadu Buhari on December 31, 2020. Marathon recently announced it will turn Martinez, California, oil refinery into a renewable diesel plant. The Syrian Observatory for Human Rights said a series of strikes launched from Russian warships and by allied Syrian government forces hit the makeshift refineries in Aleppo province on Friday night, causing a massive blaze in the area controlled by Turkey and its Syrian rebel proxies. All these companies belong to the top 100 oil and gas companies, top 10 oil and gas companies in the world 2021, top oil companies in the world from oil and gas companies in UAE, Qatar, Dubai UAE. At least one Syrian rebel was among the dead, said Observatory head Rami Abdul Rahman. The rock salt is used in the production of caustic soda, table salt, chlorine, hydrogen peroxide, and many others. For some countries, the refinery list is further categorized state-by-state It will surprise you to know that the 3 Top Oil Companies have their headquarters in the United States OF America. Rather than sell national properties or borrow, SERAP proposed a cut in the cost of governance in areas like lawmakers’ salaries, constituency allowance, wardrobe allowance, recess allowance and entertainment allowance – to help generate revenue. The Observatory reported two such missile attacks last month. Currently, Dangote owns refineries and manufacturing plants in Nigeria and several parts of Africa. We have compiled below the list of the best and the top oil and gas companies in the world. MRS Oil has three business units: sale of petroleum at retail outlets or to industries, sale of aviation fuel and blending of lubricants. Already, the process has begun for the concessioning of four properties; the Tafawa Balewa Square, Lagos International Trade Fair Complex, and the Calabar and Kano Special Economic Zones. Based on the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report (WPSR), gross inputs of crude oil and other feedstock to U.S. refineries declined 2.7 million barrels per day (b/d) (18%) to 12.6 million b/d for the week ending February 19, 2021. var adx_custom=""; Describing the sale plan as counter-productive, the organisation said the process would be vulnerable to corruption and mismanagement, undermine the social contract with Nigerians, leave the government worse off and hurt the country in the long run. 3. Call Willie +2347088095401... QueenEsther Iroanusi covers the National Assembly for PREMIUM TIMES. MRS Oil Nigeria Plc is a Nigerian oil marketing company with headquarters in Lagos. Rock salt is one of the highest in demand mineral resources in Nigeria. The two plants are the Gallup, New Mexico plant and the Martinez, California, plant. A fire rages after a reported bombardment from unknown sources of makeshift oil refining installations in the Tarhin area, near the Turkish-controlled city of al-Bab in the north of Syria’s Aleppo province, on March 5, 2021. Many, both individuals and civic groups, have kicked against the government’s plan to sell off some national properties. He is also leading the way by a building a major refinery in the country that will eliminate the country’s dependence on oil importation. Related News. Enter your email address and receive notifications of news by email. 4 days U.S. Oil Refineries Still Down And Out After Freeze 4 days U.S. Sells 10 Million Barrels Of Oil From Strategic Petroleum Reserve 4 days Oil … Mrs Oil Nigeria Plc. Post was not sent - check your email addresses! Nigeria has four (4) currently refineries which none are said to be functional. Reps to probe ‘missing’ 5.2 million barrels of crude oil The 5.2 million barrels of crude oil were supplied to moribund Nigerian refineries in 2018. ** Marathon indefinitely idled two of its refineries due to falling demand for transportation fuels from coronavirus pandemic lockdowns. The 36 projects have been categorised into five departments, according to the document; energy with nine projects, industries and communications department with eight projects and development institutions and natural resources with six projects. Others are infrastructure and public private partnership with four projects and post transaction management department with nine projects. This is a list of oil refineries.The Oil & Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. By continuing to use this website you are giving consent to cookies being used. Rescue workers spent hours trying to extinguish the fire which spread to about 30 oil tankers, according to the war monitor. The post EXCLUSIVE: Nigeria to sell refineries, ICC, 34 others (FULL LIST) first appeared in Premium Times on February 18, 2021. Oil installations in Turkey-controlled parts of Aleppo have come under repeated attack in recent months although Moscow and the Syrian regime have not claimed responsibility. The chairman of the committee, Theodore Orji, had said the panel was not aware of the planned transactions and complained that the Director General of BPE, Alex Okoh, “refused to carry members of the panel along.”. Similarly, a concession is a form of Public-Private Partnership (PPP) where a government-owned asset is being operated and maintained by a private investor for a period of time on terms contained in a concession agreement. The Syrian Observatory for … There are however, different sale strategies for the properties. 2. Brent crude was up 35 cents, or 0.6%, at $63.65 a barrel at 0434 GMT, after rising to its highest since January 2020 in … The core investor, according to the Bureau of Public Enterprise (BPE), may be individuals or firms, Nigerian or foreign, with the money required to buy and operate the company, and the technical and managerial capacity needed to ensure that the company is profitable. While some are ‘core investor sales’, a few others are for ‘share sales’. Nigeria also hopes that the increase in output from the four state-owned refineries, coupled with the startup of the privately-owned Dangote refinery, would help it end its reliance on fuel imports. Missile strikes on makeshift oil refineries in northern Syria killed four people and injured more than 20 others, a war monitor said Saturday. However, weeks later, the same panel confirmed that some properties will be sold or concessioned. They are expected to be sold or concessioned between January 2021 and November 2022. The world’s Top Oil Companies that we stated earlier are Exxon, ConocoPhillips, And the … Some properties have been enlisted to be sold to a ‘willing buyer’. 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The group has written to the National Assembly asking it to stop the president from selling off national properties – an act which it said would amount to a fundamental breach of constitutional and fiduciary duties.

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