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Refining

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Domestic refiners undersubscribe allocated Q1 crude oil feedstock

Ziggy Ojiegbe Refiners in Nigeria’s emerging downstream sector declined to purchase a significant portion of crude oil allocated to them in the first quarter of 2026, despite increased supply from producers, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)….

OTL: Import based fuel supply hampers African economy

The inability of African countries to develop commensurate refining capacity to meet internal fuel consumption is responsible for the myriad of economic woes associated with reliance of mass importation of petroleum products. Women in Energy Network and other industry groups…