Blast at illegal Nigerian oil refinery kills 37 people
0:51
Blast at illegal Nigerian oil refinery kills 37 people
Oct 3, 2023
ReutersTife Owolabi
Nigeria’s local oil refineries struggling for crude supply Despite Nigeria's oil production surpassing 1.5 million barrels per day, many of the country’s local refineries remain almost inactive. Operators report that they have yet to receive crude from local oil companies, leaving refineries in a state of underutilization and hindering the country’s refining capacity. | CGTN Africa
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Nigerian oil spills agency investigates pipeline leak in Niger Delta: Local communities reported the incident to the Shell Petroleum Development Company of Nigeria Ltd and the Nigerian Oil Spill Detection and Response Agency. The Niger Delta region has for decades suffered from oil spills with Shell facing legal battles for many of those leaks. | CGTN Africa
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Illegal Nigerian oil refinery blast kills at least 37 people
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Nigeria’s oil sector jumped by 20% in Q2 2025, but the big question remains: how sustainable is this growth? While production gains and reduced oil theft are positives, global oil price volatility is an external shock Nigeria cannot control. Sustained growth will depend on how well we manage volume, refining, and international trade dynamics. 🎥 Watch the full breakdown on EMM https://youtu.be/BxsERoQN2Mc | Nairametrics
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