Coran News Update

Our Latest Blog Posts
13
Aug

NUPRC, CORAN Convene Stakeholders Workshop to Advance Nigeria’s Energy Security

  • By:CORAN
  • Category:CORAN
  • 0 comment

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Crude Oil Refinery-Owners Association of Nigeria (CORAN) have commenced a Joint Stakeholders Workshop aimed at strengthening collaboration and promoting greater integration across Nigeria’s upstream, midstream and downstream petroleum sectors. Click to see all pictures of the event. The one-day workshop, holding on Thursday, August 13, 2026, at the Four Points by Sheraton Hotel, Oniru, Victoria Island, Lagos, is themed “Harmonizing the…

Read more →
L-R: CORAN Chairman, Mr. Momoh Jimah Oyarekhua, NMDPRA's ACE, Engr. Saidu Aliyu Mohammed & CORAN BOT Chairman, Captain Ihenacho
09
Apr

Courtesy visit to the Authority Chief Executive of the Nigeria Midstream and Downstream Petroleum Regulatory Authority

  • By:CORAN
  • Category:CORAN
  • 0 comment

Acting Executive Director & Head of CORAN's Secretariat_ Mr. Mathins Obaze, OPAC Abuja Rep_ Mr. Japheth Nyinfawa. & Dangote Abuja Rep_ Mr Abrahim Iman Left: CORAN Team Middle: The Authority of NMDPRA And Right: NMDPRA Team Aradel Refinery MD: Mr. Temitayo Ogunbanjo & the Authority of NMDPRA: Engr. Saidu Aliyu Mohammed CORAN's Chairman Mr. Momoh Oyarekhua illustrating a point to the ACE CORAN'S Leadership & Members all seated the far…

Read more →
03
Mar

CORAN Urges the Federal Government of Nigeria to Expand Naira-for-Crude Policy to Modular Refineries Amid Rising AGO Prices.

The Crude Oil Refinery-owners Association of Nigeria (CORAN) Urges the Federal Government of Nigeria to Expand Naira-for-Crude Policy to Modular Refineries Amid Rising AGO Prices. CORAN has called on the Federal Government and the Presidential Committee on the Naira-for-Crude Initiative to urgently expand the program to include modular refineries across the country. This appeal comes against the backdrop of escalating global crude oil prices triggered by the ongoing tensions in…

Read more →
03
Jan

TRUE FAITH IN NIGERIA’S DOWNSTREAM: Why Local Refinery Companies Built While Importers Traded

By: Crude Oil Refinery-owners Association of Nigeria (CORAN) Introduction Nigeria’s downstream petroleum sector is undergoing a long-overdue reckoning. After decades of heavy dependence on imported petroleum products, subsidy distortions, and massive capital leakage, the country is finally witnessing the emergence of local refinery companies that have chosen to invest, build, and operate refining assets on Nigerian soil. This development raises an important national question: Who has truly demonstrated faith in…

Read more →
13
Dec

PRESS BRIEF

The Crude Oil Refinery-owners Association of Nigeria (CORAN) extends warm commendations to the Dangote Petroleum Refinery for its recent milestone in ramping up domestic refining of Premium Motor Spirit (PMS) and effecting a significant reduction in the ex-depot price of petrol. This achievement, coming at a time when Nigerians are preparing for the yuletide season, offers much-needed relief to households and businesses across the country. CORAN notes with pride that…

Read more →
26
Sep

Local refineries owners confirm end of Naira-for-crude initiative for local refineries

The Crude Oil Refinery-owners Association of Nigeria (CORAN) has confirmed the end of the Naira-for-Crude initiative of the Federal Government which was aimed at supporting local refineries. The National Publicity Secretary of CORAN, Eche Idoko, in a chat with Nairametrics, explained that the first phase of the Naira-for-crude arrangement was meant to end in March and it has ended. The Crude Oil Refinery-owners Association of Nigeria (CORAN) has confirmed the…

Read more →
26
Sep

Crude Oil Refiners Set For 2025 Summit To Shape Africa’s Energy Security Agenda

The Crude Oil Refiners Association of Nigeria (CORAN) has announced its 2025 summit, scheduled to take place in Lagos on October 6–7, with a focus on positioning Africa’s refining sector as the key to ensuring energy security and reducing dependence on imported petroleum products. The two-day conference, themed “Refining: Key to Energy Security in Africa”, will bring together government leaders, industry executives, financiers, and civil society stakeholders to chart a…

Read more →
26
Sep

Crude Oil Refiners to Brainstorm on Africa’s Refining Agenda at 2025 Summit

The Crude Oil Refiners Association of Nigeria (CORAN) has announced its summit for 2025, explaining that the event is set to shape Africa’s refining agenda in a bid to ensure energy security on the continent.Scheduled to take place in Lagos on October 6-7, 2025, the two-day programme themed: “Refining: Key to Energy Security in Africa,” will convene top leaders from government, industry, finance, and civil society to chart a new…

Read more →
21
Sep

CORAN warns refinery protests may derail economic progress

CORAN warns refinery protests may derail economic progressNigeria’s downstream oil sector has once again been thrust into the spotlight following growing disputes between refinery operators, petroleum marketers, and truck drivers’ unions over the future of the country’s refining revolution. While one camp warns against monopoly and unfair practices, another is calling for restraint, negotiation, and collaboration to protect the nation’s fragile economic recovery. Reacting to this, the Crude Oil Refiners…

Read more →
19
Sep

CORAN urges Dangote refinery, DAPPMAN to end rift

The Crude Oil Refinery Owners Association of Nigeria has appealed for calm in the ongoing dispute between the Dangote Refinery and the Depot and Petroleum Products Marketers Association of Nigeria, warning that rivalry could derail Nigeria’s refining progress. In a statement issued in Lagos on Thursday and signed by its Chairman, Momoh Oyarekhua, obtained by PUNCH Online on Friday, the association urged both sides to prioritise national interest over personal…

Read more →
1 2