General News

The Chairman, OPAC Refineries and Executive Chairman of CORAN, alongside the Board Chairman of CORAN and other members of the Association, paid a courtesy visit to the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on 22 April 2026 in Abuja.The engagement provided a strategic platform to advance discussions on strengthening Nigeria’s domestic … Read more

Mr. Momoh Oyarekhua, Chairman of the Crude Oil Refinery Owners Association of Nigeria (CORAN) and OPAC Refineries, participated at the Nigeria International Energy Summit (NIES) 2026, held under the theme “Energy for Peace and Prosperity: Securing Our Shared Future.” Speaking on the panel which focused on Driving Domestic Value: Transforming Downstream Markets & Refining, Mr. … Read more

Mr. Oyarekhua in his interview with Arise TV, explains that with the commissioning of the Dangote Refinery and the modular refineries such as OPAC Refinery, Waltersmith, Aradel, Edo Refinery, the pressure on foreign exchange has been eased, as less forex is now spent importing refined petroleum products. According to him, the more Nigeria refines locally, … Read more

Mr. Momoh Oyarekhua, Chairman of OPAC Refineries, delivered the opening speech at the maiden summit of the Crude Oil Refinery Owners Association of Nigeria (CORAN) in 2024. In his address, Oyarekhua emphasized the urgent need for Nigeria to transition from being an importer to a net exporter of petroleum products. He outlined the historical evolution … Read more

The CORAN Summit dinner, held on Monday, 7th October 2024, was a significant event. Our Chairman, Mr. Momoh Oyarekhua, who hosted the occasion, delivered a compelling welcome address. In his speech, he emphasized the importance of Nigeria’s goal to become a net exporter of petroleum products.  Mr. Oyarekhua also expressed his gratitude for the support … Read more

Can you introduce OPAC Refineries to our audience?  OPAC Refineries is a modular refinery in Nigeria, promoted by our parent company, OMSA Integrated Services Limited, with the core mission to refine crude oil and supply clean fuels in Nigeria and Sub-Saharan Africa. We started our 10,000 bpd proof-of-concept project in 2017, with the plan to … Read more

In a significant gesture of corporate social responsibility (CSR), OPAC Refineries recently organized a transformative medical outreach program for the host communities of Umuseti Ogbe, situated in the Ndokwa West Local Government Area of Delta State. Over three days, more than 2,000 individuals benefited from free eye screenings and cataract surgeries, marking a pivotal moment … Read more

Mr. Oyarekhua highlighted the obstacles encountered in the implementation of the Domestic Crude Supply Obligation (DCSO), where the association has been actively engaging with regulators to ensure the full implementation of the DCSO as stipulated by the Petroleum Industry Act (PIA) in Sec 109. This law was specific for local refineries not to be starved … Read more

Inadequate Crude Supply to Nigerian Refineries Hinders Development, Says CORAN Chairman The Chairman of the Crude Oil Refineries Owners Association of Nigeria, Mr. Momoh Oyarekhua, recently discussed the challenges faced by the local refinery owners in Nigeria during an appearance on the business morning program on Channels TV. Mr. Oyarekhua highlighted the obstacles encountered in … Read more

Senator Prince Ned Munir Nwoko, the Vice Chairman on Environment and representative of the Delta North Senatorial District, visited the OPAC Refinery on Monday, June 3, 2024. Accompanied by his team, Senator Nwoko received a warm welcome from the OPAC management team, led by the Managing Director, Alexander Novikov, and community representatives from Umuseti and … Read more