Friday, March 5, 2021
MARKET UPDATE
Advertisement

TheCable

Advertisement

Tag "Refinery"

NNPC seeks $1bn oil prepayment deal to revamp Port Harcourt refinery

    NNPC seeks $1bn oil prepayment deal to revamp Port Harcourt refinery

The Nigerian National Petroleum Corporation (NNPC) is seeking a $1 billion oil prepayment deal to revamp its moribund Port Harcourt refinery. According to Reuters, once the refurbishment is completed, the

0 comment Read Full Article

Seplat signs crude purchase agreement with Waltersmith modular refinery

    Seplat signs crude purchase agreement with Waltersmith modular refinery

Seplat Petroleum Development Company Plc has signed a crude purchase agreement (CPA) with Waltersmith Petroman Oil Limited. Edith Onwuchekwa, Seplat company secretary, announced the deal in a statement on Tuesday.

0 comment Read Full Article

NNPC GMD: Why we deliberately shut down refineries

    NNPC GMD: Why we deliberately shut down refineries

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the nation’s refineries were deliberately shut down because operations were no longer sustainable. He disclosed this when

0 comment Read Full Article

Osinbajo: Refineries will keep having the same problem if left to government

    Osinbajo: Refineries will keep having the same problem if left to government

Vice President Yemi Osinbajo says the refineries will keep having the same problems if they are run by the federal government. Speaking at a virtual meeting organised for the All

0 comment Read Full Article

Report: Nigeria’s imported petrol dirtier than illegally refined in Niger Delta

  Report: Nigeria’s imported petrol dirtier than illegally refined in Niger Delta

A new report published by Stakeholder Democracy Network (SDN), an international resource watchdog group, says refined petroleum products imported into

0 comment Read Full Article

FG urged to lease out non-performing refineries

As the quest for improving Nigeria’s petroleum supply continues, the federal government has been urged to lease out the nation’s

0 comment Read Full Article

ABU to build refineries in the Niger Delta

 The Ahmadu Bello University (ABU), Zaria is making efforts to establish conventional and standard locally-build refineries in Niger Delta to

0 comment Read Full Article

38 investors ‘interested’ in building modular refineries in Niger Delta

  38 investors ‘interested’ in building modular refineries in Niger Delta
0 comment Read Full Article

Another refinery is coming — it’s Petrolex’s 250,000-barrel plant in Ogun state

  Another refinery is coming — it’s Petrolex’s 250,000-barrel plant in Ogun state

Petrolex Oil & Gas says it plans to build a 250,000 barrel-a-day capacity refinery in Ogun state. In an interview

0 comment Read Full Article

Dangote’s refinery should meet local needs, says Kachikwu

  Dangote’s refinery should meet local needs, says Kachikwu

Ibe Kachikwu, minister of state for petroleum, says the 650,000 barrels per day capacity refinery being constructed by Aliko Dangote,

0 comment Read Full Article