Tag
REFINERY
The Nigerian Content Development and Monitoring Board (NCDMB) has secured a 20% equity stake in a 100,000 barrels per day (bpd) refinery project in Rivers, which is being developed by African Refinery Group Ltd, in partnership with the Nigerian National Petroleum Company (NNPC Ltd).
The Energy Reforms Advocates of Nigeria and the APC Youth Vanguard for Change have urged President Bola Ahmed Tinubu to launch an independent and transparent investigation into the use of funds earmarked for refinery repairs by the National Petroleum Corporation Limited (NNPCL).
The Organization of Petroleum Exporting Countries (OPEC) has said that Nigeria is set to witness the set-up of small modular refineries with a capacity of 20,000 barrels per day each in the medium term.
The CIBN has urged the Federal Government to remove subsidies, deregulate the economy fully and ensure there are modular refineries.
Mele Kyari disclosed that the failure to fix the refineries over the years was a strategy problem.
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians that the full rehabilitation of the nation’s three refineries would commence by January 2020
The Federal Government has given itself a 3-year ultimatum to revamp the ailing refineries across the country.
Sahara Energy Resources DMCC Dubai and Brooge Petroleum and Gas Investment Co (BPGIC), have signed a partnership agreement to build new refinery.
Nigerian billionaire businessman, Alhaji Aliko Dangote has revealed that the desire to bring innovation and efficiency to Nigeria's...