May 9, 2021
  • May 9, 2021

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Nigeria approves $1.5 bln to revamp Port Harcourt refinery

by on March 17, 2021 0
The Federal Government has approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5 billion. The approval, which was granted at the weekly cabinet meeting in Abuja was a sequel to a memo presented by the Minister of State for Petroleum Resources, Timipre Sylva to the council.... Read More

NNPC in talks to raise $1 bln to revamp Port-Harcourt refinery

by on January 7, 2021 0
Nigerian National Petroleum Corporation (NNPC) is in talks to raise around $1 billion in a prepayment with trading firms to refurbish its largest refining complex at Port Harcourt, seven sources familiar with the discussions said. If the financing is concluded, the long overdue rehabilitation of the refinery should reduce Nigeria’s hefty fuel import bill.... Read More

Nigeria’s Dangote Refinery to boost job creation via R&D

by on November 20, 2020 0
Dangote Refinery is committed to research and technology to boost job creation and poverty alleviation in the country as part of efforts to support the growth of the local economy. The Dangote Group said it would continue to partner with research institutions for the advancement of indigenous technology and national development. Mansur Ahmed, Dangote... Read More