The United States Trade and Development Agency, USTDA, has endorsed the activities of Eko Petrochemical and Refining Company Limited, adding that it was committed to supporting its construction.
Continue reading USTDA backs 20,000 bpd Eko Petrochemical Refinery at Vanguard News Nigeria. …
Refinery
Investment in refinery, petrochemicals driven by innovation, efficiency – Dangote
Alhaji Aliko Dangote, President, Dangote Group, said that ongoing investment in petrochemicals, refining, fertilizer and gas was driven by the desire to bring innovation and efficiency to Nigeria’s oil and gas sector.
Continue reading Investment in refinery, petrochemicals driven by innovation, efficiency – Dangote at Vanguard News Nigeria. …
Refinery: PENGASSAN calls for revocation of Licences
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged government to revoke the licences issued to non-practising companies and individuals on modular and private refineries.
The association in a statement urged the government to immediately revoke and re-issue them to operators with technical and financial capabilities.
It said the establishment of modular refineries, which the government promised, should be vigorously pursued.
Buhari in ‘relay anchor’ for refineries rehabilitation
It also expressed its opposition to the current operating model for the nation’s refineries describing the model as unsustainable.
Continue reading Refinery: PENGASSAN calls for revocation of Licences at Vanguard News Nigeria. …
Iheanacho seeks sovereign guarantee to build refinery
Eko Refinery and Petrochemical Company has appealed to the Federal Government to support local refiners with sovereign guarantees on loans for the completion of its modular refineries. Its Chairman, Mr Emmanuel Iheanacho, made the appeal in Lagos against the backdrop of local refiners’ inability to secure loans to complete ongoing modular refineries. Sovereign guarantee is […] …
$60m Ikwe-Onna Refinery to start operation in 2020
FG lays foundation of gold refinery in Ogun
The Federal Government yesterday laid the foundation of the first gold refinery in Mowe, Ogun State, to enhance the country’s sustainable economic growth. Minister of State for Mines and Steel Development, Abubakar Bwari, who performed the ceremony in Mowe, said government and promoters of the refinery identified gold as a strategic commodity. Bwari commended the […]
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Refineries make profit for first time in 10 months
’Femi Asu The nation’s refineries have posted a profit for the first in 10 months, the latest financial and operations report of the Nigerian National Petroleum Corporation has shown. The plants are the Warri Refining and Petrochemical Company, the Port Harcourt Refining Company and the Kaduna Refining and Petrochemical Company. The refineries, which lost a […] …
Obaseki, Chinese companies seal deal on Gelegele port, refinery, Benin park
After months of intense engagements on the viability of a seaport in Benin City, the Edo State Governor, Mr. Godwin Obaseki, has finally inked a deal with the vice president of China Harbour Engineering Company (CHEC), Li Yi, for the development of the Benin River Port in Gelegele area of the state.
Continue reading Obaseki, Chinese companies seal deal on Gelegele port, refinery, Benin park at Vanguard News. …
Firm pushes ahead with 100,000bpd refinery in Port Harcourt
’Femi Asu JIL-Amber Consortium has said that through its special purpose vehicle, African Refinery Port Harcourt Limited, it is advancing with its 100,000 barrels per day refinery relocation and colocation project near the Port Harcourt Refining Company. The firm said in a statement that it had completed the engineering processes, with approval by the Department […] …
