Why Nigeria’s refineries never worked – NNPC
NNPC said that three essential elements are required to make a refinery work: financing, a competent EPC, and world-class operational capacity. ... Continue reading ...
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Why Nigeria’s refineries were shutdown – NNPC
On Wednesday, Mr Ojulari said despite crude oil supplies, the refineries struggled to operate efficiently, with utilisation rates stuck between 50 and 55% ... Continue reading ...
Average retail price of petrol in Nigeria down 11% in December – NBS
On the zonal profile, the NBS said the North East zone had the highest average retail price of N1,073.67, the South West zone had the lowest price of N1,029.51. ... Continue reading ...
Africa loses $15 billion annually in potential revenue from oil, gas exports – APPO
“Despite our immense potential, Africa is facing a paradoxical and frustrating reality. We are still exporting about 70 per cent of our crude oil." ... Continue reading ...