modular refineries
Reps Launch Probe into $18bn Refineries’ Turnaround Maintenance
The House of Representatives Committee on Petroleum Resources (Downstream) has initiated a comprehensive investigation into the $18 billion turnaround maintenance (TAM) of Nigeria’s four state-owned refineries. The move comes amid growing public outrage over the persistent failure of the facilities to operate optimally despite years of massive financial investment. Chairman of the Committee, Ikenga Ugochinyere […]
Nigeria Targets 25% OPEC Quota Increase by 2027
Nigeria is positioning itself for a major leap in oil production as the Nigerian National Petroleum Company Limited (NNPC) has disclosed plans to push for a 25 per cent increase in its crude oil production quota within the Organization of Petroleum Exporting Countries (OPEC) by 2027. The Group Chief Executive Officer of NNPC Limited, Bashir […]