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featured Oil and Gas

Chinese firms to gain 51% stake in PH, Warri refineries

The Nigerian National Petroleum Company Limited is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake of about 51 per cent in the Port Harcourt and Warri refineries as part of a broader plan to rehabilitate and commercially reposition the facilities. Details of the arrangement emerged after NNPC signed a Memorandum […]

featured Oil and Gas

P’Harcourt refinery marks 180 days of uninterrupted operation 

The Petroleum Products Retail Outlets Owners Association of Nigeria has praised the Federal Government and the Nigerian National Petroleum Company Limited for successfully running the revamped Port Harcourt Refinery for 180 consecutive days. PETROAN’s National Public Relations Officer, Dr. Joseph Obele, highlighted that the refinery, which had been inactive for over two decades, was rehabilitated […]