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NNPC Submits P/Harcourt Refinery To Contractor For Repair

NNPC Submits P/Harcourt Refinery To Contractor For Repair       The Nigerian National Petroleum Corporation (NNPC) yesterday handed over the Port Harcourt Refineries Companies (PHRC) to the contractor, Tecnimont SPA for its rehabilitation. The Group Managing Director, Malam Mele Kyari who disclosed this at the kick off meeting...

NNPC Refineries Idle For 19 Months, Record N177.21bn Loss

NNPC Refineries Idle For 19 Months, Record N177.21bn Loss       In 19 straight months of not processing any barrel of crude oil, the government-owned refineries in Nigeria recorded a total loss of N177.21bn, the latest data from the Nigerian National Petroleum Corporation have shown. An analysis of...

Renewable Energy Breakthrough Threatens Nigeria’s Gas Investments

Renewable Energy Breakthrough Threatens Nigeria’s Gas Investments         Efforts by the government to harness its 203.16 trillion cubic feet (TCF) gas reserves to spur economic activities and boost revenue may remain elusive as an emerging energy solution, especially renewable energy and energy storage, are projected to...