Tag:Crude oil refining

Nigeria aims to refine more oil locally – Lokpobiri

Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, says the Federal Government is determined to ensure that every barrel of crude produced in...

Africa’s $100bn refining opportunity unlocks as new capacity surges toward 2030

Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions...

Can African Energy Bank transform continent’s refining and downstream future?

Set to launch in June 2025 with an initial $5 billion in capital, the African Energy Bank (AEB) is positioned to catalyse a shift...

Don advocates mandatory local refining of crude oil to check supplies

A university don has advocated a law to make the local refining of crude oil mandatory to check supply shortages and to improve the...

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Economist says reliable power supply key to Nigeria, India $1bn steel deal

An economic expert, Dr Emmanuel Eche, says implementing Nigeria’s deal with Indian company, Rashmi Metaliks Group, to develop its...
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UAE exit from OPEC signals need to reassess Nigeria’s oil strategy – Expert

An energy expert, Dr Billy Gillis-Harry, says the United Arab Emirates’ (UAE) exit from the OPEC signals the need...

Countries reach consensus on new strategy to scale adaptation action for most vulnerable

Countries and partners have reached consensus on a new programming strategy for the Global Environment Facility’s Least Developed Countries Fund (LDCF) and Special Climate...

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Economist says reliable power supply key to Nigeria, India $1bn steel deal

An economic expert, Dr Emmanuel Eche, says implementing Nigeria’s...

UAE exit from OPEC signals need to reassess Nigeria’s oil strategy – Expert

An energy expert, Dr Billy Gillis-Harry, says the United...