Industry

Nigeria is set to increase its number six global ranking in gas production and first in Africa with the recent Final Investment Decision (FID) for the Nigerian Liquefied Natural Gas (NLNG) Train 7 project last December 27, in…
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Africa’s richest businessman, Aliko Dangote, has said his new refinery would create jobs for jobless Nigerian youths at completion. The Dangote Group CEO revealed the plan at a parley with the Lagos State governor, Babajide…
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The Federal Government has issued 45 licenses to private companies for the construction of refineries including modular refineries and as the licenses expire this year, many will fail to reach commissioning, analysis shows. All the…
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…Applauds NCDMB, Waltersmith for the 30,000 bpd modular refinery -By Benjamin Ike The Federal government has pledged its commitment to support indigenous petroleum production and refining in order to boost local refining capacity…
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-By Kenny Folarin The Managing Director of Lagos Deep Offshore Logistic Base LADOL, Dr. Amy Jadesim has said that her industrial base which is 100% indigenous economic zone has attracted Investors with USD 500 million into the Zone,…
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-By Gideon Osaka International oil companies and drone makers are collaborating to develop custom – made drones with data collection technology to obtain real-time insights, according to United Kingdom – based, GlobalData, a leading…
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-By Kehinde Folarin In furtherance of the quest to ensure transparency and accountability in the Extractive Industry, the Nigeria Extractive Industries Transparency Initiative (NEITI) penultimate Thursday unveiled the Beneficial…
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-By Fred Ojiegbe Oil spills have been a perennial issue in the Niger Delta as there are estimated 40 million liters of crude oil spilled annually, which results in huge casualties and damage to the local ecosystem. In a study by…
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-By Gideon Osaka Nigeria’s current rig count showed an upward move, as the country saw an improvement by two, as it recorded 20 in November as against 18 recorded in October, data from the latest Organisation of Petroleum Exporting…
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For decades, most advanced refineries and petrochemical plants globally have been coming online in China, Saudi Arabia and India. These include world-scale projects such as Reliance Industry’s Jamnagar Refinery in India; the Zhanjiang…
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