Industry

Axxela Limited has joined the register of companies to successfully raise capital on the floor of The Nigerian Stock Exchange (NSE or The Exchange) even in these challenging times. The company listed the Axxela Funding 1 Plc’s…
Read More...

…Nigeria pioneer indigenous modular refinery. …Upgrading refinery capacity from 6000 barrels to 11000 barrels per day. …Refinery to produce petroleum products across downstream value chain and serves as import substitution for…
Read More...

...Building of 50000 per day refinery …Africa’s consumption of energy is poor while consumption grows GDP …Emerges as an independent world class firm and the best refining and petrol-chemical company at NIPS 2020 The oil and gas…
Read More...

-By Saidu Abubakar Following the recently launched gas pipeline laying project by President Mohammed Buhari from Ajaokuta through Abuja, Kaduna to Kano code-named AKK, various stakeholders in the country have welcomed and have been…
Read More...

The Kaduna Refining and Petrochemical Company Limited (KRPC) generated no revenue in 2018, the first audited financial statements of the Nigerian National Petroleum Corporation (NNPC) after 43 years of its operation have shown. Details…
Read More...

*The company will be responsible for the detailed engineering and design of the inside battery limits (ISBL) modular refinery A US-based EPC company McDermott International has secured an engineering and procurement contract from Azikel…
Read More...

The Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the country in order to avoid a dislocation in…
Read More...

The management of AYM Shafa Limited has congratulated the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari and his management on his one year in office. The company said, Kyari…
Read More...

A move by the African Refiners and Distributors Association (ARA), and the African Union (AU), to ensure common standard for the importation and refining of petroleum products on the continent remains critical to trade, environment and the…
Read More...

Minister of State for Petroleum, Chief Timipre Sylva, has said that his ministry will within two weeks transmit the revised Petroleum Industry Bill (PIB) to the National Assembly for passage into law. He also put the value of the…
Read More...