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22 Sep 2019
The Port Harcourt Refining Company (PHRC) and the Warri Refinery and Petrochemical Company (WRPC) with installed capacities to refine 335,000 barrels per day, are currently in near comatose state ....
14 Apr 2019
A Professor of Petroleum Economics and Policy Research, Wumi Iledare is Ghana’s National Petroleum Professorial Chair in Oil and Gas Economics, at the University Of Cape Coast’s Institute for Oil and Gas Studies. Iledare, who is equally the President of the Nigerian Association for Energy Economics (NAEE) says the Federal Government must commercialise the NNPC…
7 Feb 2019
Notore Chemical Industries Plc has announced its unaudited results for the first quarter (Q1) ended December 31, 2018, showing 412 per cent rise in operating profit from N0.58 billion recorded in Q1 2018 to N2.99 billion in Q1 2019. Specifically, the company recorded an operating profit of N2.99 billion in Q1 2019, showing a jump…
1 May 2017
Nigeria’s quest for self-sufficiency in the refining of petroleum products, especially Premium Motor Spirit (PMS), also known as petrol, may remain a mirage...

Latest

11 mins ago
A funding crisis battering China's big property developers could start to shake the wider economy and global markets, the IMF warned on Friday, saying deeper reforms were needed to fully curb the threat.
16 mins ago
Leftist Xiomara Castro was sworn in Thursday as the first woman president of Honduras, vowing to reform the crime- and poverty-stricken nation into a "socialist and democratic state."
37 mins ago
Kenya said Friday it has boosted security after France and Germany warned of the risk of possible terror attacks targeting Westerners, particularly in the capital Nairobi.
1 hour ago
Six rockets were fired Friday at the Iraqi capital's airport, causing damage but no casualties, security sources said, the latest in a string of attacks the US blames on Iran-linked militias.
2 hours ago
Rwanda said Friday it will reopen its land border with Uganda at the end of the month after a three-year closure, a major breakthrough in efforts to repair ties between the neighbours.