The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, has confirmed that as a result of Local Content Act implementation, the board retained the sum $6.4 billion of yearly spend.
He said…
President Muhammadu Buhari will today inaugurate the 5,000 barrels per day Waltersmith Modular Refinery and conduct the ground-breaking ceremony for the 45,000 barrels per day refinery expansion project at Ibigwe, Ohaji/Egbema Local…
The Department of Petroleum Resources (DPR) has said that the 5,000 barrels per day (bpd) Waltersmith Modular Refinery project is fully ready for operations.
The Director of DPR, Sarki Auwalu, said this during a pre-commissioning visit…
The 5,000bpd modular refinery located in Imo state is scheduled for official commissioning on October 26, 2020, with products truck-out beginning immediately, having concluded off-take arrangements with select firms.
The refinery will…
Chairman of Edo Modular Refinery and Petrochemical Company (ERPC) Plc, Michael Osime, has said that with the support from the state government, the company will rake in as much as $125 million in foreign exchange from the exportation of…
Peace Obi
The Nigerian Content Development and Monitoring Board (NCDMB) said that it has acquired equity in the 12,000barrels per day Azikel Hydroskimming Modular refinery being constructed by Azikel Petroleum Limited at Obunagha,…
Oge Obi
The Local Content initiative of the Nigerian government in the oil and gas industry again, received a boost as an indigenous refinery by Waltersmith Refining and Petrochemical Company Limited gets ready to contribute about 271…
The Minister of State for Petroleum, Dr Ibe kachikwu, has said that it would be sad if the nation’s refineries are not functional by the end of 2019.
According to him, the present administration is committed to ensuring that the…
The Petroleum and Natural Senior Staff Association of Nigeria (PENGASSAN) has advised the Federal Government to encourage modular refineries to end petroleum products’ scarcity in the country.
Mr Francis Johnson, the National President of…
