Search

Nigeria’s state oil company seeks partners as refinery overhaul accelerates

Safety helmet at an oil field. Photo by Ümit Yıldırım @ Unsplash
Safety helmet at an oil field. Photo by Ümit Yıldırım @ Unsplash
  • NNPC profit jumps 64% on transformation drive
  • Refineries face review to determine future and sustainability

 

ABUJA, NIGERIA — Nigeria’s state oil company is reviewing all four of its refineries to determine their commercial future before seeking global operators with proven experience to run them.

The Nigerian National Petroleum Company Limited (NNPC Limited) said on Monday it has begun a technical and commercial assessment of its plants in Kaduna, Warri and Port Harcourt — long plagued by decades of neglect — as part of a sweeping transformation programme to revive domestic refining capacity.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Oil tankers silhouetted against a vibrant sunset over the Pacific Ocean. Photo by Soly Moses @Pexels
Who should control Namibia’s oil? Presidency power grab divides nation
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Why Nigeria’s Osun vote could foreshadow 2027 turmoil
Read More »
Patrice Talon, Former President of Benin Photo @Patrice Talon/Facebook
Who really governs Benin? Ex-president Talon still holds the keys
Read More »

Latest Posts

Latest news insights