Tag: oil refinery

Just In: Drone attacks Saudi oil refinery

A drone attack early Friday sparked a fire at a Riyadh oil refinery, the Saudi energy ministry said, in an assault claimed by Yemen’s Huthi rebels. “The Riyadh oil refinery was attacked by drones, resulting in a fire that has been brought under control,” the ministry said in a statement,[Read More…]

Six presidents, one scandal – How regulatory failure, witch-hunt drowned £2.5 billion oil refinery investment in Nigeria (part 1)

By Joshua Olufemi and Aderemi Ojekunle More than 26 years later, Nigeria’s faulty financial system is yet to uncover what happened to the Petrol Union refinery deal. The botched investment deal is now intertwined despite the Supreme Court verdict – one on the alleged forgery case of Petrol Union directors and the[Read More…]

Nigeria, Namibia To Build Joint Oil Refinery

The Federal Government and the Republic of Namibia have proposed to construct a joint oil refinery to maximise cooperation in the area of energy. The decision was reached during the two-day official visit of President Goodluck Jonathan to Namibia at the invitation of his counterpart, President Hifikepunye Pohamba. This is[Read More…]