Nigeria Earns $40bn from Oil Exports in Six Months
Nigeria has been estimated to have realised about $40 billion from crude oil exports in the first half of this year, according to the Organisation of Petroleum Exporting Countries (OPEC). The 12-nation member organisation, in its revenue fact sheet, however stated that the Africa’s oil giant had net earnings of about $84 billion in 2013….
Prof. Igwe: Modular Refineries Will Address Perennial Shortage of Petroleum Products
Prof Godwin Igwe is the Director, Centre for Gas, Refining and Petrochemicals, Institute of Petroleum Studies, University of Port Harcourt. In this interview Chika Amanze-Nwachuku, he posited that setting up modular refineries at strategic demand locations in Nigeria will put an end to persistent shortage of petroleum products in Nigeria. Excerpts: In the recent time…