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Grappling with challenges, monopoly fears, others posed by — Features — The Guardian Nigeria News – Nigeria and World News

Nigeria started the business of oil refining with a simple hydro-skimming plant of 38,000 barrels per day (bpd) refinery built by Shell-BP, at Eleme, near Port Harcourt, in Rivers State in 1965. The plant was then wholly owned and operated by Shell-BP. ....

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African Refiners Alert on Impending Impact of Funding Withdrawal for Oil Projects

African Refiners Alert on Impending Impact of Funding Withdrawal for Oil Projects
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Fresh worries for oil, gas projects over ESG standards

Oil and gas experts are worried over the impacts of Environmental, Social, and Governance (ESG) issues on financing for oil and gas projects, insisting that unless borrowers like Nigeria and other African oil producers quickly adapt, securing necessary funding for the sector may remain very difficult. ....

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