Nigeria promises state-owned refinery progress
The country has set out an ambitious timeline to refurbish its long-neglected Port Harcourt refineries
Nigeria has committed $1.5bn to rehabilitate its Port Harcourt refining complex, which ministers say could be operating at 90pc of its 210,000bl/d capacity within 18 months. Both NOC NNPC and the government insist that, this time, they will achieve results. Nigeria has awarded the rehabilitation contract to Italian engineering firm Maire Tecnimont, which previously carried out preparatory and inspection work at Port Harcourt to pave the way for the overhaul. The work will be split into three phases, according to Timipre Sylva, minister for petroleum resources, with the first, 18-month stage to achieve 90pc capacity and to start immediately. “One major factor which makes this refinery r
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy






