“Nothing is impossible.” These three words are on a plaque that Aliko Dangote keeps on his office desk in Lagos, Nigeria, constantly reminding Africa’s richest man how to approach the world. Dangote, who was worth $12.3 billion as at mid-August, according to the Bloomberg Billionaires Index, is modest in his personal life but bold in […]
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Royal Dutch Shell said on Tuesday it was restarting a number of units at the 404,000 barrels per day Pernis oil refinery in the Netherlands after shutting down most of the site on July 30. “Complete restart will take place in a structured and controlled way,” the oil major said in an emailed statement, without […]
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The Federal Government has said it will withdraw the refinery licences that have remained idle in the hands of private investors since they were issued. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, stated this on Wednesday on the sidelines of an ongoing annual Offshore Technology Conference in Houston, United States. The News […]
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The nation military on Thursday said that it had destroyed 13 illegal refineries in the restive Niger Delta oil hub, in an operation in which two soldiers died in clashes with “sea robbers”. Military authorities say there are hundreds of illegal refineries in the region, which process stolen crude from oil company pipelines. The Nigerian […]
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