Page 2 - Waltersmith Modular News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nigeria needs as much fuel as it can refine. With the roaring into life of modular refineries, the nation’s journey to self-sufficiency has begun, Nume Ekeghe reports When President Muhammadu Buhari performed the virtual inauguration of the National Oil and Gas Excellence Centre on January 21, 2021, on one of the issues he spoke about was modular refinery. He mentioned the completion of the 5,000 barrels per day Waltersmith Modular Refinery. The refinery is near the Ibigwe marginal field flowstation in Imo State. It is the biggest commissioned modular refinery in Nigeria. The African refine...

As the debate over the long-term relevance of crude oil rages, Nigeria appears to be shifting its attention to the exploration of the country’s huge gas deposits, writes Emmanuel Addeh The year 2020, unarguably remains the most devastating period in the history of oil and gas in history as the product hit its lowest point. In the heat of the Covid-19 pandemic, Nigeria, Africa’s biggest economy, entered recession for the second time in five years, after a contraction in its Gross Domestic Product (GDP) for a second consecutive quarter. Largely dependent on revenues from crude oil export fo...

Olalekan Adetayo and Femi Asu The President, Major General Muhammadu Buhari (retd.), on Thursday said his regime’s  drive for economic diversific...

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Buhari has stated his administration’s desire to strengthen Nigeria’s position as the regional leader in the oil and gas industry.