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NNPC To Construct Three Greenfield Refineries

The Nigerian National Petroleum Corporation (NNPC) disclosed on Thursday that three new Greenfield refineries are set for construction.

It also said that more are expected to come on stream to upgrade its production and exploration efforts to meet the challenges of growing the company from its current 80,000 barrels a day to 150,000 barrels in the next few years.

The Corporation has equally put in place measures to establishing a renewable energy division to implement the bio fuels programme in line with its philosophy of diversification.

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Australia Approves Shell's Giant Floating LNG Plant

SYDNEY — Australia Friday gave environmental approval for Shell to install a revolutionary floating liquefied natural gas (LNG) plant which is set to become the world's longest vessel.

Environment Minister Tony Burke gave the green light with conditions aimed at protecting the area, off sparsely populated north-western Australia, from damage including oil spills.

"This is a large-scale project that is using world-first technology. We can't risk getting it wrong, so I have set very strict conditions to help ensure our precious marine environment will be protected," he said.

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