FG silent on revoking licences as Indonesian firm indicates interest to build refinery
More than two months after the federal government warned that it will soon begin the revocation of private oil refinery licenses issued by previous administration to about 14 companies, nothing has been heard. However, an Indonesian firm, PT Intim Perkasa…
Boost for foreign reserve as Indonesia, more countries place order for Nigerian crude
Chances of early exit from recession are getting brighter following news or more orders for Nigerian crude oil by new markets including Indonesia and others from Asian tigers. This week, Indonesian Ambassador to Nigeria, Mr Harry Purwanto, indicated his country’s…