RUSSIA UNLEASHES MASSIVE DRONE AND MISSILE BARRAGE ON KYIV, INCLUDING RARE ORESHNIK HYPERSONIC STRIKE, KILLING AT LEAST FOUR AND INJURING DOZENS. (PHOTO).

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 Russia unleashes massive drone and missile barrage on Kyiv, including rare Oreshnik hypersonic strike, killing at least four and injuring dozens Russia launched one of its largest aerial attacks in months on Kyiv and surrounding areas, unleashing hundreds of drones and missiles in an overnight barrage that killed at least four people and injured more than 80, Ukrainian officials said. Authorities reported widespread damage across the capital region, including destroyed residential buildings, damaged schools, and strikes on infrastructure as emergency crews worked through the night to extinguish fires and clear rubble. Officials said the assault included the use of an Oreshnik hypersonic missile, which was fired near the capital and marked only the third known deployment of the system in the war since Russia’s full-scale invasion began in 2022. The missile, which is believed to have a long range and potential nuclear capability, was part of a larger wave of roughly 90 missiles and ...
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NNPC SIGNS MEMORANDUM OF UNDERSTANDING FOR RESTART, EXPANSION OF WARRI, PORT HARCOURT REFINERIES. (PHOTO).

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 NNPC Signs Memorandum Of Understanding For Restart, Expansion Of Warri, Port Harcourt Refineries

 

NNPC Ltd has signed a Memorandum of Understanding (MoU) with two Chinese companies, Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd, for collaboration through a potential Technical Equity Partnership (TEP) in support of the completion and operation of the Port Harcourt and Warri Refineries.


The MoU was signed by the Group CEO, NNPC Ltd, Bashir Bayo Ojulari, Chairman, Sanjiang Chemical Company, Guan Jianzhong and Chairman of Xinganchen (Fuzhou) Industrial Park Operation and Management Co. Ltd, Bill Bi, in China.

A Statement by Andy Odeh

Chief Corporate Communications Officer 

NNPC Ltd Indicates 

The potential framework would cover completion of outstanding work at the two refineries, together with operating and maintaining both facilities to achieve best-in-class, sustainable performance. Stressing  that Planned expansion and upgrades would elevate both facilities to cleaner, more profitable product standards. 

The potential collaboration also contemplates expanding the refineries' petrochemical capacities and harnessing gas and downstream opportunities through the development of co-located, gas-based industrial hubs.

GCEO of NNPC Ltd, Bashir Bayo Ojulari, described the MoU execution as a significant milestone, following more than six months of concerted engagement between the technical and management teams of NNPCLIMITED and the two Chinese partners, The GCEO also Reiterated that the MoU is an important step on the journey towards identifying potential technical equity partner(s) to restart and expand NNPC's refineries, and to explore opportunities in co-located petrochemicals and gas-based industries.

The MoU reflects the parties' shared intent to progress discussions in good faith, with definitive arrangements to follow in due course .

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