LEBRON JAMES SIGNS WITH PHILADELPHIA 76ERS.(PHOTO).

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 LeBron James signs with Philadelphia 76ers LeBron James has officially committed to the Philadelphia 76ers, signing a two‑year, $8 million contract that he announced on X. At 41 years old, James enters his 24th NBA season after parting ways with the Los Angeles Lakers earlier this summer.  His decision marks another chapter in a career that began as the No. 1 overall pick in the 2003 draft and has long fueled debates about his place among the greatest players in basketball history. James’s journey has been defined by bold moves and historic triumphs. After seven seasons in Cleveland, he joined the Miami Heat in 2010, sparking controversy but also launching a run of eight straight Finals appearances.  He captured back‑to‑back titles in 2012 and 2013 before returning to the Cavaliers, where he delivered the franchise’s first championship in 2016 by overcoming a 3‑1 deficit against the record‑setting Golden State Warriors.  Later, his move to Los Angeles in 2018 brough...
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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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