Tag: oil

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2019: Governors in Rat-race to Grab NNPC Oil Remittances

2019: Governors in Rat-race to Grab NNPC Oil Remittances

State Governors are jostling to take whatever they could lay their hands on from the monthly remittances of the Nigerian National Petroleum Corporatio
Media reports Kachikwu ‘sought to embarrass Buhari’s administration with alleged fuel shortage memo

Media reports Kachikwu ‘sought to embarrass Buhari’s administration with alleged fuel shortage memo

On Wednesday, some oil industry news outlets reported that Minister of State for Petroleum Resources Dr. Ibe Kachikwu, was ready to embarrass the Buha
Niger Delta Avengers threatens merciless attack on all oil facility in Nigeria

Niger Delta Avengers threatens merciless attack on all oil facility in Nigeria

The Nigerian militant group Niger Delta Avengers on Friday  said that they had ended their ceasefire in the region. We can assure you that every oi
Nigeria’s oil output in July slightly below 1.8 barrels per day, says Kachikwu

Nigeria’s oil output in July slightly below 1.8 barrels per day, says Kachikwu

Minister of Petroleum, Dr Ibe Kachikwu has revealed that Nigeria’s oil production, excluding condensates, was slightly below 1.8 million barrels per d
Ndoma-Egba: We can no longer depend on crude oil to drive the economy

Ndoma-Egba: We can no longer depend on crude oil to drive the economy

Chairman of the Governing Board of Niger Delta Development Commission (NDDC), Senator Victor Ndoma-Egba, SAN, has once again stressed the need for Nig
Premature for OPEC to Cap Nigeria, Libya Oil Output, Says Kuwait

Premature for OPEC to Cap Nigeria, Libya Oil Output, Says Kuwait

OPEC member Kuwait on Friday said it would be premature to cap Nigerian and Libyan oil production as the two African countries' output needed to stabi
Kachikwu: Nigeria Will Support Cap on Oil Production

Kachikwu: Nigeria Will Support Cap on Oil Production

The federal government will support a cap on its oil production, minister of state for petroleum, Ibe Kachikwu, said Wednesday. The production cap
All Eyes on Turkey As World Petroleum Congress kicks off in Istanbul

All Eyes on Turkey As World Petroleum Congress kicks off in Istanbul

The 22nd World Petroleum Congress (WPC), the largest meeting of the oil and gas industry, opened in Istanbul on Sunday. Speaking at the opening cer
Reps Summon Jonathan To Explain Role In $1.3 billion Malabu Oil Block Scam

Reps Summon Jonathan To Explain Role In $1.3 billion Malabu Oil Block Scam

A motion put forward by a national assembly adhoc committee to invitee former leader Goodluck Jonathan over the $120 billion Malabu scam sparked wild
Baru To NNPC Staff: Progress Made But Much Still To Accomplish In One-Year Anniversary Speech

Baru To NNPC Staff: Progress Made But Much Still To Accomplish In One-Year Anniversary Speech

...Secures $2Billion Discounts on Renegotiated Upstream Contracts The Nigerian National Petroleum Corporation, NNPC, has secured $2billion discount
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