Minister of Petroleum (Oil), Heineken Lokpobiri and former Executive Secretary of the Nigerian Local Content Development and Monitoring Board (NCDMB), Simbi Wabote, are at loggerheads over wasteful spending of about $500 million.

Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the country would be able to ramp up oil and gas production to feed Dangote and other local refineries by curtailing pipeline vandalisation and oil theft through its new partnership with the Nigerian Armed Forces.

Worried by the dwindling oil production and the need to drive investments in the nation’s oil and gas sector, the Federal Government, through the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has underscored the imperative of ramping up production as a pivotal strategy to ensure stability in the midstream and downstream sectors of the industry.

The Federal Government has called on oil and gas operators to create ingenious ways of raising capital to expand their investment and tackle myriads of problems facing the sector, especially leveraging the nation's capital market.

Nigeria may struggle to find buyers for its crude oil as about 30 out of 53 cargoes loading for May are stranded. This is coming despite the low production currently being experienced in the country as Angola

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri and the Minister of State for Petroleum (Gas) Ekperikpe Ekpo are to speak at the 23rd yearly NOG Energy Week 2024 following the Executive Order by President Bola Ahmed Tinubu on government’s strategies in strengthening the country’s energy sector.

The Federal Government yesterday said international oil companies (IOCs) will not be blocked from divesting their assets in the country even as the government warned that short-changing Nigeria in the process will not be tolerated.

The Federal Government and marketers of Premium Motor Spirit (PMS) otherwise called petrol will today return to negotiation table amid petrol scarcity in the Federal Capital Territory (FCT), Abuja. The Federal Government through the Minister of Petroleum Resources (Oil), Heineken Lokpobiri, had convened a meeting to resolve ongoing challenges in the downstream petroleum sector, especially…

Minister of State for Petroleum (Oil), Heineken Lokpobiri, said the federal government would not delay the sale of assets of Shell if necessary clearances are done.

Nigeria is exploring options to increase crude oil production amidst challenges facing producing companies in the country. The Minister of State for Petroleum (Oil), Heineken Lokpobiri, said the plan to ramp up production remains on course. 

... says nothing would make him disobey President Tinubu Former Rivers State Governor and Minister of the Federal Capital Territory (FCT), Nyesom Wike, has apologised to the former state Chairman of the Peoples Democratic Party (PDP), Felix Obuah, for truncating his ambition to contest for the office of governor of the state in 2023. Wike…

Nigeria is in a strategic move with leaders of the oil-producing region to douse security tension and ensure the safety of oil and gas infrastructure, especially pipeline assets.