Thursday, 30th March 2023
Breaking News:

Ibe Kachikwu

24 Apr 2019
Nigeria's petroleum downstream sub-sector, especially refineries, pipelines and others may witness a major overhaul following ongoing talks between...
24 Apr 2019
Nigeria is a gas hub producing over 2 million metric tons of Liquefied Petroleum Gas (LPG). But total penetration of LPG, otherwise called cooking gas...
22 Apr 2019
The nation’s economy, no doubt, has become a classical case of abused entity, literally going through the pains of maladministration, mismanagement of its resources, secret and underhand dealings....
17 Apr 2019
The Nigerian National Petroleum Corporation (NNPC) has said that Nigeria’s effort to reduce debt owed to its foreign oil partners is progressing well and helping the country to bolster exploration and production. NNPC’s Group Managing Director, Maikanti Baru, in a statement, said: “So far, we have repaid over $1.5 billion out of the $5.1 billion…
16 Apr 2019
Former Military Head of State, General Yakubu Gowon, yesterday said his administration had planned to build five export-oriented refineries to prevent dependence on other countries for refined products.
14 Apr 2019
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu has urged ExxonMobil and other International Oil Companies operating in Nigeria, to key into the gas commercialization policy of government for gas development in the country.
20 Mar 2019
To bridge the gap in quality of workforce in the oil and gas sector and economic growth, the Oil and Gas Trainers Association of Nigeria, in collaboration with Nigerian Content Development and Monitoring Board has concluded arrangements ....
17 Mar 2019
The presidential directive to the Nigerian Petroleum Development Company Limited (NPDC) to takeover operation of the entire Oil Mining Lease (OML) 11 from Petroleum Development Company (SPDC) has been denounced by the Ogoni people.
8 Mar 2019
Increased production by Nigeria and Iraq above the agreed quota by members of the Organisation of the Petroleum Exporting Countries (OPEC), in February, saw compliance level hitting 79 per cent last month, three per cent above January’s 76 per cent.
5 Mar 2019
The Delta State Chapter of the All Progressives Congress (APC) has maintained that Minister of State for Petroleum, Ibe Kachikwu, was not involved in anti-party activities as speculated in some quarters.
1 Mar 2019
Petroleum products imports into Nigeria, slumped as just one of the 26 vessels expected into the Lagos ports between now and March 11, is conveying premium motor spirit (PMS).
27 Feb 2019
Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, who doubles as the President of APPO recently said the organisation would mobilise $2 billion fund to aid continental synergy that would ensue sustainable development of hydrocarbon in Africa.


22 mins ago
The Federal Government has been tasked to arrest and probe perpetrators of various acts of electoral violence during the just concluded general elections before it’s too late.
31 mins ago
A report on the changing trends in the payment system identified cryptocurrency adoption, the introduction of central bank digital currencies (CBDCs) and the popularity of mobile wallets as major threats to the dominance of cash in African business transactions.
32 mins ago
Embattled new national carrier, Nigeria Air, and concerned parties are to know their fate on April 25 when the court resumes hearing.
32 mins ago
As Nigerians continue to lament the failure of the National U-23 team in the race to Paris 2024 Olympic Games, the Nigeria Football Federation (NFF) says it will soon introduce a new method of appointing coaches for the various teams.
37 mins ago
The build up to the 2023 elections gave the impression the contest was going to be between the ruling Peoples Democratic Party (PDP) and the main opposition, All Progressives Congress (APC).