The Federal Government has reiterated its support for the NNPC Limited/FIRST Exploration & Petroleum Development Company Joint Venture (JV) in its drive to achieve a production target of 100,000 barrels of oil per day (BOPD). This was confirmed by the…
Lokpobiri, Oil Minister, Rejects Representative’s Misleading Statements on NNPC Refinery Operations.
Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has refuted claims made by Engr. Kamoru Busari, Director of Upstream in the Ministry of Petroleum Resources, regarding the Nigerian National Petroleum Company Limited (NNPCL). Busari, representing the Minister at…
Ministers of Gas, Oil, Power to feature at Association of Energy Correspondents Annual Conference
The 2024 edition of the NAEC Annual Strategic International Conference is set to deliver far-reaching impacts and extended benefits for Nigeria’s energy sector, with a focus on actionable solutions and transformative outcomes. Organized by the Association of Energy Correspondents of…
Ministers Lokpobiri, Uzoka-Anite, and Dangote endorse inaugural Nigerian Crude Oil Refining Summit
Feature Image Caption: L – R: CEO, Waltersmith Refinery, Muhammad Musa; Chairman CORAN/OPAC Refinery, Momoh Jimah Oyarekhua; President/CEO Dangote Refinery, Aliko Dangote; Executive Director, Dangote Group, Halima Aliko Dangote; Chairman/CEO Integrated Oil & Gas/Chairman, CORAN Board of Trustee, Captain Emmanuel Iheanacho (rtd); Chief Strategist, Legend & Legacy, Kunle Odusola-Stevenson & Group Chief Strategy Officer, Dangote Group, Aliyu Suleiman during a courtesy visit by Crude Oil Refinery-owners Association of Nigeria (CORAN) to Dangote Refinery in Lagos recently
Nigeria to host African Energy Bank
Nigeria has been granted the hosting right for the African Energy Bank (AEB), after beating Ghana, Benin Republic, Algeria, South Africa and Cote D’Ivoire in a keenly contested bidding. Sen. Heineken Lokpobiri, the Minister of State, Petroleum Resources (Oil), told…
Lokpobiri Visits Aradel’s Ogbele Facility
Senator Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), has commended Aradel Holdings for its innovativeness and growth trajectory while on a visit to the Ogbele Facility in PML 14, Rivers State, which is 100% owned and operated by Aradel…
OTC 2024: Nigerian Government pledges conducive investment environment for investors
… As Minister applauds PETAN for providing platform for Nigerian companies to showcase their businesses to the world The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Commission Chief Executive,…
Lokpobiri, Oil Minister, Accuses NCDMB’s Ex-CEO, Wabote, of $500 Million diversion to Private Enterprises and Investments
The Minister of State for Petroleum Resources, Heineken Lokpobiri has accused the Nigeria Content Development and Monitoring Board (NCDMB) of diverting $500 million of the industry’s fund into equity investments in private enterprises and investments when Engr. Simbi Wabote was…
Tinubu, OPEC SG among speakers to discuss new energy world order at NIES 2024
The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024, will host President Bola Tinubu including H.E Haitham Al Ghais, OPEC Secretary General,…