The crude oil production cut deal agreed by members of the Organization of Petroleum Exporting Countries (OPEC) and its allies late last year has been implemented...
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said it was no longer possible for the four ailing refineries belonging to the Nigeria...
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, Tuesday, admitted that Nigeria has an energy dilemma that needs to be addressed in order to...
The Minister of State for Petroleum Resources, Ibe Kachikwu, on Tuesday said there were no plans by Federal Government to sell its stakes in the Nigerian...
Nigeria may soon become the third largest exporter of gas in the world if the ongoing plans of the Nigeria Liquefied Natural Gas (NLNG) Ltd to...
The Federal Government has signed a Memorandum of Understanding (MoU) with the Nigerien Government on the establishment of a modular refinery to be sited in Katsina...
A peace meeting convened by the Minister for State, Petroleum, Dr Ibe Kachikwu, as part of processes to bridge the division in the Delta state chapter...
The Minister of State for Petroleum Resources, Ibe Kachikwu, says President Muhammadu Buhari has never interfered in the allocation of oil blocs. Kachikwu said this on...
Vice President Yemi Osinbajo has called on African countries to follow Nigeria’s lead and make effort towards building international strategic partnerships with other African countries to...
The Peoples Democratic Party (PDP) has dismissed the claim by the Nigeria National Petroleum Corporation (NNPC) that it spends N24 billion monthly and N774 million per...
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has raised concerns that the queues for Premium Motor Spirit (PMS), experienced in some parts of...
The Minister of State for Petroleum Resources, Ibe Kachikwu, Thursday directed the Nigerian National Petroleum Corporation (NNPC) to end fuel queues in Abuja before Sunday. Kachikwu...
The Senate has reacted to an alleged claim by the Chief of Staff to the President, Abba Kyari, that the National Assembly was responsible for the...
Oil marketers say it is no longer sustainable to sell petrol at the rate of N145 per litre, citing hurricane in the US and the stoppage...
Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), says petrol scarcity which he maintained was the result of “rumoured price increase” has...
The Depot and Petroleum Products Marketers Association (DAPPMA) Thursday refuted the claim by the Nigerian National Petroleum Corporation (NNPC) that its members owed the oil firm...
The Peoples Democratic Party (PDP) has accused the Federal Government of providing cover for huge sleaze directly involving All Progressives Congress (APC) interests and urged its...
Ekiti State Governor Ayodele Fayose has challenged Vice President Yemi Osinbajo to admit that the Federal Government was responsible for fuel subsidy payments following his comment...
The Nigerian National Petroleum Corporation (NNPC) has hit back at the Depot and Petroleum Products Marketers Association (DAPPMA), saying its members got “appreciable volume” of petroleum...
The claim by the Minister of State for Petroleum Resources, Ibe Kachikwu, that the Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru, inappropriately...
The All Progressives Congress (APC) has claimed that there was no “actual scarcity” of fuel in the country even as Nigerians continued to grapple with the...
Nigerians may be in for a challenging yuletide as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has issued a seven-day ultimatum to...
The Minister of State for Petroleum Resources, Ibe Kachikwu, has revealed that the the major cause of the fuel scarcity currently being experienced across the country...
The Minister of State for Petroleum Resources, Ibe Kachikwu, has said that Nigeria had an obligation to pursue oil exploration in the North-East and other areas...
In light of renewed threats by the Niger Delta Avengers to resume attacks on oil installations, Chief of Naval Staff, Vice Admiral Ibok-Ete Ibas, said Monday...
The Nigerian National Petroleum Corporation (NNPC) has said there were no ulterior motives behind its special dinner with members of the National Assembly scheduled for Tuesday,...
Reports emerged Tuesday night that embattled Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, may be trying to lobby members of...
The Federal Government Monday revealed that from 2019, the country would begin tracking Nigeria’s crude oil and would be able to account for every quantity of...
Vice President Yemi Osinbajo has absolved the Federal Government of blame on the return of former chairman of the Presidential Task Force on Pension Reforms, Abdulrasheed...
The Nigerian National Petroleum Corporation (NNPC) has revealed plans to undertake oil exploration activities in Nasarawa State as part of a presidential mandate to resume oil...
A constitutional lawyer, Johnmary Jideobi, has dragged President Muhammadu Buhari before the Federal High Court in Abuja, over his alleged approval of “unlawful” and “unconstitutional” appointments...
In a move apparently designed to convince the public that the Nigerian National Petroleum Corporation (NNPC) contract scandal was now a thing of the past, and...
The Senate has deferred the probe of the alleged insubordination, abuse of office and alleged fraud in the award of over $25 billion worth of contracts...
Former Minister of Education, Oby Ezekwesili, has urged President Muhammadu Buhari not to “move on” from the allegations of fraud raised by the Minister of State...
Vice President Yemi Osinbajo Friday in Asaba stated that without sustained peace in the Niger-Delta, the economic agenda of President Muhammadu Buhari’s administration will suffer significant...
Barely hours after Vice-President Yemi Osinbajo’s aide, Laolu Akande, appeared to confirm Osibanjo’s approval of the controversial contracts awarded by the Nigerian National Petroleum Corporation (NNPC)...
The National leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has urged President Muhammad Buhari to intervene in the feud between the...
Sources close to the Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, have revealed the reasons the NNPC boss ignored the Minister of State for...
Shehu Sani, the senator representing Kaduna Central, has advised President Muhammadu Buhari to step aside as Minister of Petroleum Resources and appoint a substantive minister instead,...
The United States’ import of Nigeria’s crude oil increased by 32.1 per cent to 52.36 million barrels in the first half of 2017 compared to the...
Nigeria received pleasant news Friday when the joint Organisation of Petroleum Exporting Countries (OPEC) and the non-OPEC Ministerial Monitoring Committee (JMMC) took a decision to extend...
Despite the lengthy but still fruitless search for oil in the country’s Lake Chad Basin which was suspended recently owing to the daring attack and abduction...
Minister of State for Petroleum Resources, Dr. Emmanuel has denied allegations of receiving bribes in exchange for juicy oil contracts. An online news medium had alleged...
The Federal Government Thursday said it had commenced plans to actualize the 100 per cent local fabrication of modular refineries in Nigeria and had entered into...
The Nigerian Petroleum Policy, which is aimed at improving efficiency in the oil industry, was on Wednesday approved at The Federal Executive Council (FEC) meeting presided...
Not less than N3.8 trillion shortfall in oil production, suffered by Nigeria, from mainly militants’ attacks and oil theft in 2016 could have reduced 2017 budget...
The Senate has warned Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to stop making false claims on the on-going process of passing into law...
The fear of a possible rise in the current price of premium motor spirit (PMS), also known as Petrol, is becoming more obvious as the price...
Barring any unforeseen development, Nigeria will stop importing refined petroleum products by 2019, so says the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu. Speaking...
Unable to meet its financial obligations in the Joint Ventures (JVs) with international oil companies in the country, the Federal Government has pulled out. Minister of...
