The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu and the Group Chief Executive Officer of Oando Plc, Mr. Wale Tinubu …
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Meanwhile, the NNPC, SNEPCo, ExxonMobil, Total and the other partners will take the FID on …
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Dr. Ibe Kachikwu, Minister of State, Petroleum Results were mixed across the financial markets this week. Equities continued their bearish trend, while yields on treasury bills continue to drop in tandem with inflation. Crude oil prices hit a new high.
Here is an extensive look into how the...
The President and cabinet members were shocked by the issues raised by the minister of state of Petroleum, Dr. Ibe Kachikwu in the explosive leaked memo.
According to The Nation, the President has scheduled a fact finding session with the Minister.
A source confided in The Nation that: “This...
The Nigerian National Petroleum Corporation, NNPC, is in the final stage of signing $6 billion deal with local and international traders to exchange about 330,000 barrels per day (bpd) of crude oil for imported petrol and diesel.
The deals, which were previously referred to as offshore crude...
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President Muhammadu Buhari is currently reviewing the application of 13 per cent derivation allocation to the oil producing states, says Minister of state for Petroleum Resources, Dr. Ibe Kachikwu.
Kachikwu, who disclosed this in Abuja during an interview with journalists shortly after the...
The Federal Government has commenced the release of Premium Motor Spirit (PMS) known as petrol to Independent Petroleum Marketers Association of Nigeria (IPMAN).
This is contained in a statement issued by Mr Lawson Ngoa, the Secretary, IPMAN Reconciliation Committee, on Sunday in Abuja.
It...
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