News - Kachikwu

Kachikwu Expects OPEC Supply Cut To Last Till Year-end

4 months ago /

Nigeria’s Minister of State For Petroleum Resources, Emmanuel Ibe Kachikwu said on Sunday that he hoped the supply cut agreement between the Organization Of Petroleum Exporting Countries, OPEC and non-OPEC members would be extended until year-end.

FG Turns To Renewable Energy To Improve Power Supply

4 months ago /
Politics 

Vice President Yemi Osinbajo says the federal government of Nigeria would not relent in its efforts to improve the country’s power sector, including providing off-grid solutions such as renewable energy in order to rapidly grow and transform the nation’s economy.

NNPC And Foreign Oil Companies Joint Venture Partnership

4 months ago /
Nation 

Minister of State for petroleum Ibe Kachikwu says the joint venture partnership between foreign oil companies, the Nigerian government and the NNPC have continued to improve over the years.

CJN Tanko Mohammed Tells Oil And Gas Litigants To Seek Alternative Dispute Resolution

4 months ago /
Judiciary 

The acting Chief Justice of Nigeria, CJN justice Tanko Mohammed has told Nigeria’s top judicial officers to insist that litigants seeking court intervention in oil and gas related cases should seek alternative dispute resolution.

No IOC Is Leaving Nigeria, Says Ibe Kachikwu

5 months ago /
Nation 

Nigeria’s Minister of State for Petroleum Resource, Ibe Kachikwu, says no International Oil Company, IOC, is planning to exit Nigeria contrary to reports.

Minister Assures Of Availability Of Fuel, Warns Against Panic Buying

5 months ago /
Nation 

The minister of state for petroleum resources, Ibe kachikwu, on Sunday assured Nigerians that there is sufficient Premium Motor Spirit (PMS), also known as a fuel in the country.

Nigeria Loses $1bn Yearly To Gas Flaring

5 months ago /
Nation 

The Nigerian government has said that gas flaring, the burning of gas that is the by-product of oil production, costs it roughly one billion dollars a year in lost revenue.

Osinbajo Counsels Youths On Virtues Of Integrity, Hard Work

8 months ago /
Nation 

Vice President Yemi Osinbajo has called on Nigerian youths to imbibe the virtues of integrity and hard work, noting that they are key instruments to achieving success.

FG To Reconfigure Cross River As Oil Producing State

9 months ago /
Nation 

The Federal government has assured the government and people of cross-river state of its plan to reconfigure the state as an oil producing state.

Port Harcourt Refinery Gets Financier, Says NNPC

10 months ago /
Nation 

The Nigerian National Petroleum Corporation, NNPC, has said that some of the financing companies it approached to revamp the country’s refineries have shown interest in Port Harcourt refinery.

Buhari Calls For Calm Ahead Of 2019 Elections

11 months ago /
Nation 

President Muhammadu Buhari is calling for calm among Nigerians ahead of the 2019 general elections.

President Buhari Heads To China

1 year ago /
Nation  Politics 

President Muhammadu Buhari will Friday depart for China to participate in the 7th Summit of the Forum on China-Africa Cooperation (FOCAC) scheduled to hold September 3 - 4, 2018 in Beijing.

Oshiomhole Reconciles Warring Delta APC Leaders

1 year ago /
Politics 

The national Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole on Tuesday met with the warring members of the party in Delta State stressing the need for total reconciliation so as to achieve victory in the forthcoming 2019 general elections.

Deadlock Over NNPC Revenue Remittance Lingers

1 year ago /
Nation 

The controversy over remittance by the Nigerian national petroleum corporation, NNPC into the federation account has continued to delay may allocation to the three tiers of government.

Cost Of Oil And Gas Production To Determine New Projects - Kachikwu

1 year ago /
Nation 

Nigeria’s Minister of state for petroleum resources Emmanuel Kachikwu says reducing the cost of crude oil production will soon become major criteria for approving new projects for companies.

Plan For A World Beyond Oil – Osinbajo Tells African Oil Producing Countries

1 year ago /
Business and Economy  

Vice President Yemi Osinbajo has urged oil producing countries in Africa to make deliberate plans for a world beyond oil.

NNPC Denies Existence Of Royalty Payment For Alesa-Eleme

1 year ago /
Niger Delta 

The management of the Nigerian National Petroleum Corporation, NNPC, has dismissed insinuation of an approved 36 billion naira compensation said to be due to Alesa-Eleme community in Rivers State as royalty for playing host to the  Port Harcourt refining company, a subsidiary of the corporation.

Oil Prices Hit Highest Level Since 2014

1 year ago /

U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply.

Oil Prices Hit $73.79 Per Barrel

1 year ago /

An improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts, as well as strong demand, gradually draw down excess supplies.


Nigeria Woos Investors In Liquefied Petroleum Gas

1 year ago /
Nation 

Nigeria’s Minister of State for Petroleum, Emmanuel Ibe Kachikwu, wants investors looking to invest in Nigeria’s oil and gas industry to explore the potential in the country’s Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG).


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