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Ministry of Petroleum Resources

President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Francis Olabode Johnson, has passes on.

Petroleum ministry mourns Francis Johnson

The Ministry of Petroleum Resources has expressed deep sympathy with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on the demise of its president, Mr Francis Olabode Johnson.
Kola Ologbondiyan

PDP charges President Buhari to probe alleged N14 trillion graft before May 29

The People’s Democratic Party (PDP), yesterday, charged President Muhammadu Buhari to probe alleged graft of N14 trillion that reportedly occurred in his administration, before the May 29 handover date, if he has nothing to hide.
The Manufacturers Association of Nigeria (MAN) has kicked against denomination of price of gas in US dollars and worried that price of gas has become major source of conflict between members and the gas franchisers.

Pricing gas in dollars worries manufacturers

The Manufacturers Association of Nigeria (MAN) has kicked against denomination of price of gas in US dollars and worried that price of gas has become major source of conflict between members and the gas franchisers.

Justice Tanko, Ibe Kachikwu canvass training for judiciary on oil, gas sector

Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, and Justice Ibrahim Muhammad, the Acting Chief Justice of Nigeria (CJN), on Monday advocated constant training of judicial officers on oil and gas matters for effective adjudication and development of the sector.

PDP: President Buhari government borrowed N12 trillion in three years

The Peoples Democratic Party (PDP) has claimed that the President Muhammadu Buhari-led Presidency borrowed a total of N12.27 trillion within three years and without any significant development project on which the money was invested.
President Buhari presides over Federal Executive Council (FEC) December-2

Ministers lobby for retention in next federal cabinet

Uncertainty now surrounds the constitution of the next federal cabinet by President Muhammadu Buhari who sources say is keeping All Progressives Congress (APC) governors, ministers, associates and loyalists guessing on who are likely to be part of his team.

Over 800 firms bid to stop gas flaring

Over 800 firms have bidded to stop gas flaring in Nigeria, said the Ministry of Petroleum Resources on Thursday.

Governor Dickson takes environmental campaign to IOCs, others

Governor Seriake Dickson of Bayelsa State has urged international oil companies (IOCs) and regulatory bodies in the oil industry to embrace the campaign against environmental degradation in the Niger Delta.

NNPC: President Buhari’s re-election will guarantee refinery revamping

The Nigerian National Petroleum Corporation (NNPC) says the re-election of President Muhammadu Buhari will help to facilitate the revamping of the nation’s refineries.

Nigeria’s crude oil production falls to 1.999m bpd

Nigeria’s crude oil production including condensate has taken a dip, falling to 1.999 million barrels per day in January from 2.081 million bpd in December, figures from the Ministry of Petroleum Resources has revealed.

Oil output drops as price stagnates

There are indications that threat to Nigeria’s N8.83 trillion 2019 budget is increasing from the oil revenue estimates as current reports show a decline in oil production level amidst price stagnation.

Local content: Federal government launches ‘Project 100’ to empower local firms

The Federal Government on Thursday launched a new programme, tagged ‘Project 100’, to promote 100 indigenous entrepreneurs in the oil and gas sub-sector of the economy.
Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu

Ministry clarifies process of oil, gas lease renewal

The Ministry of Petroleum Resources says there are no sharp practices in the on-going renewal of oil and gas leases as claimed by the House of Representatives.

Federal government moves to monitor daily consumption of petrol

The Federal Government yesterday said it has taken measures to end the guess work on the millions of litres of Petroleum Motor Spirit (PMS) used daily in the county.

Federal government spends N11.52 billion to fix 87km oil pipeline

Federal Government’s oil revenues slashed by N11.52 billion used for the protection and repairs of 87-kilometre Trans Forcados crude oil pipeline in the Niger Delta in 60 days, document shows
Vice President, Prof. Yemi Osinbajo, has restated that he is an advocate of fiscal federalism, stronger state governments and state police.

PANDEF: Yemi Osinbajo frustrating development in Niger Delta

Pan-Niger Delta Forum, PANDEF, the umbrella body of traditional rulers, leaders and stakeholders of the Niger Delta region has accused the Vice President, Prof Yemi Osinbjo of causing confusion in the Niger Delta region with his purported abandonment of the Strategic Implementation Work Plan, SWIP, for development of the oil and gas-rich region.

NEC, FAAC approve $1.05bn NLNG dividends for fuel subsidy

The National Economic council (NEC) and the Federation Allocation Accounts Committee (FAAC) have approved the use of Nigeria Liquiefed Natural Gas dividends for financing of the petroleum products importation.

Court strikes out corruption suit against Ibe Kachikwu

Reprieve has come the way of the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, following the striking out of a suit seeking an order of mandamus to compel anti-corruption agencies in the country to investigate and prosecute Kachikwu for various alleged infractions in the declaration of assets.

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18 states to benefit from World Bank projects in 2020

Eighteen states in Nigeria will benefit from the Rural Access and Mobility Project (RAMP), a Word Bank Programme in Nigeria by 2020.

Lebanese president seeks US participation in domestic oil, gas projects

Lebanese President Michel Aoun on Monday called on the U.S. to take part in oil and gas exploration in Lebanon, the Presidency’s website reported.
Rafael Nadal adds to his rich French Open history.

Rafael Nadal: I’m not obsessed about Roger Federer’s record

Rafael Nadal took sole ownership of one record when he claimed a 12th French Open on Sunday, but says matching Roger Federer’s 20 Grand Slams haul will not become an obsession.
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Africa Cup of Nations debutants Mauritania name squad

French head coach Corentin Martins has called-up experienced forwards Moulaye Ahmed Khalil and Ismael Diakhite as well as youngsters Mohamed Dellah Yali and El Hacen El Id who plays for Real Valladolid in Spain for the competition.
Femi Gbajabiamila

APC NWC, governors, members-elect endorse Senator Lawan, Rep Gbajabiamila

The National Working Committee of the All Progressives Congress met with governors and members of the National Assembly elected on the platform of the party on Monday in Abuja to endorse candidates for positions of the Senate President, Speaker and their deputies.