The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has called on the Nigerian National Petroleum Company Limited (NNPCL) to boost oil production significantly by the end of the year.
The Federal Government has cautioned oil-rich communities against infighting and disruption of oil production, as it could hinder their access to the Host Community Development Fund.
The Nigerian Navy will commence the second phase of Operation Delta Sanity (OPDS II), as the Nigerian government plans to intensify its war on crude oil theft next year.
The Federal Government of Nigeria has reportedly approved the sale of onshore assets of the Shell Petroleum Development Company (SPDC) to Renaissance Africa Energy Company Limited, a local oil and gas consortium,
The Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri has said that Nigeria will maximise fossil fuel resources and disregard global campaigns for energy transition and reduction of carbon emissions.
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has addressed concerns about the potential exit of international oil companies (IOCs) such as Shell, ExxonMobil, and Eni, following ongoing divestment deals.
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has said TotalEnergies, an international oil major, is prepared to complete an investment deal in the North Offshore project as well as other joint ventures with Shell Petroleum Development Company (SPDC) and the Nigerian National Petroleum Company Limited.
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has announced that the FPSO facility in Lagos, a joint venture between NNPC Limited and Century Nigeria Limited, is nearing completion and will soon contribute an additional 40,000 barrels per day to Nigeria’s crude oil production.
The Minister of Petroleum (Oil), Heineken Lokpobiri, has said the country is expecting an impressive sum of $50 billion investment in the oil sector.
The Minister of State for Petroleum Resources (oil) Sen. Heineken Lokpobiri has stated that the availability of supply of petrol prices will result in the stability of prices across the country.
The federal government has set up a committee to resolve the issue of supply to local refineries, including Dangote refinery.
The State Minister of Oil, Heineken Lokpobiri, has insisted that the country is producing 1.7 million barrels of crude oil daily including condensates.
