…Urges players to strengthen Nigerian banks with funding By Emmanuel Atokolo The Federal Government has revealed plans to revoke licenses of unutilized oil well owners. The Oil and Gas sector has in recent times been plagued with crises ranging from…
The Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri has attributed the low crude oil production in the first quarter of the year to issues with the Trans-Niger pipeline and maintenance activities by some oil companies. The Minister in…
The Federal Government has said that none of the International Oil Companies (IOCs) doing business in Nigeria has left as being insinuated. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, gave the clarifications during the inauguration of the ongoing…
The Minister of State for Petroleum, Heineken Lokpobiri, has reaffirmed the nation’s commitment to the membership of the Organisation of Petroleum Exporting Countries (OPEC) after Angola, Africa’s second-largest oil producer exited the cartel. Mr. Lokpobiri disclosed this in a statement…
The Federal Government through the Minister of Petroleum Resources (Oil), Heineken Lokpobiri has argued that divestments by foreign companies in the oil and gas industry presents opportunities for strategic partnerships and capacity building of indigenous players. The country has recorded…
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has pledged his full support for the expansion plans of Waltersmith Refinery. The Minister made this pledge during his official visit to the Waltersmith Refinery located in Ibigwe, Imo State.…
Heineken Lokpobiri, Minister of state for Petroleum resources (oil) has warned that the country will revoke the licenses of modular refinery license holders who are non-active since approved to operate. The Minister made this known while fielding questions from journalists…
The federal government announced that it would leverage cleaner energy to promote environmentally-conscious industries, such as renewable energy, electric vehicles, and sustainable agriculture as part of its energy transition strategy. It said the industries, in turn, will provide opportunities for…
A former Deputy National Publicity Secretary of the All Progressives Congress (APC), Hon. Yekini Nabena, has urged the public to disregard media reports suggesting that the Minister of State for Petroleum, Heineken Lokpobiri, and 2019 governorship candidate, David Lyon, are…
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has commended the Nigerian Content Development and Monitoring Board (NCDMB) for its intervention in the construction of the proposed Centre for Skills Development and Training (CSDT) at Omagwa, Ikwerre Local…
