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Kachikwu – Two Modular Refineries Set For Inauguration In December

Kachikwu - Two Modular Refineries Set For Inauguration In December       The Federal Government has said that two of the 38 modular refineries granted licences to operate in the Niger Delta region will be completed and ready for inauguration by December this year. It noted that the...

FG To Firms- “Cut Oil Production Cost Or Stop Producing”

FG To Firms- "Cut Oil Production Cost Or Stop Producing"   The Federal Government on Tuesday charged crude oil-producing companies operating in Nigeria to either cut down the cost of producing the commodity or allow it to remain in the ground. The government stated that while the...

Kachikwu -Nigeria can’t Regain Lost US Oil Export Market

Kachikwu -Nigeria can’t Regain Lost US Oil Export Market   The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said Nigeria has forever lost the United States as a significant crude export market. “That’s gone,” Kachikwu was quoted by Platts to have said during a...

Petrol pump price may no longer be sustainable – Kachikwu

Minister of State for Petroleum, Dr Ibe Kachikwu, has denied news reports that the Federal Government was planning to jack up the pump price of petrol, at present fixed at N145 per litre. Idang Alibi, the Director of Press in the ministry in a statement...

Kachikwu reiterates FG’s commitment to revamp refineries

Kachikwu reiterates FG’s commitment to revamp refineries The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the Federal Government is working assiduously to revamp the country’s refineries to address the problems of lingering fuel crisis. Kachikwu said this in Abuja during a one-day public...

Kachikwu, Baru Unite At Economic Summit

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu and  Group Managing Director of NNPC, Mr Maikanti Baru, have met  and discussed opportunities  to further develop the  nation’s oil and gas sector. They met in Abuja at the ongoing Nigerian Economic Summit at the...