The Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri at the weekend asked illegal operators to emulate the model of the ongoing Ebenco Global Link Limited refinery in Koko, Delta State to replicate other modular refineries.

Heineken Lokpobiri, minister of state for petroleum resources (oil) has called for renewed global investment in oil and gas infrastructure.

President Bola Tinubu yesterday declared that Africa’s $120 billion worth of hydrocarbon resources must be made to benefit the continent and its people.

Tinubu to Commission $400m Crude Export Terminal in Rivers   President Bola Tinubu is scheduled to inaugurate the $400m Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, the first new crude export facility to be built in Nigeria in over 50 years. The...

FG Woos Investors with $5.5bn Oil Asset Sale, 200,000bpd Production   The Federal Government has said recent divestments by International Oil Companies have added about 200,000 barrels per day to Nigeria’s crude production, boosting efforts to stabilise the sector. Minister of State for Petroleum Resources (Oil), Senator...

Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said that Nigeria’s oil production rose to 1.8 million barrels per day, from 1 million, adding that the goal is to reach 2.5 million bdp, as American companies are already showing strong interest in investing in Nigerian oil blocks.