FG Sets Up Committee to Resolve Dispute on Domestic Crude Supply to Refineries The Minister of State for Petroleum Resources (oil), Heineken Lokpobiri, says the federal government has set up a committee to resolve the dispute on domestic crude supply to the Dangote refinery and...

Minister Advocates PPP to Tackle Oil Pipeline Vandalism The Federal Government has called for public-private partnerships to fix the old pipelines in order to tackle pipeline vandalism. The Minister of State for Petroleum Resources, (Oil), Heineken Lokpobiri, stated this at the just concluded Energy and Labour...

FG Meets Stakeholders to Resolve Dangote Refinery Impasse   The honourable minister of state petroleum, Senator Heineken Lokpobiri, in a decisive move to address the ongoing challenges plaguing the Dangote Refinery, has convened a high-level meeting with key industry stakeholders. The crucial gathering took place with the...

Petrol: Oil Marketers Project N700bn Monthly Subsidy With a landing cost of N1,117 per litre for Premium Motor Spirit, popularly called petrol, the monthly subsidy on the commodity has increased to about N707bn, oil marketers projected on Monday. It was also gathered that as the Dangote...

Nigeria to Host $5bn African Energy Bank Nigeria has been granted the hosting right for the $5bn African Energy Bank after beating Ghana, Benin Republic, Algeria, South Africa and Cote d’Ivoire in a keenly contested bidding. The Minister of State, Petroleum Resources (Oil), Heineken Lokpobiri, told...

IOCs to Invest $20bn in Petroleum Sector – Lokpobiri The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, on Monday, announced that about $16.6bn investments had been committed to Nigeria’s oil and gas sector in the past one year. He spoke in Abuja while providing...