Nigeria’s energy leaders are seeking investment opportunities abroad as labour unrest at home continues to disrupt the country’s refining sector. Minister of Petroleum Resources (Oil), Heineken Lokpobiri, Minister of State for Gas, Ekperikpe Ekpo, Minister of Power, Adebayo Adelabu.. The Read More
Operators demand tariff increase to stave off N6tr gas debt
Oil and gas operators have raised the alarm over Nigeria’s electricity and gas pricing structure, warning that failure to adopt cost-reflective tariffs could leave the country’s gas-to-power sector with a crippling N6 trillion debt burden, especially if generation expands to Read More
PTDF partners Scottish universities to drive knowledge transfer in Nigeria
The Petroleum Technology Development Fund (PTDF) has strengthened its commitment to advancing local capacity in Nigeria’s oil and gas sector by forging strategic partnerships with two leading Scottish institutions: Robert Gordon University (RGU), Aberdeen, and the University of Strathclyde, Glasgow. Read More
Lokpobiri lauds crude oil production gains offshore Bayelsa
Nigeria’s quest to boost crude oil production is making significant strides, as the Abigail Joseph Floating Production Storage and Offloading (FPSO) facility, operated by the NNPCL-First E&P Joint Venture on OML 83/85, ramps up output. During an inspection offshore Bayelsa Read More
Lokpobiri invites investors with oil sector reforms at Africa Energy Week
At Africa Energy Week 2024 in Cape Town, South Africa, Senator Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources (Oil), championed Nigeria as a premier destination for energy investments in Africa. With nearly 30 per cent of Africa’s oil Read More
Lokpobiri clarifies directive to NNPCL on refinery operations
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has clarified the statement made on his behalf in directing the Nigerian National Petroleum Company Limited (NNPCL) to stop operating its refineries and focus solely on equity participation in other refineries. Read More
Fuel smuggling from Nigeria to neighbouring countries unlikely to end — Minister
The Federal Government has acknowledged that fuel smuggling from Nigeria to neighbouring countries is a persistent issue that may never be fully eradicated. Speaking at the 2024 Energy and Labour Summit in Abuja, Minister of State for Petroleum Resources, Heineken Read More
Nigeria explores options as oil production crisis persists
Nigeria is exploring options to increase crude oil production amidst challenges facing producing companies in the country. The Minister of State for Petroleum (Oil), Heineken Lokpobiri, said the plan to ramp up production remains on course. The post Nigeria explores options Read More
Nigeria seeks collaboration against attacks on oil, gas infrastructure
Nigeria is in a strategic move with leaders of the oil-producing region to douse security tension and ensure the safety of oil and gas infrastructure, especially pipeline assets. The post Nigeria seeks collaboration against attacks on oil, gas infrastructure appeared Read More