The Minister of State for Petroleum Resources, Ibe Kachikwu has revealed that there will not be an open bidding for refineries’ repair.
Continue reading »WHY THERE WON’T BE OPEN BIDDING FOR NIGERIA’S REFINERIES – KACHIKWU
Tag: Oil and Gas
CHINESE FIRM TO BUILD KADUNA REFINERY, SOURCE CRUDE FROM NIGER REPUBLIC
Kaduna State government has signed agreement with a Chinese company to build a refinery in the state, which will use crude oil from Niger Republic via a 400-kilometre pipeline from Niger to Kaduna.
Continue reading »I’LL ‘WALK’ IF NIGERIA CONTINUES OIL IMPORT IN 2019, KACHIKWU VOWS
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said he would resign if Nigeria continues to import oil by 2019.
Continue reading »EXXONMOBIL, PENGASSAN AGREE TO RESOLVE DISPUTE
The Petroleum and Natural Gas Senior Staff Association of Nigeria and a subsidiary of United States-based ExxonMobil Corporation, Mobil Producing Nigeria Unlimited, have reached an agreement to end a dispute over the sacking of some employees.
Continue reading »REPS URGES PORT-HARCOURT REFINERY TO IMPROVE ON PETROL PRODUCTION
The House of Representatives Ad-hoc Committee on Review of Pump Price of Petrol has urged the Port-Harcourt Refining Company (PHRC) to improve on 3.523 million litres of petrol (Premium Motor Spirit) produced per day.
Continue reading »LAGOS COMMISSIONS IBILE OIL & GAS OFFICE
Lagos State government said a foundation has been laid for improved energy supply across the State with the official opening of Ibile Oil and Gas Office in Ikoyi, Lagos, assuring that the State Government is now prepared to harness the economic benefits of its oil and gas sector.
Continue reading »OANDO SECURES FG’S APPROVAL FOR 500MW POWER PLANT IN KWALE
Oando Plc has said that it has secured federal government’s approval to build a 500Mega Watts, Mw, power plant in Kwale, Delta State that will cater for additional 20 per cent of the nation’s power needs.
Continue reading »EXXONMOBIL CRISIS DEEPENS AS OIL WORKERS THREATEN SHELL, CHEVRON, TOTAL
The picketing of Mobil Producing Unlimited, an affiliate of ExxonMobil, continued on Thursday with oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) threatening to escalate the crisis to Shell, Chevron and Total by the weekend.
Continue reading »ILLEGAL OIL REFINERY OPERATORS POSITION TO KEY INTO FG’S MODULAR REFINERY POLICY
Illegal oil refineries operators in the creeks of the Niger Delta are now making moves to legalise their operations by positioning themselves to key into the establishment of modular refineries in each state of the region as promised by the federal government.
Continue reading »FED GOVT PLEDGES SUPPORT FOR ABU’S MINI-REFINERY PROJECT
Chief Ogbonaya Onu, the Minister of Science and Technology, on Friday, assured the Ahmadu Bello University (ABU), Zaria of the Federal Government’s support for its mini refinery project.
Continue reading »OPEC WANTS ‘COLLECTIVE EFFORTS’ TO COUNTER US OIL OUTPUT
OPEC said Thursday that oil producers needed to make more joint efforts to match supply and demand in the oil market in the face of rising output in the United States.
Continue reading »NIGER DELTA INDIGENES GIVE TERMS FOR MODULAR REFINERIES’ TAKEOFF
— Want 100% funding of projects by govt — Seek 50% investment of 13% derivation funds in schemes — They’re alternatives to illegal refining, says govt The proposed investments in community-based modular refinery projects across oil-bearing states of the Niger Delta will become a pipedream unless government reviews its model to accommodate divergent interests among youths in the region, according […]
Continue reading »