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Tag Archives: Dr. Ibe Kachukwu

OPEC confident on rebalancing the global oil market

Ibe Kachikwu

Emerging indications from the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Mohammad Barkindo, have shown that the joint output curb is succeeding at rebalancing the global oil market. ...

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Revealed: Kachukwu/Baru rift started in 2015—BH Investigation

Kachikwu-vs-Maikanti-2

…Act establishing NNPC does not recognise Minister of State in official matters A deeper inquest into the serial insubordination meted to the Minister of State for Petroleum, Dr. Ibe Kachukwu ...

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Free yourself, appoint full-fledged Petroleum Minister, Sani tells PMB

Shehu sani

More dimensions are still emerging on the recent leakage of official petition written to President Muhammadu Buhari by the Minister of State for Petroleum and Chairman of NNPC Board, Dr. ...

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Fresh indices point to chances of selling nonperforming refineries by NNPC

Ibe K

The growing show of poor performance by refurbished refineries has become a leeway for the Nigerian National Petroleum Corporation (NNPC) to continue to press for their sales to private operators. ...

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Why FG introduced N61bn local content intervention fund

Ibe K

The Minister of State for Petroleum Resources, Dr. Ibe Kachukwu has explained that the key target of the inauguration of $200m, about N620bn local content intervention fund, saying the   Federal ...

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Conflicting statistics trending in Nigeria’s oil exploration, production worrisome

Ibe K

Only last week, a Senator, Ms. Stella Odua called for a reliable metering system that will help determine the exact volume of all oil output and sales in the country, ...

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Good news for 2017 budget as oil price jumps to $53 a barrel

After two days of decline, Brent crude LCOc1, the global benchmark, on Wednesday was up 50 cents at 52.64 dollars. Analysts say the trend is good for the Nigerian economy ...

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Dangote refinery has capacity for 70% of local demand, end imports from 2019—Ikeji

Dangote refinery

Leading oil and gas law expert and consultant, Mr. Ikechukwu Ikeji, has hinted that “All things being equal, the emerging multibillion dollar Dangote refinery will among other things, be a ...

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Why we are building world largest single line refinery in Lekki—Dangote

Dan K1

African lead investor and industrialist, Alhaji Aliko Dangote has given fresh insights on his mission in in the development of Dangote refinery in Lekki Free Trade Zone, Lagos. In his ...

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Breaking: Minister tours Dangote refinery, Lekki, seeks early completion

Dan K1

Barely 24 hours after he hinted the desire of the federal government to quit further oil exploration and; three day he signaled plans to sell off two ‘commercially unviable’ refineries, ...

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