Dr. Ibe Kachikwu Archives

Nigerian refineries remain idle as Govt 90-day deadline approaches

By Femi ASU LAGOS-NONE of the nation’s four refineries of 445,000 barrels per day combined capacity has come back on stream few days to the end...

Oil9 years ago

Demand for OPEC Crude Expected to Rise by 1.2 mbpd

By Yemie ADEOYE LAGOS-THE demand for OPEC crude is expected to rise by 1.2 million barrels per day to average 30.8 million barrels per day for...

Gas9 years ago

Nigeria Re-affirms Commitment to Gas Exporting Countries Forum

By Yemie ADEOYE TEXAS-NIGERIA has assured the Gas Exporting Countries Forum, GECF, of its continuous support as it struggles to surmount the challenges that the global...

Oil9 years ago

Oil marketers pledge cooperation with NNPC to end fuel queues in Nigeria

By Yemie ADEOYE ABUJA-THERE are high indications that the noticeable fuel queues in major cities across the country may soon be a thing of the past following...

Oil9 years ago

NNPC Requires $500m to fix the country’s refineries- Kachikwu

…plans to increase the nation’ s crude production to 3M bpd by 2016 By Yemie ADEOYE LAGOS– THE Nigerian National Petroleum Corporation (NNPC) has announced that the sum of...

Finance9 years ago

Reforms:NNPC remits $607.8 million to Federation account, publishes financial and operational report

By Yemie ADEOYE ABUJA-IN line with its earlier pledge to open up the books of the Nigerian National Petroleum Corporation, NNPC for public scrutiny and ensure a...