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Reps okays Petroleum Industry Governance Bill

* Summons Kachikwu, Baru, PPPRA boss over fuel subsidy payments * Approves Maritime University The governance aspect of the Petroleum Industry Bill (PIB) that provides for transparency and international best practices was on Wednesday passed by the House of Representatives. The report was laid on Tuesday, before the House by the ad-hoc committee Chairman, Hon […]
Energy News

NNPC: NUPENG to Kachikwu, allegations political

The Petroleum Tanker Drivers’ branch of the National Union of Petroleum and Natural Gas, (NUPENG) has described the ongoing supremacy battle between the Minister of State for Petroleum, Ibe Kachikwu and the Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC) Dr Maikanti Baru, as deeply political, therefore calling for caution. Kachikwu in a […]
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Crack in Buhari’s Govt as Kachikwu writes President over Baru

…Accuses NNPC GMD of Illegalities, Insubordination …Petroleum Ministry replies says letter was leaked to press Ganiyu Obaaro, Lagos, Idu Jude Abuja, with Agency Report In what appears as a crack in the administration of President Muhammadu Buhari, two key officials of his government are currently at each other’s’ jugular over subterranean issues. The two
News

Kachikwu assures local oil firms of support

Minister of State for Petroleum Resources Dr. Ibe Emmanuel kachikwu, has said that his major priority in the petroleum industry, includes creating an enabling template for the survival of the local oil industries. The minister of state for petroleum, said this, while witnessing the signing of memorandum of understanding ceremony Thursday in Abuja between local […]
Energy

Kachikwu dissociates self from campaign posters

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has washed his hands off some campaign posters purportedly linked to him. A statement by the office of the minister said, “Our attention has been drawn to fake campaign posters of the Honourable Minister of State for Petroleum Resources Dr. Emmanuel Ibe Kachikwu for the 2019 […]
Business

Kachikwu unfolds FG’s 2017 plan for oil sector

The Minister of State for Petroleum Resources, Ibe Kachikwu, yesterday unfolded the Federal Government’s plan for the oil sector in 2017, including passing the long-overdue Petroleum Industry Bill and overhauling of the refineries. In a statement, the minister said oil and gas policies will be restructured for maximum productivity, which will improve revenue generation by