Ibe Kachikwu | Doowe Gas

Nigeria Has Let Its Economic Crisis Go to Waste

The term “dead cat bounce” derives from the fact that even a dead cat will bounce if it falls from a great height. If you imagine a dead cat soaked in crude oil and dropped from a 50-storey building, you...

July 14, 2017

Green Post

Rig owners seek alternative funding for oil industry

Rig owners in Nigeria have tasked the Federal Government to implement the alternative funding stream for joint venture operations it approved in November last year.The operators regretted that the inability of government to execute the plan has further thrown the...

July 14, 2017

Green Post

‘Nigeria’s crude oil production hit 2.025mbpd in June’

• Refineries yet to secure financiers for rehabilitation • Govt approves national gas policy The Federal Ministry of Petroleum Resources has put Nigeria’s crude oil production, including condensate at 2.025 million barrels per day in June 2017.Besides, the agency said...

July 7, 2017

Green Post

Nigeria looking to gas as oil reserves set to dry up in 25yrs – Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on behalf of President Muhammadu Buhari declared on Wednesday that Nigeria’s oil reserve have been estimated to dry up in the next 25 to 30 years at most, Tribune reports. To this...

June 30, 2017

Green Post

NNPC Increases Gas Supply To Power Sector

The Nigerian National Petroleum Corporation (NNPC) has said the average daily average national gas supply to gas power plants across the Nation increased to 689 million standard cubic feet per day (mmscfd) in March 2017. The amount translates to an...

June 12, 2017

Green Post

‘Nigeria’s oil output will remain low’

Nigeria’s oil production would remain down throughout the first quarter of 2018, if the restiveness in the Niger Delta region is not addressed, the United States Energy Information Administration (EIA) has warned. The agency, in a report on its website,...

June 5, 2017

Green Post

BPE Oblivious of Agip/Oando Planned Concession of P’Harcourt Refinery

The Bureau of Public Enterprises (BPE) is ignorant of the proposed rehabilitation and operation under a concession arrangement of the 210,000 barrels per day (bpd) Port Harcourt Refinery by oil firms – Nigeria Agip Oil Company (NAOC) and Oando Plc,...

May 24, 2017

Green Post

Nigeria’s Q1 refinery output boosted by Niger Delta peace -NNPC

YENAGOA, Nigeria May 17 (Reuters) – Nigeria’s refineries processed 10 million barrels of crude oil in the first quarter, more than they did for the whole of 2015, after talks with militants reduced attacks on facilities, the head of the...

May 17, 2017

Green Post

Nigeria will start refining oil before 2019 – Kachikwu

The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, has announced that oil companies in the country will start refining crude on or before 2019. The minister made this known while speaking with state house correspondents shortly after meeting...

May 10, 2017

Green Post

Nigeria lost N523 billion to gas-flaring in two years

‘Local content policy attracts N1.8tr investment’ The Federal Government has lost N523 billion to gas-flaring between 2015 and 2016, data from the Department of Petroleum Resources (DPR) and Nigerian National Petroleum Corporation (NNPC) has shown. While DPR figures showed $850...

May 8, 2017

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Tag: Ibe Kachikwu

Nigeria Has Let Its Economic Crisis Go to Waste

Rig owners seek alternative funding for oil industry

‘Nigeria’s crude oil production hit 2.025mbpd in June’

Nigeria looking to gas as oil reserves set to dry up in 25yrs – Kachikwu

NNPC Increases Gas Supply To Power Sector

‘Nigeria’s oil output will remain low’

BPE Oblivious of Agip/Oando Planned Concession of P’Harcourt Refinery

Nigeria’s Q1 refinery output boosted by Niger Delta peace -NNPC

Nigeria will start refining oil before 2019 – Kachikwu

Nigeria lost N523 billion to gas-flaring in two years

GAS SUPPLY CRISIS IN NIGERIA MAY CAUSE WORKERS’ DISMISSAL.

THE NNPC AND ITS POSSIBLE IMPACT ON NIGERIAN ENERGY.

THE THRIVING LAGOS FUEL SCARCITY DILEMMA

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