Browsing: Minister of State for Petroleum Resources

Court adjourns suit against licensing of marginal oilfields

February 21, 2021 featured

Mkpoikana Udoma Port Harcourt — The Federal High Court in Yenagoa, Bayelsa State, has adjourned the suit seeking to halt the…

Oil marketers give govt 7-day ultimatum to settle N800bn debt

December 3, 2018 featured

OpeOluwani Akintayo 03 December 2018, Sweetcrude, Lagos — Oil marketers in the country have issued a 7-day notice to the Federal…

Nigeria to restore oil output as OPEC weighs extending cuts

April 15, 2017 featured

Kachikwu noted that Nigeria will join the OPEC measure once it has fully restored output it’s lost, which could happen as early as October or November, and meanwhile expects the counterparts to extend the cuts to keep oil prices above $50 a barrel.