Category: Commerce & Industry

Lokpobiri Calls For Collaboration Among African Nations To Forstals Energy Challenges. Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has called for stronger collaboration among African nations to effectively address the continent’s energy challenges. He made the call while officially opening the Nigerian Exhibition Pavilion at the ongoing Offshore Technology Conference (OTC)…

SENATOR LOKPOBIRI ATTRIBUTES NNPCL, CAVERTON, STENABULK JV TO PRESIDENT TINUBU’S FORESIGHT IN INDUSTRY REFORMS The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, Ph.D, has lauded the Joint Venture (JV) between the Nigerian National Petroleum Corporation (NNPC), Caverton Offshore Support Group, and Stenabulk as a bold step toward enhancing shipping operations, strengthening local content,…

NIGERIA, SOUTH AFRICA STRENGTHEN ENERGY TIES TO TACKLE CONTINENTAL ENERGY DEFICIT Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri Ph.D, has emphasized that Africa must begin to look inward for sustainable solutions to its energy challenges. He stated that boosting local production capacities while retaining generated resources within the continent is key to…

  The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, on Saturday visited the Tebedaba-Brass trunkline in Brass Local Government Area of Bayelsa State following an attack by unknown vandals. The Tebedaba-Brass trunkline, now owned by Oando (formerly O and O) after its acquisition from the Shell Petroleum Development Company (SPDC), supplies crude…

Invest in Nigeria FG Tells International Oil Company Says Government has done its part, industry must match efforts with tangible investments The Federal Government has called on International Oil Companies (IOCs) operating in Nigeria to ramp up investments in the country’s oil and gas sector, emphasizing that the administration of President Bola Ahmed Tinubu has…

Host Communities Critical Stakeholders In The Oil Industry: Lokpobiri The Minister of state for Petroleum Resources (Oil), Heineken Lokpobiri, has disclosed that Host Community Trust Fund is a crucial component of the Petroleum Industry Act designed to ensure that oil and gas bearing communities benefit from the energy sector. Speaking when he granted audience with…

Lokpobiri Calls for PETROAN’s Support in Oil Sector Reforms Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has emphasized the crucial role of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) in the success of the government’s ongoing reforms in the oil sector. Hosting a delegation from PETROAN, which visited to…

Global Leaders, Industry Players Dialogue On Global, Regional Challenges And Energy Transition. Global Leaders and industry players has engaged on global regional challenges, Africa’s development and energy transition. The engagement by the leaders took place at the just concluded World Economic Forum (#WEF25) in Davos, Switzerland, In a statement issued by the Nigeria Minister of…

Tarrif Increment: Ekiti Monarch Tasks Telecommunication Providers to Improve Services The Alawe of Ilawe-Ekiti, Oba Adebanji Ajibade Alabi, AFUNTADE 1 has tasked telecommunication service providers to match their costs with good services following the recent 50 percent tarrif increment. Reacting through his Media Adviser, High Chief Ajibade Olubunmi, Oba Alabi frowned at the poor services…