Minister of state for petroleum resources, Ibe Kachikwu, on Monday met with Claudio Descalzi, the Chief Executive Officer of one of the major International Oil Companies operating in Nigeria.
Minister of State for Petroleum, Ibe Kachikwu, has revealed the ministry’s plans for Nigeria’s Petroleum sector in 2017, assuring that the Petroleum Industry Bill, PIB, will be passed into law and the nation’s refineries revamped.
Minister of State for Petroleum Resources, Ibe Kachikwu, has been summoned by the Senate to explain the details of the deals which the minister claimed was entered into between Nigerian and Chinese governments on the one hand, and the Indian government on the other.
President Muhammadu Buhari has inaugurated the board of the Nigerian National Petroleum Corporation, NNPC, calling on the members to ensure decency and transparency in the management of the nation’s oil industry.
Suspected Niger Delta militants have again bombed a state-run oil pipeline at Batan, a community close to the southern port city of Warri, the second attack within a week.
The highly anticipated Petroleum Industry Bill, PIB, has passed the second reading at the floor of the Nigerian Senate. The bill was subsequently referred to the senate committee on petroleum (upstream and downstream) for more legislative work.
