Ibe Kachikwu | Egypt Oil & Gas

Nigeria to Disclose New Investors for NNPC’s Refineries

The Nigerian Minister of State for Petroleum announced that the federal government will disclose the new investors that will be managing the country's state-owned refineries.

Nigeria Mulls Extending Exemption from OPEC Deal

Nigeria’s exclusion was due to the production challenges that the country was facing after the militant attacks on the country's oil facilities.

Nigeria to Stop Importing Fuel by 2019

Nigeria will stop importing refined petroleum products by 2019.

Nigeria Plans to Export Fuel by 2019

Nigeria's Minister of State for Petroleum, Ibe Kachikwu, disclosed federal government’s intention to export refined petroleum products by 2019, after building three new refineries in Kaduna, Port-harcout and Warri.

Nigeria to Increase Petrol Price, Considering Privatisation

Nigeria would review the price of Premium Motor Spirit –PMS, also known as petrol– in May, while Minister of State for Petroleum Resources hinted on a possible privatisation of the sector as lasting solution to its f ...

Nigeria Breaks Up National Oil Company Into 7 Units

The Nigerian National Petroleum Corporation, NNPC, has been unbundled into seven independent operational units by President Muhammadu Buhari, in attempt to restructure the company trying to recover its financial loss ...

Nigeria to Restructure State Oil Giant to Make it Profitable

Nigeria is set to split its giant state-run National Oil Company into 7 independent units -before it was said the split would be into 30 units– in an effort to improve efficiency in the wake of the oil price crash.

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