Nigeria’s Ademola Adeyemi-Bero has been appointed as Nigeria’s Governor for Organisation of the Petroleum Exporting Countries (OPEC), as well as the Chairman of the OPEC Board of Governors for 2025. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said his appointment was confirmed at the 189th meeting of the OPEC Conference. In a … Read more
Simbi Wabote, the former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), has denied reports that he was arrested by the Economic and Financial Crimes Commission (EFCC). On Wednesday, reports emerged claiming that Wabote had been arrested in connection with NCDMB’s investments in a modular refinery project by Atlantic International Refinery and … Read more
The All Progressives Congress (APC) in Bayelsa State has suspended several key figures, including the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and its 2019 governorship candidate, David Lyon, over allegations of anti-party activities. Others suspended include the Commissioner for Power, Kharim Kumoko; Commissioner for Lands and Survey, Peres Biewari; former state … Read more
Vice President Kashim Shettima on Thursday held a meeting with the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, and the National Security Adviser (NSA), Nuhu Ribadu, to discuss the recent hike in petrol prices in Nigeria. The meeting, which took … Read more
The Federal Government has dismissed viral reports claiming that the Ministry of Petroleum directed the NNPCL to sell fuel at ₦1,000 per liter, above the approved pump price. A report, not attributed to The Nation, alleged that the Minister of State for Petroleum Resources, Hon. Heineken Lokpobiri, instructed NNPC to raise the fuel price to … Read more
Eko Hot Blog reports that Waltersmith Petroman Oil Limited, an Imo state-based modular refinery located at Ibigwe, Ohaji/Egbema council area has begun full production. The refinery, with a production capacity of 600 million litres of various petroleum products, is already refining and releasing 20 trucks of refined products daily. The disclosure was made when the … Read more