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Tag "Ibe Kachikwu"

We have NOT unbundled NNPC, says Kachikwu

    We have NOT unbundled NNPC, says Kachikwu

Ibe Kachikwu, minister of state for petroleum resources, says the federal government has not unbundled the Nigeria National Petroleum Cooperation (NNPC). Speaking with state house correspondents on Wednesday, Kachikwu said

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Nigerian crude hits all-year high at $36

    Nigerian crude hits all-year high at $36

Nigerian crude oil, bonny light, is currently trading at an all-year high of $35.76 per barrel, the Central Bank of Nigeria (CBN) has confirmed. Bonny light, which opened the year

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FG to split NNPC into 30 ‘profitable’ companies

    FG to split NNPC into 30 ‘profitable’ companies

Ibe Kachikwu, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the company is to be unbundled into 30 profit-making companies. Kachikwu, who also doubles as the state

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NNPC, MOMAN send out more fuel trucks to ease scarcity

    NNPC, MOMAN send out more fuel trucks to ease scarcity

The Nigerian National Petroleum Corporation (NNPC) says it has stepped up collaboration with the Major Oil Marketers Association of Nigeria (MOMAN) to end fuel queues in some major cities in

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Buhari to hold special prayer for Nigeria in Mecca

  Buhari to hold special prayer for Nigeria in Mecca

President Muhammadu Buhari will begin a weeklong official visit to Saudi Arabia and Qatar on Monday, and hold a special

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Bad news for Nigeria as Saudi, Russia agree to freeze oil output

  Bad news for Nigeria as Saudi, Russia agree to freeze oil output

Crude oil prices have been on the rise in the past 24 hours, settling at $34 on Tuesday. This rise

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Kachikwu: Serving Nigeria costs me $1m yearly

  Kachikwu: Serving Nigeria costs me $1m yearly

Ibe Kachikwu, minister of state for petroleum resources, has revealed that his acceptance to serve the country cost him “at

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FG ‘to save’ $1bn by ending crude oil swaps

  FG ‘to save’ $1bn by ending crude oil swaps

The Nigerian government will suspend its policy of exchanging crude oil with refined petroleum products from foreign suppliers, Ibe Kachikwu,

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Kachikwu: At $20, Nigeria’ll still make oil profits

  Kachikwu: At $20, Nigeria’ll still make oil profits

Ibe Kachikwu, minister of state for petroleum resources, says Nigeria is producing a barrel of crude oil at an average

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With oil at $25, Kachikwu hits out at Saudi

  With oil at $25, Kachikwu hits out at Saudi

Ibe Kachikwu, former president of the Organisation of Petroleum Exporting Countries (OPEC), says Saudi Arabia’s insistence on keeping market share in

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