Investors’ confidence back in Nigeria’s oil sector – Lokpobiri on NUPRC regulatory feat

Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has stated that investor confidence has returned to the country’s oil and gas industry. This development, he noted, is largely due to the impressive regulatory achievements of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) over the past four years. Lokpobiri made the remark during […]

APC Suspends Minister Heineken Lokpobiri and Key Figures for Alleged Anti-Party Activities

In a significant move, the All Progressives Congress (APC) has suspended Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, alongside David Lyon, who was the party’s candidate for the Bayelsa governorship in 2019. This decision comes amid allegations of anti-party activities and is part of the party’s effort to address internal conflicts and […]

Reuben Abati Criticizes Minister of State for Petroleum, Heineken, Over Claims of $50 Billion Oil Sector Investment in Nigeria

In a recent press conference in Abuja, Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum, announced that the country is expecting $50 billion in investments in the oil sector by December. He emphasized that the government is addressing concerns from both local and foreign investors. Lokpobiri also mentioned ambitious plans to increase oil production to […]

NNPC Struggles with Funding for Pipeline Repairs, Minister Heineken Lokpobiri Reports

In a recent statement at the Energy and Labour Summit 2024, Heineken Lokpobiri, the Minister of State for Petroleum Resources, addressed a significant concern facing Nigeria’s oil sector: the lack of funds for repairing the country’s aging pipelines. The summit, organized by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja, […]