Entries by AllAfrica News: Petroleum

Nigeria: Rights Group Asks Akpabio to Reveal Suspect Names in Alleged N210trn Missing Funds

[Leadership] The Socio-Economic Rights and Accountability Project (SERAP) has urged Senate President Godswill Akpabio to instruct the Public Accounts Committee to disclose the names and titles of all officials linked to the alleged missing N200 trillio...

Nigeria: Dangote Refinery Sells PMs Cargoes to Cote d’Ivoire, Cameroon, 3 Others

[Daily Trust] The Dangote Petroleum Refinery has strengthened Nigeria's presence in the regional energy market with the sale of 12 cargoes, totalling 456,000 tonnes (456KT) of refined petroleum products.

Nigeria: Oil Theft – Niger Delta Stakeholders Want Pipeline Security Decentralised

[Daily Trust] Stakeholders under the Niger Delta Roundtable have called on President Bola Ahmed Tinubu to decentralise pipeline surveillance contracts, warning that the current centralised model is failing to curb oil theft and is costing Nigeria billi...

Zimbabwe: Senator Riled Over Fuel Price Hikes By ZERA, Says Zimbabwe Blends Fuel With Ethanol Hence Prices Must Be Affordable

[New Zimbabwe] A member of the Senate has blasted authorities for increasing fuel prices twice in less than two weeks.

Nigeria: Nigerians’ Woes Deepen As Petrol Hits N1,400/L

[Daily Trust] The steady rise in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, has intensified economic hardship across Nigeria, with prices climbing to nearly N1,400 per litre in several parts of the country, triggering wides...

Nigeria: Dangote Nears Refinery IPO in Deal That Could Reshape Nigerian Market

[Daba Finance] Dangote Group has appointed Stanbic IBTC Capital, Vetiva Capital Management and FirstCap to lead the planned initial public offering of its refinery business on the Nigerian Exchange.

Zimbabwe: Senator Challenges Impact of Global Wars On Zimbabwe Fuel Costs

[263Chat] Zanu PF's Uzumba Maramba Pfungwe (UMP) Senator Jerry Gotora has questioned why fuel prices remain high in the country, arguing that existing local production and infrastructure should be helping to keep costs down.

Nigeria: Reps Committee Warns of Fuel Scarcity, Price Hike in 48 Hours

[Leadership] The House of Representatives Committee on Petroleum Resources (Downstream) on Thursday warned that Nigeria could face a fresh wave of fuel scarcity and rising petrol prices if urgent steps are not taken within 48 hours to address crude sup...

Zimbabwe: Zimbabwe Fuel Costs Among Highest in the Region – MPs Demand Clarity From Energy Minister

[New Zimbabwe] PARLIAMENT has demanded that the Minister of Energy and Power Development, July Moyo deliver a ministerial statement following a spike in fuel prices.

Nigeria: 50 Oil Blocks – NUPRC Notifies Pre-Qualified Applicants

[Daily Trust] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the completion of the pre-qualification stage of the 2025 Licensing Round.