Entries by AllAfrica News: Petroleum

Africa: Oil Prices Fall After Us Captures Venezuelan Leader /in /by

[This Day] Abuja -- Oil prices fell yesterday as adequate global supplies offset concerns about supply disruptions due to the US capture of Venezuelan President Nicolas Maduro in an audacious raid over the weekend.

Nigeria: Dangote Refinery Dismisses Shutdown Claims /in /by

[Premium Times] In a statement released on Monday, the refinery emphasised that production remains ongoing, stable, and uninterrupted.

Nigeria: What Does Dangote Really Want? /in /by

[Premium Times] "There is no doubt that the coming into the market by Dangote Refinery will upend rules, traditions, and conventions as the industry has known it, as what Dangote has done in setting up such a massive refinery is to disrupt the industry...

South Africa: Retail Fuel Prices At the Pump to Fall From Wednesday /in /by

[Daily Maverick] Fuel prices are a key driver of inflation in South Africa and not just because of their impact on motorists. In the price pipeline they have a material effect on transport and energy costs which ripple through the value chain to consum...

Nigeria: Elumelu, Seplat, and the Price of Owning the Oil /in /by

[This Day] Some deals announce themselves by size alone. Others matter because of who is finally holding the pen. Late December delivered both. Barely two weeks after raising $750 million from Afreximbank, Heirs Energies quietly acquired a 20.07 per ce...

Nigeria: Shareholders Commend Dangote’s Transformational Impact On Nigeria’s Economy /in /by

[This Day] Shareholders have said the commitment of President of Dangote Group, Aliko Dangote to investing in Nigeria has a transformational impact on the Nigerian economy with visible positive multipliers on the lives of average Nigerians.

Ghana: Ghana to Reduce Petrol Imports From Nigeria As Tema Refinery Restarts Operations /in /by

[Leadership] The volume of petrol required by Ghana from Nigeria may drop significantly as the country's state-owned 45,000 b/d Tema refinery has resumed operations after suffering being inoperative since April 2021.

Nigeria: Despite General Price Slump, Average Fuel Cost Exceeds N1,000/Litre Nationwide /in /by

[This Day] Abuja -- In spite of a significant general decrease in fuel prices in the country, Nigeria's market remained under acute strain in November 2025 as average retail costs of both petrol and diesel stayed stubbornly high, reinforcing pricing pr...