Entries by AllAfrica News: Petroleum

East Africa: Chubb Becomes the 30th Major Insurer to Reject the East African Crude Oil Pipeline (EACOP)

[350Africa.org] Kampala, Uganda -- The East African Crude Oil Pipeline (EACOP) faces more challenges as Chubb, one of the world's largest fossil fuel insurers, confirmed it will not provide insurance coverage for the controversial project. This decisio...

Nigeria: 83 Firms Get Refining Licences As Petrol Imports Drop – NMDPRA

[Daily Trust] The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has disclosed that the government has approved refining licenses to about 83 companies with a combined total refin...

Nigeria: Trump’s Tariffs, Global Oil Volatility Harming Nigeria’s Economy – NMDPRA

[Vanguard] Abuja -- ·Says drop in prices good for consumers, hurting govt revenue·As PMS import drops by/ 30m litres in/ 8/ months·11 licensed plants refining 1.12 million bpd

Nigeria: Trump’s Erratic Policies Responsible for Fall in Crude Oil Price – Nigerian Regulatory Agency

[Daily Trust] Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has disclosed that the recent tariff policies by US President, Donald Trump, is responsible for the recent slump in gl...

Nigeria: Narto Lauds Appointment of Technocrats to NNPC, Seeks Sustenance of Local Refineries

[This Day] Abuja -- The Nigerian Association of Road Transport Owners (NARTO) at the weekend lauded President Bola Tinubu for his recent appointment of a seasoned technocrat, Bayo Ojulari, as the Chief Executive Officer of the Nigerian National Petrole...

East Africa: African Civil Society Urges Oman Against EACOP Support as East Africa Trade Expo Kicks Off

[350Africa.org] Just one day before the Oman East Africa Trade and Investment Expo opens in Muscat on April 16, over 70 civil society organisations (CSOs) from Uganda, Tanzania, the Democratic Republic of Congo, and beyond have published an open let...

Nigeria: What President Tinubu Must Do to Grow Nigeria’s Non-Oil Export (1)

[Premium Times] "The policies relating to aggressive promotion of non-oil export are aimed at growing non-oil export through the creation of demand for Nigerian products."

Nigeria: Despite Decline, Nigeria’s Oil Production Tops Africa’s Chart in March – OPEC

[Daily Trust] The Organisation of the Petroleum Exporting Countries (OPEC) report has indicated that Nigeria retained its position as the largest crude oil producer in Africa in March.

Kenya: Petrol, Diesel, Kerosene Prices Down Nearly Sh2 in Latest EPRA Review

[Capital FM] Nairobi -- Prices of super petrol, diesel, and kerosene have been reduced by about Sh2 per liter for the next month in the latest Energy & Petroleum Regulatory Authority (EPRA) review.

Nigeria: Oil Tarred Ogoniland – Now Nigeria Wants to Drill Anew

[Thomson Reuters Foundation] What's the context? To boost declining crude output, Nigeria wants to resume drilling in oil-wrecked communities