Entries by AllAfrica News: Petroleum

South Sudan: ‘I Was Responsible for What Was Beneath the Surface – Not Above’ /in /by

[JusticeInfo.net] Using maps, drilling data, and technical explanations, Alexandre Schneiter, the former CEO of Lundin Oil, tried to distance himself from responsibility for war crimes around Block 5A, an oil extraction site located in a territory that...

Uganda: Insurance Consortium Fuels Uganda’s Oil Sector /in /by

[Independent (Kampala)] Kampala -- The Insurance Consortium for Oil and Gas Uganda (ICOGU) has emerged as a critical player in Uganda's rapidly evolving energy sector, providing tailored insurance solutions to address the unique risks associated with o...

Ethiopia: Govt Raises Fuel Prices By Up to 11 Birr Per Liter Amid Widespread Shortages, Black Market Surge /in /by

[Addis Standard] Addis Abeba -- The government has increased the retail price of gasoil to 112.67 birr, representing an 11% rise.

Nigeria: NNPC’s Forward Oil Sales Hit $21.5bn in Six Years, Hobble Domestic Crude Obligations /in /by

[This Day] Forward crude sales by the Nigerian National Petroleum Company Limited (NNPC), have hit $21.565 billion since 2019, a document obtained by THISDAY showed yesterday, further buttressing why it's almost impossible for the national oil company ...

Nigeria: Fubara Counters Tinubu’s Accusations, Blames Wike for Attacks On Oil Pipelines /in /by

[Premium Times] Mr Tinubu, during his proclamation of state of emergency in Rivers State on Tuesday, had accused the state governor of breaching the Supreme Court judgment and failing to ensure security in Rivers State.

Zimbabwe: Zimbabwe Ranks Third in Top 10 African Countries With the Highest Diesel Prices in March 2025 /in /by

[New Zimbabwe] Unlike last month, when diesel prices in Africa were reported to have been fluctuating, diesel prices in the continent for the current month seems stable.

Nigeria: Dangote Refinery Halts Petrol Sale in Naira, Cites Mismatch With Dollar-Denominated Crude Purchase /in /by

[This Day] Dangote Refinery has suspended the sale of its petroleum products in naira, explaining that the decision was necessary to avoid a mismatch between its sales proceeds and crude oil purchase obligations, which are currently denominated in Unit...

Nigeria: Global Gas Rejects Shell’s Announcement of Completion of Sale to Renaissance /in /by

[This Day] Abuja -- Global Gas and Refining Limited has kicked against the consummation of the Sale and Purchase Agreement (SPA) between Shell Petroleum Development Company (SPDC) and the Renaissance consortium, describing it as unacceptable.