Entries by AllAfrica News: Petroleum

Nigeria: NNPC Clarifies Reports On Naira Crude Contract /in /by

[This Day] Contrary to reports that the Nigerian National Petroleum Company (NNPC) Limited has unilaterally suspended the naira-for-crude oil swap deal with domestic refiners, including Dangote Refinery and other private operators, NNPC has clarified t...

Nigeria: No Plan to End Naira-for-Crude-Oil Policy, Says Federal Govt /in /by

[Leadership] The federal government has confirmed that the Naira-for-crude-oil swap deal remains in place, countering recent reports of its termination at the end of this month.

Nigeria: Aliko Dangote Becomes New ‘Darling of the Masses’ /in /by

[This Day] Every great movie needs a hero and a villain. In Nigeria's latest blockbuster, the man in the white cape is Aliko Dangote, billionaire industrialist, while the long-time antagonist, the Nigerian National Petroleum Company Limited (NNPCL), is...

Egypt: Egypt to Build U.S.$660m Liquid, Gas Bulk Terminal At Dekheila Port /in /by

[Egypt Online] Egypt's General Authority for Alexandria Port and the Alexandria Supply Chain Company (ASCC) signed an initial $660 million concession agreement on Thursday to develop a liquid and gas bulk terminal at Dekheila Port. The project is fully...

Nigeria: Despite Full Deregulation, Marketers Still Smuggling Petrol to Neighboring Countries – Customs /in /by

[Leadership] Despite Nigeria's full deregulation of the petroleum sector, the smuggling of petrol to neighboring countries persists, according to the Nigeria Customs Service (NCS).

Liberia: Petroleum Importers Owe Liberia’s Road Fund Over U.S.$15m Since 2022 /in /by

[Liberian Investigator] Capitol Hill -- Eight major petroleum importers have racked up over $15 million in unpaid road fund levies since 2022, leaving the Liberian government struggling to recover the critical infrastructure funds amid growing concerns...

Nigeria: Ogoni Demands Licensing of Indigenous Companies As Condition for Oil Exploration /in /by

[Daily Trust] The people of Ogoni ethnic nationality have called on the federal government to grant indigenous companies of Ogoni extraction licences to drill oil.

Nigeria: Dangote Reduces Petrol Price to N825 /in /by

[Daily Trust] Marketers expressed excitement yesterday following the reduction in ex-depot price of Premium Motor Spirit (PMS) also known as petroleum by Dangote Petroleum Refinery & Petrochemicals.