Entries by AllAfrica News: Petroleum

Nigeria: Amid Drop in Global Crude Oil Price, FCCPC Warns Marketers Against Exploiting Consumers

[This Day] Executive Vice Chairman/Chief Executive, Federal Competition and Consumer Protection Commission (FCCPC), Mr. Tunji Bello, yesterday warned operators in the downstream petroleum sector against exploiting consumers by refusing to reflect the s...

Rwanda: Geoscience Laboratory Set for Commercial Launch in September

[New Times] The Rwanda Mines, Petroleum and Gas Board plans to launch commercial operations at its Geoscience Laboratory in September, with testing and certification revenues expected to make the facility fully self-sustaining within three years.

Angola: MPs Reject Urgent Debate On Rising Oil Prices

[ANGOP] Luanda -- Members of the National Assembly rejected, on Thursday (25), a request for an urgent debate regarding the rise in the price of the barrel of oil on the international market, as well as the alleged fuel shortage at service stations acr...

Nigeria: Dangote Refinery Refutes Alleged Fuel Export-Reimport Framing As Illogical

[Premium Times] Dangote Petroleum Refinery has dismissed allegations that its petroleum products are exported to Lomé, Togo, and subsequently re-imported into Nigeria, describing the act as false and inconsistent with commercial realities.

Nigeria: Nigerian Airlines Now Depend On Bank Loans As Fuel Costs Soar – Onyema

[Premium Times] Onyema's comments come barely five days after the Dangote Petroleum Refinery announced a reduction in the gantry price of aviation fuel (Jet A1) to N1,450 per litre, highlighting the continued tension between fluctuating fuel costs and ...

Nigeria: Fuel Supply – NMDPRA Grants New Import Permits to Seven Oil Marketers

[Vanguard] Nigeria's downstream petroleum regulator has approved a fresh round of fuel import permits for major oil marketers as concerns grow over domestic supply level.

Uganda: VP Alupo, Nabbanja Lead Cabinet Visit to Kingfisher Project in Kikuube As Uganda Nears First Oil

[Nile Post] A high-level Government delegation led by Vice President , Maj. (Rtd.) Jessica Alupo, and the Prime Minister, Robinah Nabbanja, has visited the Kingfisher Development Area in Kikuube District to assess progress towards Uganda's first oil.

Africa: Cabinet Impressed By Progress of Oil Projects and AFCON Infrastructure in Bunyoro

[Nile Post] Cabinet ministers, Permanent Secretaries and heads of government agencies have concluded an inspection tour of key oil, gas and Africa Cup of Nations 2027 projects in the Bunyoro sub-region, expressing satisfaction with the pace of implemen...

Nigeria: Aradel Holdings Records N699.4bn Financial Growth in Fy 2025

[This Day] Aradel Holdings Plc, Nigeria's leading integrated indigenous energy company has announced its audited results for the twelve months ended 31 December 2025, which showed financial record of N699.4 billion revenue growth in FY 2025, up from N5...