Entries by AllAfrica News: Petroleum

Nigeria: Opec Quota Eludes Nigeria Amid Rising Oil Output /in /by

[Vanguard] Nigeria's daily average oil production rose by 7.38 percent year-on-year in December 2024 to 1.667 million barrels per day, bpd from 1.552 million bpd, including condensate, recorded over the corresponding period in 2023.

Nigeria: Why Freezing Order Against My Accounts Is Abuse of Court Process – Nduka Obaigbena /in /by

[Premium Times] First Bank had obtained a court order restraining banks in Nigeria from dealing in all monies and assets due to Mr Obaigbena.

Nigeria: Court Blocks Nduka Obaigbena’s Accounts Over $225.8 Million First Bank Debt /in /by

[Premium Times] The court forbids all banks from dealing in all monies and assets belonging to Mr Obaigbena and General Hydrocarbons Limited.

Nigeria: Nigeria Ranks 6th African Country With Cheap Fuel Prices /in /by

[Leadership] Fuel prices across Africa in 2025 reflect a diverse energy environment influenced by local production, subsidies, and imports.

Nigeria: As We Ramp Up Petrol Supply, We Must Address Infrastructure Deficit /in /by

[Daily Trust] Nigeria in December 2024 broke an age-long jinx of perennial end-of-year shortage of petroleum products. It had become an albatross that hung on the nation over decades, usually destabilising economic and social activities. Long queues at...

West Africa: Nigeria Finally Meets Opec Quota, Lokpobiri Credits Tinubu for Increased Oil Output /in /by

[This Day] ·Minister says current govt raised production by 800,000 bpd in 18 months

Nigeria: Why We Requested N100bn From FG to Make Petroleum Products Affordable – Petroan /in /by

[Daily Trust] The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has justified its earlier request that the Federal Government authorize a N100 billion intervention fund to help stabilize the petroleum products market and mak...

Malawi: Transporters Assure Malawians – Fuel Scarcity to Ease Next Week /in /by

[Nyasa Times] Transporters Association of Malawi has assured the nation that the ongoing fuel shortages are expected to ease by late next week as significant volumes of fuel are currently in transit to Malawi.

Senegal: First Oil Export Spurs Record Quarterly GDP Growth in Senegal /in /by

[Daba Finance] Senegal's economy grew at a record pace in the third quarter of 2024 as the nation began exporting oil. Gross domestic product rose 8.9% from the previous quarter and 11.5% year-on-year. The International Monetary Fund projects the econo...