Entries by AllAfrica News: Petroleum

Nigeria: Broad-Based Selloffs Deepen Market Losses By N2.29trn W-O-W /in /by

[Leadership] The Nigerian equities market extended losses into a second consecutive week by N2.29 trillion on sustained selloffs in Banking, Insurance, Oil & Gas, and Industrial Goods stocks.

Nigeria: Nigeria Leads As Africa Moves to Add 1.2m Bpd Crude Oil Refining Capacity /in /by

[Daily Trust] Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil Outlook.

Angola: Border Authorities Prevent Smuggling of 2k Liters of Fuel /in /by

[ANGOP] Ondjiva -- A total 2,550 liters of fuel (gasoline and diesel) were seized on the border between the southern Province of Cunene and the Republic of Namibia by the Border Police (PGF).

Ghana: NPA Steering Committee Develops Road Map to Implement 24-HR Economy /in /by

[Ghanaian Times] The National Petroleum Authority (NPA)'s Steering Committee to spearhead the implementation of the 24-Hour Economy initiative within Ghana's downstream petroleum industry has held its first meeting on the creation of a strategic roadma...

Nigeria: Heirs Energies to Double Oil Output, Expand Growthacross Africa /in /by

[This Day] Nigerian oil producer Heirs Energies plans to double output by 2030 and is looking to expand across Africa, Chief Executive Officer, Osa Igiehon, has said.

Tanzania: Tanzania Unveils Strategic Projects to Gain From the EACOP Project /in /by

[Daily News] Geita -- THE Permanent Secretary of the Ministry of Energy, Engineer Felchesmi Mramba, has announced that among the strategic projects being implemented in the country, the Ministry of Energy is overseeing a total of seven major projects a...

Egypt: Egypt Electricity, Petroleum Ministries Coordinate to Boost Efficiency, Localise Industry /in /by

[Egypt Online] Egypt's electricity and petroleum ministers agreed on Tuesday to step up cooperation on improving power generation efficiency, reducing fuel use and localising energy-related industries, the government said in a statement.

Malawi: The Vx Land Cruiser Factor – Why Africa Is Still Poor /in /by

[Daily Maverick] Malawi works well for the elite with access to forex and inside the system; for the other 80% comprising the rural poor, squeezed between rapidly rising demography and diminishing farm plots, it's a vicious cycle of births, debt, hunge...

Nigeria: Paradoxes of Nigeria’s Crude Oil and Fuel Sector /in /by

[Vanguard] "How wonderful that we have met with a paradox. Now we have some hope of making progress" - Niels Bohr, 1885-11962

Uganda: First Oil Will Matter, but Value Retention Matters More /in /by

[Independent (Kampala)] Value retention is not just about contracts, it is about skills, jobs, and enterprise growth. More than 17,000 direct jobs have been created, alongside 39,567 indirect jobs.