Entries by AllAfrica News: Petroleum

Nigeria: Govt Set to Tackle Regulatory, Bureaucratic Challenges – Minister

[Vanguard] In a bid to boost non-oil exports, the Federal Government, FG, has said it is set to tackle regulatory and bureaucratic issues that are driving up cost of exports, making Nigerian goods uncompetitive in the global market.

Nigeria: How Nigeria Struggles to Raise Crude Oil Production – Investigation

[Vanguard] ·2024 Average Condensate output falls 11.6% to 211,401 bpd·Average oil output declines 3.9% to 1.177m bpd·Energy transition hindering funding -- Experts·NUPRC, others move to enhance output·Future looks bright -- Ana...

Nigeria: Nigerians Were Living ‘Fake Good Life’ With Fuel Subsidy – Tinubu

[Leadership] President Bola Tinubu has stated that Nigerians were living a "fake good life" before the removal of the fuel subsidy, a decision he said was necessary to prevent the country from plunging into economic crisis.

Nigeria: Nigerians Living Fake Good Life Before Fuel Subsidy Removal – Tinubu

[Daily Trust] President Bola Tinubu has said Nigerians were living a good life that was fake and capable of leading the country into a total economic collapse before his administration came on board to remove the fuel subsidy.

Nigeria: LNG – Shell Starting Arbitration Hearings With Venture Global, Says CEO

[Vanguard] Shell is starting arbitration hearings over the supply of liquefied natural gas from Venture Global's Calcasieu Pass facility, Shell CEO Wael Sawan said recently, according to a Reuters report.

Nigeria: Port Harcourt Refinery ‘Ll Discourage Monopoly in Petrol Market – Fani-Kayode

[Vanguard] Former Aviation Minister, Chief Femi Fani-Kayode, has said the fixing of Port Harcourt Refinery would discourage monopoly in the sale of refined petroleum products in Nigeria.

Nigeria: AP Unveils Oil Blending Plants to Boost Lubricant Production

[Leadership] Ardova Plc (AP), has set a new benchmark in the lubricants market with the unveiling of its state-of-the-art lubricant oil blending plant (LOBP).

Malawi: Why Chakwera’s Govt-to-Govt Fuel Import Arrangement Is a Game Changer for Malawi

[Nyasa Times] In a bid to stabilize Malawi's fuel supply, the government has unveiled a new government-to-government (G2G) arrangement for importing fuel, which experts say promises to offer more favorable terms than the current open tendering system. ...

Rwanda: What Next As Rwanda Moves to Phase Out Fuel-Run Motos

[New Times] The government plans to stop registering petrol-powered motorcycles for public transport in the City of Kigali from January 2025 in a move aimed at only considering electric motorbikes for such a business.

Ethiopia: Severe Gasoil Shortages Prompt Amhara Region to Enforce Weekly Fuel Quota

[Addis Standard] Addis Abeba -- Drivers in the Amhara region are facing a severe gasoil shortage, prompting the regional government to implement a weekly quota system.