Entries by AllAfrica News: Petroleum

Ghana: Springfield Rejects $100m Fraud Claims By Petraco – Threatens Defamation Suit /in /by

[Ghanaian Times] Springfield Exploration and Production Limited (SEP) has rejected what it described as "false and unfounded" allegations stemming from a petition reportedly submitted by Petraco Oil Company SA to the Economic and Organised Crime Office...

Nigeria: Again, Dangote Refinery Reduces Petrol Price /in /by

[Premium Times] Despite the recent rise in crude oil prices, which pushed both Brent and West Texas Intermediate (WTI) crude to their highest closing levels since June 23, the Dangote Refinery has maintained its commitment to price stability.

Gambia: Gambia Generates Over $60 Million From Oil Exploration Licenses in Eight Years /in /by

[Foroyaa] The Gambian government has reported a significant boost in revenue from oil exploration licenses, generating a total of USD $60,346,263 over the past eight years. This revenue has come from three main license holders since 2017, according to ...

Nigeria: Dangote Refinery to End Crude Importation By Year-End – Report /in /by

[Leadership] The Dangote Refinery may end crude oil import as it considers sourcing the entire crude required for the 650,000-barrel-per-day refinery capacity in-country.

Nigeria: Gas Sector Attracted $16bn Investments in 2 Years – NUPRC /in /by

[Daily Trust] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stated that the Gas sector attracted investments worth $16bn in the past two years.

Ethiopia: Ethiopia to Begin Commercial Gas Production Soon /in /by

[Ethiopian Herald] ADDIS ABABA -- Ethiopia will begin extracting and supplying natural gas to the market for the first time in the near future, Prime Minister Abiy Ahmed (PhD) announced during the 42nd regular session of the House of People's Represent...

Nigeria: Dangote Refinery Slashes Ex-Depot Price By N40 /in /by

[Leadership] The Dangote Refinery has reduced its ex-depot price of premium motor spirit (PMS) by N40, bringing the new price to N840 per litre.

Nigeria: Oil Theft – Govt Creates 37 New Evacuation Routes for Crude Oil /in /by

[Vanguard] The federal government has created 37 new evacuation routes for crude oil to tackle oil theft and spur production.