Entries by AllAfrica News: Petroleum

Nigeria: Oil Prices Plunge 6 Percent As Middle East Ceasefire Eases Supply Fears

[Leadership] Oil prices tumbled by six per cent this week after a ceasefire agreement between Iran and Israel sharply reduced concerns about potential supply disruptions from the Middle East.

Nigeria: Dangote’s N720bn CNG Drive to Save Nigerians N1.7trn – Official

[Premium Times] The initiative is also poised to significantly benefit over 42 million Micro, Small and Medium Enterprises (MSMEs) by reducing energy costs and enhancing profitability.

Nigeria: Disruptions Loom in Oil, Gas Sector Over Helicopter Landing Fee

[Leadership] Disruption looms in the nation's oil and gas sector as the Nigerian Airspace Management Agency (NAMA) is set to deny flight clearances and possibly shut down non-compliant oil and gas companies operating in the country over non-payment of ...

Nigeria: NNPC Alleges ‘Coordinated Sabotage Campaign’ Against Its Leadership

[Premium Times] The NNPC said this group is actively spreading lies and misinformation simply to discredit its leadership and derail the organisation's ongoing transformation efforts.

Nigeria: FG Moves to Enforce $300 Helicopter Levy As IOCs Get 7-Day Ultimatum

[Daily Trust] There is an imminent showdown between the federal government and international oil companies (IOCs) and the operators of floating production storage and offloading (FPSO) in Nigeria following a seven-day ultimatum for the remittance of th...

Nigeria: Cautious Optimism As Crude Oil Prices Drop Below $70 After Iran-Israel Ceasefire

[Daily Trust] Oil prices dropped dramatically yesterday after a ceasefire was agreed between Israel and Iran, putting a pause to 12 days of tension in the Middle East.

Somalia: Somalia Eyes Energy Breakthrough – Petroleum Authority to Unveil Survey Results in July As Oil Production Nears

[Radio Dalsan] Mogadishu, -- In a significant move that could reshape the nation's economic trajectory, the Somali Petroleum Authority (SPA) has confirmed it will publicly release the results of its long-awaited petroleum surveys in July. The announcem...

Zambia: Zambia Runs On Mostly Green Power, but Households Use Polluting Cooking Fuel – Study Suggests How to Fix This

[The Conversation Africa] Zambia, like many African countries, is facing a crisis over clean cooking fuel. Over 80% of the population still relies on polluting fuels like charcoal and firewood. This exposes families to toxic indoor air, deepens poverty...

Egypt: Petroleum Minister Oversees Progress of Energos Power Fsru for Egypt’s Gas Grid

[Egypt Online] Minister of Petroleum and Mineral Resources Karim Badawi conducted an inspection tour On Tuesday, June 24, 2025, at the "Tahya Misr" berth in the Alexandria Port to check the progress of the "Energos Power" Floating Storage and Regasific...