Entries by AllAfrica News: Petroleum

Nigeria: Govt Begins Review of PIA to Address Structural Challenges /in /by

[Leadership] The federal government has commenced a review of the Petroleum Industry Act (PIA) to address structural and fiscal challenges affecting revenues accruing to the Federation.

Kenya: Traffic Snarl-Up On Mombasa Road After Fuel Tanker Collides With Container Lorry /in /by

[Capital FM] Nairobi -- There was a traffic snarl-up after a fuel tanker collided with a trailer and burst into flames on Mombasa Road, Athi River.

Nigeria: Tension Over Subsidy Removal Has Reduced, Says Better Days Lie Ahead – Tinubu /in /by

[This Day] President Bola Tinubu has said the tension occasioned by subsidy removal has subsided, noting that at one time many Nigerians had thought his administration could reverse the subsidy removal.

Nigeria: Tinubu to Propose Amendment to PIA – Senate Committee /in /by

[Premium Times] The committee explained that the drive to enhance revenue generation through the executive order would prompt the president to propose the necessary amendments to the Petroleum Industry Act.

Nigeria: Subsidy Removal, Fx Unification Restoring Market Integrity – Uzoka-Anite /in /by

[Leadership] The minister of state for finance, Dr. Doris Uzoka-Anite, has credited the removal of the fuel subsidy and the unification of the foreign exchange market for restoring integrity to Nigeria's economic framework and laying the foundation for...

Nigeria: Oil Theft – Tantita Donates Command & Control Centre to NSCDC, Says 15 Personnel Killed /in /by

[Vanguard] ABUJA -- No fewer than 15 personnel of the Nigeria Security and Civil Defence Corps NSCDC have lost their lives over the years while fighting oil theft in the Niger Delta.

Nigeria: Petrol Price Drops to ₦1,034.76 in January Amid Sustained Decline /in /by

[Vanguard] Nigeria's average retail price for Premium Motor Spirit (PMS) fell to ₦1,034.76 in January 2026, continuing a downward trend that has seen consumers pay less for petrol both year-on-year (YoY) and month-on-month (MoM).

Liberia: LPRC Applauds Senator Dillon for Legislative Step to Strengthen Petroleum Sector /in /by

[FrontPageAfrica] Monrovia -- The Management of the Liberia Petroleum Refining Company (LPRC) has expressed its heartfelt appreciation to Montserrado County Senator Abraham Darius Dillon for accepting to partner with it in introducing the Proposed Act ...

Liberia: LPRC Clarifies Petroleum Revenue Collection Framework, Refutes Report of Mismanagement /in /by

[FrontPageAfrica] Monrovia -- The Liberia Petroleum Refining Company (LPRC) has categorically denied allegations circulating on social media accusing the company of collecting and mismanaging Government of Liberia (GOL) taxes.

Nigeria: U.S. Court Sentences Ex-NNPC Official to 87 Months Over $2.1m Oil Bribery Scandal /in /by

[Premium Times] Mr Okoronkwo, a dual citizen of the United States and Nigeria, previously served as General Manager of the Upstream Division of the NNPC