Entries by AllAfrica News: Petroleum

Nigeria: What Hike in Oil Prices Means for Nigeria – Analysts /in /by

[Daily Trust] Oil prices have sustained an upward rally as Brent Crude hit $76.10 per barrel, raising hope for higher reserves accretion, stable naira and elevated dollar liquidity, Daily Trust can report.

Nigeria: Aiyedatiwa Approves N33.8bn Budget for Osopadec /in /by

[Vanguard] Ondo state governor, Dr Lucky Aiyedatiwa, has approved N33.8 billion budget for the state intervention agency, the Ondo State Oil Producing Areas Development Commission (OSOPADEC).

Africa: Israel-Iran Conflict – Crude Oil Prices Drop to $73pb As Tension Eases /in /by

[Vanguard] The price of crude oil, yesterday, dropped marginally to $73 per barrel from $74 per barrel in the international market as the Israel-Iran conflict tension eases.

Rwanda: Rwanda, Opec Fund Sign $300m Deal On Irrigation, Solar Power, Aviation /in /by

[New Times] Rwanda and OPEC Fund for International Development, an intergovernmental development finance institution of petroleum exporting countries, have signed a $300 million partnership framework to support key sectors including agriculture and foo...

Nigeria: Marketers Kick Over Dangote’s Fuel Distribution Plan /in /by

[Daily Trust] The announcement by Dangote Refinery and Petrochemical Limited to commence fuel distribution directly to marketers, filling stations nationwide is causing disquiet in the oil and gas industry with some marketers fearing the move could dis...

Nigeria: Lagos Govt, Marketers’ Dispute Threatens Fuel Distribution Nationwide /in /by

[Daily Trust] There is an imminent disruption in fuel supply following the failure of petroleum marketers and truck owners to lift products at Dangote Refinery and Lekki Seaport, Daily Trust can report.

Nigeria: Dangote Refinery Launches Fuel Distribution Initiative /in /by

[Premium Times] Effective 15 August, the company said it will begin distributing petrol and diesel to marketers, dealers, manufacturers, telecoms firms, aviation, and other large users nationwide. Keywords: Dangote Refinery

Liberia: STAND Condemns President Boakai’s Decision to Bypass Legislative Approval in Granting Oil Blocks to Nocal /in /by

[FrontPageAfrica] Monrovia -- The pressure group, Solidarity & Trust for a New Day (STAND) has strongly condemned President Joseph Boakai's decision to unilaterally award four oil blocks to the National Oil Company of Liberia (NOCAL), calling ...

Nigeria: Experts Task NNPCL On Transparency in Oil, Gas Sector /in /by

[Daily Trust] Following the release of its April operational report, stakeholders and experts have emphasised the need for the Nigerian National Petroleum Company Limited (NNPCL) to go beyond infographics to detailing audited figures for transparency i...