Entries by AllAfrica News: Petroleum

Nigeria: Dangote, Pinnacle Oil Signed Deal for Product Distribution Facility

[Vanguard] At the backdrop of the recent controversy between Dangote Refinery and Pinnacle Oil & Gas Limited over petroleum products imports and distribution, it is now revealed that the two companies have existing agreement over the operation...

Nigeria: NUPENG Threatens Nationwide Strike As Naval Officers Invade Oil Platform

[Vanguard] Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has threatened a nationwide strike as Naval Special force stormed the Oritsetimeyin oil drilling rig to eject workers

Nigeria: Deregulation Not Licence to Blend Off-Spec Products, Dangote Tells Pinnacle Oil

[Vanguard] Dangote Petroleum Refinery and Petrochemicals has advised Pinnacle Oil and Gas Limited that deregulation should not be used as a justification to import off-spec petroleum products or undermine national interests.

Nigeria: Fire Destroys Chemical Tanks in Kano Coy

[Daily Trust] A fire outbreak has destroyed tanks containing inflammatory chemicals at the old North Brewery company in Bompai industrial area of Kano State.

Nigeria: Oil Marketers Seek to Dismiss Dangote Refinery’s Suit

[Premium Times] The marketers requested that the court dismiss Dangote's claims, insisting that competitive practices are essential to Nigeria's economic health and the oil sector's viability.

Nigeria: FG Secures Indian Firm’s Commitment for Offtake of Natural Gas for $4bn Steel Plant

[This Day] Abuja -- The Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has successfully secured a commitment from Jindal Group to offtake about 450 million metric standard cubic feet per day (MMscfd) of natural gas.

Ghana: Kevin Okyere-Led Springfield E&p Dominates Ghana’s Oil Sector

[This Day] Springfield Exploration and Production Limited, Ghana's first indigenous independent oil company to begin deep offshore operations, is no doubt, a household name among the country's industry players.

South Africa: Ramaphosa Signs Petroleum Bill As SA Lags Behind Neighbours in Hydrocarbon Race

[Daily Maverick] The bottom line is that there is now at least some of the regulatory clarity that investors need for the upstream sector. How all of this is administered under Gwede Mantashe, who has not shown himself to be a particularly capable admi...