Entries by AllAfrica News: Petroleum

Kenya: EPRA Maintains Prevailing Petrol, Diesel and Kerosene Prices for Third Month /in /by

[Capital FM] Nairobi -- The prices of Super Petrol, Diesel, and Kerosene remain unchanged following the latest review announced by the Energy and Petroleum Regulatory Authority (EPRA).

Ghana: Kosmos Energy Pledges $2bn Investment …in Ghana’s Petroleum Sector – Energy Minister /in /by

[Ghanaian Times] Kosmos Energy is set to invest $2 billion in its upstream operations in Ghana, significantly enhancing the country's petroleum sector.

Nigeria: NNPC Slashes Petrol Pump Price to N910/Litre in Abuja /in /by

[Vanguard] The Nigerian National Petroleum Company (NNPC) Limited has reduced the price of Premium Motor Spirit (PMS), also known as petrol, to N910 per litre from N935 per litre in Abuja.

Nigeria: Govt Sues Pan Ocean for $49.9m in Unpaid Oil Royalties /in /by

[This Day] The federal government has reignited its legal battle against Pan Ocean Oil Corporation (Nigeria) Limited over the alleged non-payment of $49,936,088.31 in oil and gas royalties, concession rentals, and gas flaring penalties.

Nigeria: World Bank Urges Full Transfer of Subsidy Removal Revenues to Federation Account /in /by

[This Day] The World Bank has called for the complete transfer of revenue gains from the total removal of fuel subsidy into the Federation Account. It said despite the full subsidy removal in October 2024, Nigerian National Petroleum Company Limited (N...

Nigeria: NNPCL to Resume Kolmani Drilling in Northeast /in /by

[Daily Trust] Two years after the launch of crude oil drilling at the border of Bauchi and Gombe states, the new head of Nigeria's National Petroleum Company Limited (NNPCL), Bayo Ojulari, has announced plans to resume operations.

Nigeria: NNPC to Resume Oil Drilling in Northern Nigeria, Speaks On Feud With Dangote Refinery /in /by

[Premium Times] Mr Ojulari also said the NNPC has resolved the feud between the NNPC and the Dangote refinery.

Nigeria: Despite Mounting NPLS, Nine Banks’ Exposure to Oil & Gas Increase to N15.6trn /in /by

[This Day] Amid growing Non-Performing Loans (NPL) and unstable global oil prices, a total of nine banks' exposure to the Oil & gas sector increased to N15.6 trillion in 2024, representing about 94.4per cent increase from N10.17 trillion repor...