Entries by AllAfrica News: Petroleum

Nigeria: U.S. Jails Ex-NNPC Executive Over $2.1m Bribe

[Daily Trust] A United States district court has sentenced Paulinus Okoronkwo, a former senior executive of the Nigerian National Petroleum Corporation, to 87 months in federal prison over a 2.1 million dollar bribery scheme linked to a Chinese oil com...

Ghana: Ghana Poised to Develop Sustainable Aviation Fuel Industry …Icao Study Reveals

[Ghanaian Times] GHANA has significant potential to establish a Sustainable Aviation Fuel (SAF) industry to help reduce carbon emissions in the aviation sector, a study by the International Civil Aviation Organisation (ICAO) has revealed.

Nigeria: NNPC to Begin Export of New Crude Oil Grade in March

[Daily Trust] The Nigerian National Petroleum Company Limited (NNPCL) says it will start exporting a new light, sweet crude grade called Cawthorne from March.

Nigeria: Executive Order – NUPENG Demands Clarity On Jobs, Local Content

[Daily Trust] The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) is seeking clarification on job security concerning President Bola Tinubu's recent Executive Order directing the restructuring of oil and gas revenue remittances to the Feder...

Nigeria: Stock Market Gains N8.14trn On Buy Interest in MTN Nigeria, Dangote Cement

[This Day] The domestic stock market maintained its bullish trajectory last week, appreciated by N8.14trillion in its Week-on-Week (WoW) performance over strong buying interest in MTN Nigeria Communications Plc, Dangote Cement Plc, among others

Nigeria: Ex-Senator Lists Role in Resource Control Struggle, Warns Against Akwa Ibom Losing Oil Wells

[Premium Times] Mr Akpanudoedehe revisited the 76 oil wells controversy, accusing a federal committee of compromise, warning Governor Eno against losing the wells.

East Africa: Eacop Project Hailed for Prioritizing Environmental Conservation

[Daily News] Tanga -- THE East African Crude Oil Pipeline (EACOP) project has been praised for prioritising environmental conservation at all stages of the project's implementation, particularly the protection of biodiversity in all areas along the pip...

Africa: June Take-Off of Energy Bank Raises Africa’s Oil and Gas Future

[Daily Trust] Last week's handover of the $5billion African Energy Bank Headquarters in Abuja, represents a significant milestone and historic match to energy security and sustainability in Africa.

Nigeria: Presidency Slams PENGASSAN Over Criticism of Tinubu’s Executive Order On NNPCL Revenue

[Leadership] The Presidency has defended President Bola Tinubu's Executive Order halting revenue deductions by the Nigerian National Petroleum Company Limited (NNPCL) and other agencies, insisting that the directive was rooted in constitutional provisi...