Entries by AllAfrica News: Petroleum

Nigeria: Nigeria’s Offshore Oil, Gas Production Industry Projected to Hit $47bn By 2031 /in /by

[This Day] Abuja -- The value of Nigeria's offshore oil and gas production market will grow from the $34.18 billion in 2023 to $47.03 billion by 2031, a new market research has found.

Nigeria: Jigawa Tanker Explosion – Northern Govs, Dangote, Offor, Donate Over N1b to Victims /in /by

[Premium Times] Mr Yahaya said the 19 northern states collectively donated N50 million each to Jigawa state to help the families of the deceased victims and alleviate the suffering of the injured ones following the explosion.

Nigeria: Jigawa Tanker Explosion… 109 Victims Given Mass Burial, 54 Hospitalised /in /by

[Leadership] Majiya village of Taura local government area in Jigawa state and the entire state was thrown into confusion and mourning following a petroleum tanker explosion which resulted in the death of over109 persons.

Nigeria: Lokpobiri Directs Nmdpra to Investigate Fatal Tanker Explosion in Jigawa /in /by

[Vanguard] The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has instructed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to initiate a thorough investigation into the recent petrol tanker ...

Malawi: Is Govt Planning to Raise Fuel Prices Again? /in /by

[Nyasa Times] The Malawi Energy Regulatory Authority (MERA) has announced that it is reviewing fuel pump prices to better align them with the actual landing costs of petroleum products.

Egypt: Egypt Raises Fuel Prices By Up to LE 2 in Third Increase of 2024 /in /by

[Egypt Online] Ministry of Petroleum announced an increase in diesel and gasoline prices by up to LE 2 for the third and final time in 2024, effective from Friday 18/10/2024.

Nigeria: Fiscal Crisis…Subsidy Removal, Naira Float Saved Nigeria – World Bank /in /by

[Leadership] The World Bank Group has stated that Nigeria would have entered a fiscal crisis worse than the current situation if the federal government had not taken the bold steps of removing fuel subsidies, floating the currency, and adjusting electr...

Ghana: Exploration of Resources – Ghana’s Crude Oil Production Dips …Piac Observes, Calls for Urgent Attention /in /by

[Ghanaian Times] A member of Public Interest and Accountability Committee (PIAC), Mr Constantine K. M. Kudzedi, has warned that Ghana must act quickly to address the steady decline in crude oil production.

Nigeria: Dangote As Nigeria’s Most Valuable Brand /in /by

[This Day] In the midst of the debate over the operations of Dangote Refineries and the expectation that it would be the messiah for Nigerians as the market contends with fluctuating prices of petroleum products, Top 50 Brands Nigeria rankings, has ann...