Entries by AllAfrica News: Petroleum

Nigeria: Interest Rate Hike in September Done in Anticipation of Fuel Price Increase – Cardoso /in /by

[Premium Times] Mr Cardoso explained that CBN anticipated the price increase and used the interest rate hike to cushion its inflationary impact.

Nigeria: Lokpobiri – Majority of Nigeria’s Oil Pipelines Obsolete, Won’t Deliver Fuels to Destinations /in /by

[This Day] ·Seeks FRSC's partnership to curb tanker accidents

South Africa: SARS to Engage Fuel Industry On Shortage of Jet Fuel /in /by

[SAnews.gov.za] The South African Revenue Service (SARS) says it will engage with the fuel industry to avert the shortage of jet fuel, known as kerosene.

Nigeria: Use Oil Wealth for Nigerians’ Welfare – World Bank to Govt /in /by

[Leadership] The World Bank Group has urged the Nigerian government to redirect its oil wealth to benefit all citizens, not just the elite.

Nigeria: Petrol Price Hike Inflicting Pains On Nigerians, Not Fair, Obi Tells Tinubu /in /by

[This Day] Abuja -- The presidential candidate of the Labour Party (LP) in the 2023 general election, Mr. Peter Obi, has stated that the hike in the price of petrol has inflicted pains on Nigerians, stressing that it was "draconian" of President Bola T...

Nigeria: Pains and Gains of Fuel Price Hike /in /by

[This Day] The latest move towards a total deregulation of petrol pricing and removal of subsidy by the Bola Tinubu administration which has led to another upward price adjustment by the Nigerian National Petroleum Company Limited portends positive and...

Nigeria: New Petrol Pump Price Raises Cost of Living Crisis /in /by

[Leadership] The hike in petrol prices from N897 to N1,030 per litre is exacerbating Nigeria's already dire economic situation.

Nigeria: Oil Spillage – Two Nigerian Communities Secure Major Legal Victory Against Shell in UK /in /by

[Premium Times] The Court of Appeal decision cleared the way for the case presented by the Bile and Ogale communities of Rivers State to proceed to a full trial, which will likely involve the disclosure of crucial internal Shell documents.

Nigeria: Nigeria’s Oil Paradox and Quest for Refined Salvation /in /by

[This Day] Blessed beyond measure, Nigeria has black gold running in its earth's veins. Crude oil, the lifeblood of economies and a passport to prosperity flows deep beneath the surface, yet a troubling paradox persists above ground.