Entries by AllAfrica News: Petroleum

Nigeria: NLC Demands Immediate Reversal of Fuel Price Hike

[This Day] Abuja -- Organised labour under the auspices of the Nigeria Labour Congress (NLC) has asked the federal government to immediately reverse the hike in the recent pump price of Premium Motor Spirit as well as previous increases.

Nigeria: Labour Laments New Petrol Pump Price As Queues Resurface

[Leadership] Organised labour has expressed discontent with the latest hike in fuel price, which now exceeds N1,000 per litre.

Ethiopia: Govt Raises Fuel Prices as Inflationary Pressures Warning Sounds

[Addis Standard] Addis Abeba -- In one of the most significant fuel price increases in recent years, the Ethiopian government has raised retail fuel prices by up to eight birr per liter overnight.

Ghana: Oil Production Dip Wake-Up Call for Alternative Revenue Source – Dr Manteaw

[Ghanaian Times] Recent reductions in oil production from Ghana's oil fields should be a wake-up call to the government to diversify its revenue sources in funding its flagship programmes such as the free Senior High School policy(SHS), Dr Steve Mantea...

Nigeria: New Petrol Prices Take Effect As NNPC Quits Off-Taker Role

[Premium Times] The recent development comes after the NNPC decided to terminate its exclusive purchase agreement with Dangote Refinery.

Nigeria: ‘Dangote Refinery to Save Africa $17bn From Petroleum Products Import’

[Leadership] Chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote, has said that Nigeria's in-country petroleum products refining would help save the continent a whopping $17 billion spent to import products from Europe, Russi...

Nigeria: We Built Our $20bn Refinery Without Single Incentive From Government – Dangote

[This Day] Africa's richest man and President of Dangote Industries Limited, Aliko Dangote, has declared that his company built its 650,000 barrels per day (bpd) refinery, valued at $20 billion, without receiving any incentive from the Nigerian governm...

Ethiopia: Fuel Prices Jump, Govt Announces Fresh Subsidy Rollback

[Reporter] Fuel stations across the country have raised prices by almost 10 percent as the federal government announces its plans for further rollbacks on fuel subsidies.

Nigeria: What Petrol May Cost Across Nigeria As NNPC Quits Off-Taker Role

[Premium Times] As NNPC withdraws as a middleman for Dangote Refinery petrol, the price of petrol at fuel stations in Lagos may rise to N991.21 per litre, N1,040.31 in Kano, and N1,007.35 in Calabar, depending on exchange rate and crude oil prices