Entries by AllAfrica News: Petroleum

Nigeria: Cautious Optimism Amidst Sale of Crude Oil in Naira to Dangote, Others

[Daily Trust] Sale of crude oil to local refiners in naira has commenced, the federal government has confirmed, raising expectations of lower fuel costs from Nigerians.

Nigeria: NNPC Quits As Middleman in Dangote Refinery Petrol Purchase

[Premium Times] This means NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery.

Nigeria: As Dangote Petrol Circulates Across Nigeria, NNPC to Implement New Price Regime

[Premium Times] The NNPC had on September 3 increased the price of petrol at its pumps from from N617 per litre to between N855 and N897.

Nigeria: Oil Sector Overdue for Total Overhaul, Expert Tells Tinubu

[Leadership] Efforts by President Bola Tinubu to maximise the benefits of the oil industry for Nigeria's economic growth will remain a mirage until competent managers are appointed to drive the president's vision.

Tanzania: Relief for Motorists As Fuel Prices Drop in Tanzania

[Daily News] Retail prices for petrol and diesel in Tanzania have dropped for October 2024, following a decline in global market prices.

Nigeria: Nigeria Imported 20.30 Billion Litres of Petrol in 2023 – NBS

[Premium Times] The NBS said this shows a decrease of 13.77 per cent from 23.54 billion litres imported in 2022.

Ghana: Western Regional Chiefs Applaud Petroleum Commission

[Ghanaian Times] The Western Regional House of Chiefs has expressed its disappointment about the behaviour of some operators on Ghana's oil fields for failing to deal with chiefs in the region.

Nigeria: Uncertainty Over Naira-for-Crude Policy As Federal Govt Fails to Release Guideline

[Leadership] There is widespread uncertainty over the take-off of the Naira-for-Crude Policy, which was scheduled to begin yesterday, October 1, 2024.

Nigeria: Shell Appoints New MD for Deep-Water Subsidiary

[Daily Trust] Shell has appointed Ronald Adams, as the new Managing Director for its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited (SNEPCo.)