Entries by AllAfrica News: Petroleum

Nigeria: FG’s Earning From Crude Oil Sales Drops By 79 Percent in 2023 /in /by

[Daily Trust] The money the federal government earned from the sale of crude oil dropped by 79 per cent in 2023, from $11.199bn it made in 2022 to $2.329bn, the Nigeria Extractive Industries Transparency Initiative's (NEITI) 2022 and 2023 Independent O...

Nigeria: How Wike Influenced My Appointment – Petroleum Minister /in /by

[Daily Trust] Minister of State for Petroleum Resources, Heineken Lokpobiri, has credited FCT Minister, Nyesom Wike, for playing a key role in his appointment to the federal cabinet.

Uganda: Fuel Companies Credit Unoc’s Sole Fuel Importation for Current Reduction in Pump Prices /in /by

[Nile Post] Fuel companies have said the current reduction in pump prices in the country can only be credited to the Uganda National Oil Company's move to be the sole importer of petroleum products into the country.

Nigeria: Shell Appoints New Managing Director for Deep-Water Subsidiary /in /by

[Premium Times] The appointment takes effect from 1 October, a statement by the company, said Tuesday.

South Africa: DA Welcomes Fuel Price Cuts As Gnu Strengthens Economic Recovery /in /by

[DA] The DA welcomes the latest announcement of significant fuel price cuts, marking the fifth consecutive month of reductions. This decline in fuel prices, including decreases of up to 114 cents per litre for petrol and 112 cents per litre for diesel,...

Egypt: Egypt Affirms Timely Payments of Oil Foreign Partners’ Dues /in /by

[Egypt Online] The Egyptian programme for paying dues to foreign partners in petroleum sector is on track, with regular payments set to continue from October, Minister of Petroleum and Mineral Resources Karim Badawy affirmed on Monday 30/9/2024.

Equatorial Guinea: Equatorial Guinea and Gabon Face Off At the ICJ Over Oil-Rich Islands /in /by

[RFI] Equatorial Guinea asked judges at the International Court of Justice to reject Gabon's claim to several islands in potentially oil-rich waters in the Gulf of Guinea.

Nigeria: Stop Frustrating Dangote Refinery – Emir Sanusi /in /by

[Leadership] Emir of Kano, Muhammad Sanusi II yesterday decried what he described as the frustration of Dangote Refinery on account of vested interests.

Nigeria: Exxonmobil Unveils $10bn Deepwater Investment Plan in Nigeria, Shettima Ecstatic /in /by

[This Day] Abuja -- Vice President Kashim Shettima has welcomed ExxonMobil's proposed $10 billion investment in Nigeria's deep-water oil operations, describing it as a clear testament to the administration's economic reforms and investment-friendly pol...