Entries by AllAfrica News: Petroleum

Nigeria: NNPC Announces Commencement of LNG Supply to Japan, China /in /by

[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) yesterday said it had commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis.

Nigeria: NNPC’s Record Profit – Beneath the Surface /in /by

[Leadership] Last week, the Nigerian National Petroleum Company (NNPC) released its financial statement for the fiscal year ending December 2023, revealing a record net profit of ₦3.297 trillion. This announcement, marking a significant increase...

Uganda: Uganda Drills 72 Wells Ahead of Oil Production /in /by

[Independent (Kampala)] Kampala, Uganda -- Uganda's oil sector is advancing significantly with 72 out of 457 wells drilled at the Tilenga and Kingfisher oil projects as TotalEnergies and CNOOC Uganda Limited push towards commercial production slated fo...

Nigeria: Anger As Petrol Sells for Over N1,000 Per Litre in Benue /in /by

[Vanguard] There was palpable anger in parts of Benue state Saturday as most filling stations in the state dispense petrol between the rate of N980 and N1,100 per litre.

Nigeria: NNPC Commences LNG Shipment to Japan, China /in /by

[Premium Times] NNPC LNG Ltd., in collaboration with NNPC Shipping Ltd, is scheduled to deliver at least two more LNG cargoes to the Asian market on DES basis by November," the statement said.

Nigeria: ‘Nigeria Violating Own Law With Mandatory Crude Supply to Local Refiners’ /in /by

[Leadership] The federal government has been informed that it is close to violating existing laws by issuing mandatory sale of crude oil to Dangote Refinery and its local counterparts in Naira.

Nigeria: How Tinubu’s Petrol Subsidy Reform Unravelled /in /by

[This Day] It is not inevitable. But here we are. President Bola Tinubu's reform on petrol subsidy has come undone. The president's signature reform--his most-trumpeted achievement in office--has not been undermined by the 'subsidy cabal', the labour u...

Nigeria: Endless Queues – Blame Game Continues /in /by

[This Day] Nigeria's current fuel scarcity has sparked widespread frustration, with conflicting excuses from various quarters. Meanwhile, industry stakeholders point fingers at policy failures and regulatory lapses, leaving Nigerians caught in the midd...