Entries by AllAfrica News: Petroleum

Nigeria: Crude Oil Drilling, Exploration in North On Course – NNPC

[Leadership] The Nigerian National Petroleum Company (NNPC) Limited has said it is intensifying its oil exploration efforts in northern Nigeria, aiming to enhance the country's OPEC quota and strengthen the petroleum industry. With significant discover...

Nigeria: Like Saudi Aramco, NNPC Ltd Under Kyari Is Creating Value for Nigerians

[This Day] When Mallam Mele Kyari assumed the position of Group Managing Director of the now-defunct Nigerian National Petroleum Corporation (NNPC) on July 7, 2019, the corporation was in a near-comatose state. It was burdened with many challenges, suc...

Nigeria: Nigerians Groan Under Chokehold of Fuel Scarcity

[This Day] Unending queues have been observed at a few filling stations currently across the country. The fuel scarcity has again pushed up transport fares while most businesses that rely on power are feeling the heat of this prolonged fuel crisis.

South Africa: Over 2,500 Police Trainees Evacuated After Tshwane Gas Pipeline Explosion

[Daily Maverick] An explosion in a Sasol gas pipeline near the SAPS Training Academy in Tshwane led to the evacuation of more than 2,500 police trainees and officers. This article is free to read.Sign up for free or sign in to continue reading.Unlike o...

Nigeria: In Ibadan, Motorists Lament As Fuel Pump Price Hits ₦880 Per Litre

[Premium Times] Dauda Tijani, a commercial driver, lamented that the persistent increase in the price of fuel has reduced his daily profits, making it difficult to feed his household.

Nigeria: Lokpobiri, Others to Speak At Inaugural Nigerian Crude Oil Refining Summit

[This Day] The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite; and Chairman of Dangote Petroleum Refineries, Alhaji Aliko Dangote, would be leading discussi...

Nigeria: Experts Demand Transparency As Fuel Subsidy ‘Back’ 1yr After

[Daily Trust] It has never stopped - Experts Atiku tackles Tinubu over revelations as NNPCL insists 'no subsidy' Dangote: Nigerians fear high-priced petrol ahead supply

Nigeria: Nnpcl Declares N3.3tn Profit for 2023, Announces N2.1trn Dividend

[Daily Trust] The Nigerian National Petroleum Company Ltd has posted a Profit After Tax of N3.3tn in the 2023 financial period.

Nigeria: Why NNPC Reduced Stake in Dangote Refinery – Audited Report

[Premium Times] "As at 31 December 2023, NNPC Limited holds a 7.25 per cent interest in DPRP FZE," the NNPC Ltd said in its report.