Entries by AllAfrica News: Petroleum

Nigeria: NNPC Now Profit-Oriented Global Energy Leader, Company Tells Obasanjo, Invites Ex-President to Tour Port Harcourt, Warri Refineries /in /by

[This Day] Nigerian National Petroleum Company Limited has said it is now a profit-oriented global energy leader and has expanded beyond oil and gas to become an integrated energy company.

Nigeria: NNPC Invites Obasanjo to Inspect Refineries Amid Controversy Over $2bn Expenditure /in /by

[Vanguard] The Nigerian National Petroleum Company Limited (NNPC) has invited former President Olusegun Obasanjo to tour its rehabilitated refineries following his public skepticism about the viability of the $2 billion invested in the facilities.

Nigeria: NNPC’s Lie Made Yar’Adua Reject Dangote’s $750m Offer to Manage Refineries – Obasanjo /in /by

[Leadership] Former President Olusegun Obasanjo has revealed new details surrounding Nigeria's ongoing refinery challenges, including the failed attempt to privatise the refineries and the subsequent financial losses under government management.

Nigeria: Yar’Adua Rejected Dangote’s Bid to Run Nigeria’s Refineries – Obasanjo /in /by

[Daily Trust] Former President Olusegun Obasanjo has revealed how his successor, late President Umar Musa Yar'Adua, rejected Alhaji Aliko Dangote's bid to manage Nigeria's refineries on a public-private partnership basis.

Nigeria: NNPC Turned Down Dangote’s $750m to Manage Nigeria’s Refineries – Obasanjo /in /by

[Vanguard] Former President Olusegun Obasanjo has disclosed that the Nigerian National Petroleum Corporation (NNPC) rejected a $750 million offer from billionaire businessman Aliko Dangote.

Liberia: Totota Tanker Explosion Disaster Management Chairman Tornorlah Varpilah Accused of Financial Mismanagement /in /by

[FrontPageAfrica] Bong County -- Residents of Totota City in Lower Bong County are expressing outrage over allegations of financial malpractice against Tornorlah Varpilah, chairman of the Local Disaster Management Committee formed in response to the De...

Nigeria: Farooq’s Fallacy – The Oil Industry and Ethnic Considerations /in /by

[Premium Times] For Nigeria to increase the pace of its growth in the oil industry, appointment into leadership offices within the space should, in fact, be insulated from political, ethnic or religious considerations.

Ethiopia: Govt Targets Contraband Fuel Trade As Cities Face Dire Shortages, Price Hikes /in /by

[Addis Standard] Addis Abeba -- Amid recent reports of an expanding contraband fuel trade in Ethiopia, Kassahun Gofe (PhD), Minister of Trade and Regional Integration, has announced legal and administrative measures against individuals and entities eng...

Nigeria: Navy to Deploy Armed Drones to Fight Oil Bunkering in Niger Delta /in /by

[Daily Trust] The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, has said the Nigerian Navy will deploy armed drones to tackle illegal oil bunkering activities in the Niger Delta region.