Entries by AllAfrica News: Petroleum

Nigeria: In Historic Move, Govt Unveils Nigeria’s Gas Trading, Payment System

[This Day] In a landmark step aimed at modernising Nigeria's gas industry, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday launched the country's first Gas Trading Licence alongside a new Clearing House and Settl...

Nigeria: Dangote Refinery Raises in-Country Petrol Supply By 5.5m Litres Daily Amid 11.48m Deficit

[This Day] The Dangote Refinery raised in-country petrol supply by about 5.5 million litres per day in November, up from 18.03 million litres in October to 23.52 million in November, despite a pledge of 35 million litres per day average, fresh data fro...

Uganda: EACOP Partners With Industry Enhancement Centre to Boost National Content

[Nile Post] The East African Crude Oil Pipeline (EACOP) Ltd. has signed a Memorandum of Understanding (MoU) with the Industry Enhancement Centre (IEC), marking a major step toward strengthening national content development and enhancing the capabilitie...

Nigeria: Dangote Refinery Supplied 23.5 Million Litres of Petrol Daily in November – Nmdpra

[Premium Times] The official data from the regulator also show that the refinery supplied an average of 5.596 million litres of Automotive Gas Oil (diesel) per day in the month under review.

Nigeria: Oil Hovers Near Two-Week Highs At $63.84/Barrel

[This Day] Oil prices hovered at two-week highs yesterday, as investors expected a likely U.S. Federal Reserve interest rate cut this week to lift economic growth and energy demand, while monitoring geopolitical risk that threatens Russian and Venezuel...

Nigeria: NNPC E&P Hits Record 355,000 Bpd Crude Oil Production

[This Day] The Nigerian National Petroleum Company Limited (NNPC Ltd) yesterday revealed that its subsidiary, NNPC Exploration and Production Limited (NEPL) has recorded its highest oil production of 355,000 barrels per day, the first in 36 years.

Nigeria: Global Upstream Oil Capital Expenditure to Hit $504bn in 2026 – Report

[This Day] Abuja -- Global Exploration and Production (E&P) Capital Expenditure (CAPEX) has been projected to reach $504 billion by 2026, with Africa contributing about $41 billion, driven by spending in offshore prospects, including in Mozamb...

Uganda: Ugandan Firms Secure $2.2bn in Oil Contracts

[Nile Post] Ugandan companies have won more than US$2.2 billion in contracts in the country's oil and gas sector, the Petroleum Authority of Uganda (PAU) has confirmed, highlighting a significant increase in national participation since the development...

Nigeria: Petroleum Sector Retards National Progress

[Vanguard] NNPCL is the only state-owned oil producing organization in the entire world which has become a perpetual drag on the nation's progress. Last week, just as the nation was celebrating the declaration of Ntn profits from operations last year, ...

Uganda: Ugandan Companies Celebrate Gains At National Content Conference

[Nile Post] The 6th National Content Conference highlighted significant progress by Ugandan companies benefiting from the Petroleum Authority of Uganda's national content program, showcasing measurable gains in standards, training, and employment withi...