Entries by AllAfrica News: Petroleum

Nigeria: Shell Trading’s Trust in Petralon Signals Growing Investors’ Confidence in Indigenous Operators /in /by

[This Day] Indigenous Operatorsmay Have Received a Boost As S -- At an event hosted in London by Shell Western Supply and Trading, to celebrate Petralon Energy's achievement of first oil at the Dawes Island Field, its Chief Executive Officer, Rodrigo T...

Nigeria: Dangote Signs $400m Equipment Deal for Refinery Expansion /in /by

[Daily Trust] Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China's leading manufacturers of construction machinery.

Nigeria: NNPC Earns N453.4bn From Frontier Exploration Fund, Posts 36% Shortfall /in /by

[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC Ltd) received over N453.455 billion in the 12 months of 2025 from the newly established Frontier Exploration Fund (FEF), latest data from the Federation Account Allocation Commit...

Nigeria: Fuel Supply Rises 25 Percent As Dangote Delivers 40m Litres of Petrol Per Day – Nmdpra /in /by

[Leadership] Nigeria's domestic fuel supply rose 25 per cent in January 2026 as the Dangote Petroleum Refinery delivered an average of 40 million litres of Premium Motor Spirit (PMS) per day, according to data from the Nigerian Midstream and Downstream...

Nigeria: NNPC Signs MOU With Chinese Firms to Advance Nigeria’s Gas Infrastructure /in /by

[This Day] The Nigerian National Petroleum Company Limited (NNPC) has signed a tripartite Memorandum of Understanding (MoU) with China Gas Holdings Limited and Peiyang Chemical Singapore PTE Ltd. (PCCS), establishing a framework for structured collabor...

Nigeria: Nigeria’s Crude Output Rises to 1.459m Bpd in January /in /by

[Daily Trust] Lagos -- Nigeria's crude oil production increased to 1.459 million barrels per day (bpd) in January 2026, strengthening the country's position as Africa's largest oil producer, despite output remaining below its Organisation of Petroleum ...

Nigeria: Dangote Refinery Hits 650,000 Bpd Capacity /in /by

[Premium Times] An official said that all remaining processing units will begin their respective performance test runs in Phase 2, scheduled to commence next week.

Africa: ‘Africa to Attract $50bn in Oil and Gas Investment’ /in /by

[Daily Trust] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stated that Africa is projected to attract between $48 billion and $50bn in the oil and gas sector in 2026.

Nigeria: 2025FY – Four Oil & Gas Coys Post 17.5 Percent Revenue Decline On Cost of Sales /in /by

[This Day] On the back of huge finance cost, cost of sales Totalenergies Marketing Nigeria and three other Oil & Gas companies listed on the Nigerian Exchange Limited (NGX) recorded revenue loss in their 2025 financial year.

Kenya: Oil Pilot Exposed Revenue Gaps, Warns Controller of Budget /in /by

[Capital FM] Nairobi -- Controller of Budget Margaret Nyakang'o has warned that Kenya's early oil pilot schemes exposed major governance and revenue management gaps that must be addressed before full-scale crude exports begin.