Entries by AllAfrica News: Petroleum

Nigeria: Dangote Refinery Set for Petrol Sales Start After Ending Rift With Oil Suppliers

[Premium Times] "The IOCs are deliberately and willfully frustrating our efforts to buy the local crude," Devakumar Edwin, vice president oil & gas at Dangote, said in June.

Uganda: TotalEnergies Oil Project ‘Devastating’ for Ugandan National Park, NGO Says

[RFI] Production has yet to begin, but TotalEnergies' controversial East African oil project is already taking a dire environmental toll in Uganda's largest national parks, a leading conservationist group said Friday.

Uganda: Youths Challenged to Take Up Opportunities in Uganda’s Oil and Gas Sector

[Nile Post] Ugandan youth have been urged to harness the numerous opportunities in the oil and as and

Nigeria: Govt, Oil Producers Agree On Viable Crude Supply Framework to Local Refineries

[This Day] In a bid to resolve the lingering inability of oil producers to adequately supply local refineries crude feedstock, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it called a meeting of all parties, where a sustainable te...

Nigeria: NNPC Seeks New Oil-Backed Loan to Boost Finances

[Daily Trust] Nigeria's NNPC is in talks for another oil-backed loan to boost its finances and allow investment in its business, its chief executive told Reuters, as pressure mounts on the state-backed oil company the economy depends upon.

Nigeria: Oil-Backed Loans Needed to Finance Drilling, Other Operations – NNPC

[Vanguard] The Nigerian National Petroleum Corporation, NNPC, Ltd. has said oil-backed loans would enable the company finance many capital projects, including drilling operations.

Nigeria: Fuel Scarcity – What We Are Doing to Restore Normalcy – Minister

[Premium Times] Last Thursday, long queues resurfaced at filling stations across Abuja, Nigeria's capital city, as motorists struggle to purchase petrol

Nigeria: Petrol Queues – Stations to Operate Longer Hours, Share Stock – NNPC

[Premium Times] "We are getting fuel stations to run for longer hours and we are getting marketers to collaborate and share stocks..."

Nigeria: Dangote Refinery Capable of Solving Nigeria’s Forex Problems – S&p Global

[Daily Trust] International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company as capable of resolving Nigeria's foreign exchange (forex) issue and its h...