Entries by AllAfrica News: Petroleum

Nigeria: Nigeria’s Oil Exports to Drop As Bonga FPSO Undergoes Maintenance

[Vanguard] Nigeria's oil exports will fall by 225,000 barrels per day in February following the shutdown of the Bonga FPSO for scheduled turnaround maintenance.

Nigeria: Oil-Rich Eba Island Tears Ogun, Ondo Apart

[Daily Trust] Ownership of the oil-rich Eba Island has torn the neighbouring Ogun and Ondo State governments apart, Daily Trust reports.

Nigeria: Transparency, Financial, Technical Capacity Prerequisites for 2025 Oil Block Bidders…Nuprc

[Vanguard] The 2025 licensing bid round will be guided by transparency, as only applicants with financial and technical know-how will qualify for the critical stage of the bid process.

Nigeria: Dangote Refinery Affirms Capacity to Supply 75m Litres of Petrol, Meet Nigeria’s Fuels Demand

[This Day] · Restates commitment to full regulatory compliance, cooperation with NMDPRA

Kenya: Kenya Looks to Raise $825m From Pipeline Company Stake Sale

[Daba Finance] The Kenyan government has launched the sale of a 65% stake in the Kenya Pipeline Company, setting up what is expected to be East Africa's largest initial public offering in local-currency terms.

Nigeria: Nigeria Targets 146,000 Daily Crude Production From Chevron-NNPC New Discovery

[Leadership] A joint venture operated by Chevron has made an oil and gas discovery offshore Nigeria as international majors bolster exploration amid the top African producer's efforts to boost hydrocarbon output and offer more favourable terms for inve...

Nigeria: Mutual Benefit Assurance Invests $64m in Oil Producing Assets

[This Day] Mutual Benefit Assurance Plc said besides its core insurance operations, it has diversified into the energy sector having invested a whooping $64 million (N96 billion) in a producing oil asset as a hedge against economic volatility.

Nigeria: NUPRC Courts Global Investors Ahead of 2025 Oil Licensing Round

[Premium Times] NUPRC said the webinar is designed to provide investment clarity and execution certainty for companies seeking to participate in the licensing round, which will offer 50 oil and gas blocks across frontier, onshore, shallow-water and dee...

Nigeria: Controversy Trails Planned Oil Exploration in Ogun

[Daily Trust] There is disquiet over disclosure that President Bola Tinubu has approved commencement of commercial oil drilling operations in Ogun State.

Nigeria: NNPC Ltd/Chevron Targets 146,000 Barrels in Awodi-07 Oil Well

[Daily Trust] The Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL Joint Venture, on the successful completion of the Awodi-07 appraisal and exploration well located in...