Entries by AllAfrica News: Petroleum

Nigeria: Tinubu Inaugurates 15-Member NEITI Board, Recommits to Removing Opacity in Extractive Industry

[This Day] Abuja -- President Bola Ahmed Tinubu yesterday inaugurated the National Stakeholders Working Group (NSWG) of the Extractive Industries Transparency Initiative (NEITI), pledging to ensure transparency in Nigeria's extractive sector.

Angola: Angola Has Around 50 Billion Barrels of Oil Yet to Explore

[ANGOP] Luanda -- The country has a potential of approximately 50 billion barrels of oil to be explored, of which almost 10 billion have already been found/discovered, according to the executive director of the National Oil, Gas and Biofuel Agency (ANP...

Nigeria: Fuel Price Rises By 176.02 Percent to N701.24 Per Litre – NBS

[Vanguard] The national average retail price of Premium Motor Spirit, PMS, otherwise known as petrol increased year-on-year, YoY, by 176.02 percent to N701.24 per litre in April 2024 from N254.06 per litre recorded in the corresponding period of 2023.

Nigeria: Unending Threat of Crude Oil Theft

[This Day] Reports that the inability of the federal government to tame the menace of crude oil theft is still costing the country huge revenue loss

Nigeria: Navy Hails Personnel for Tackling Oil Theft, Increasing Production

[Leadership] Nigerian Navy has recorded remarkable feats in the fight against oil theft since "Operation Delta Sanity" was re-launched in January 2024.

Nigeria: Police Brutality Triggers Protest in Imo Oil-Producing Community

[This Day] Owerri -- Police brutality yesterday triggered off protest by women in the oil-producing area of Ohaji Egbema Local Government Area of Imo State.

Kenya: Importers of Dirty Palm Oil for Repackage to Face 25% Tax

[Capital FM] Nairobi -- Individual and firms importing dirty palm oil for repackaging before selling will face higher taxes as the state moves to introduce new taxes on such commodities.

Nigeria: Mele Kyari Blames Oil Output Decline On Underinvestment, Theft, Pipeline Constraints

[This Day] Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, at the weekend blamed Nigeria's persistent failure to meet its production targets on underinvestment, theft and rising pipeline constrai...

Nigeria: Niger Delta Youths Demand Implementation of 3% Host Community Fund, True Federalism

[Vanguard] Youths from the various ethnic nationalities in the Niger Delta have asked the Federal Government to ensure the immediate implementation of the 3 percent host communities fund as provided in the Petroleum Industry Act PIA, in order to allow ...

South Africa: South African Communities Vs Shell – High Court Victories Show That Cultural Beliefs and Practices Count in Climate Cases

[The Conversation Africa] When the Shell petroleum company announced in 2021 that it wanted to explore for fossil fuels off South Africa's pristine Wild Coast, Indigenous communities in the area immediately fought back through the country's courts.