Entries by AllAfrica News: Petroleum

Nigeria: CBN’s Takeover of Sales Proceeds From NNPCL Illegal – Atiku /in /by

[Leadership] Former vice president Atiku Abubakar has said the directive by the federal government for the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales proceeds from the Nigerian National Petroleum Company Limited (...

Nigeria: No to Third Party Operation of Port Harcourt Refinery /in /by

[Daily Trust] On January 15, 2025, the Nigerian National Petroleum Company Limited (NNPCL), the formerly government-owned corporation, which transformed to a limited liability company in July 2022, but still owned by the government, launched a tender s...

Nigeria: Tinubu Orders AGF, EFCC, Others to Resolve $1.3 Billion Malabu Oil Deal Saga /in /by

[Premium Times] An official said that parties involved in the deal were negotiating to end the more than 28 years crisis and litigation surrounding the prolific Malabu oil block located in southern Niger Delta in the next one month.

Nigeria: NSCDC Arrests Six Suspects for Illegal Dealing in Petroleum Product /in /by

[Premium Times] NSCDC says the suspects disguised as a joint task force of a security agency and were found with a truck conveying about 45,000 litres of diesel to an unknown destination without requisite documents.

Nigeria: Over 30 Feared Dead As Tanker Explodes in Imo Forest /in /by

[Vanguard] Owerri -- Over 30 bodies were said to have burnt to ashes after a tanker suspected to be used by oil bunkers exploded in the forest of Obitti, Ohaji/Egbema Local Government Area of Imo State.

Nigeria: NNPC Ltd to Petrol Tanker Owners – Tough Times Will End Soon /in /by

[Vanguard] Abuja-The Group CEO of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari, has assured transport owners that the challenging business environment in haulage of petroleum products across the country would end soon.

Nigeria: NNPC in Talks With South Korean Investors for Gas Projects /in /by

[Premium Times] "The talks will pave the way for the execution of a Memorandum of Understanding (MoU) that will unlock strategic foreign direct investment...," the statement said.

Zimbabwe: Thuli Petroleum Compensate Customers Affected By Contaminated Fuel /in /by

[The Herald] Thuli Petroleum has managed to recover and fix all affected motor vehicles that were affected after its underground tank used for storing blend petroleum in Kambuzuma was affected by heavy rains which contaminated it on December 29, last y...

Angola: Sonangol Declares Not Owning Ship Hit By Missile in Red Sea /in /by

[ANGOP] Luanda -- Angolan national oil company Sonangol on Monday, in Luanda, clarified that the tanker named "Marlin Luanda", hit by a missile in the Red Sea, is not part of its fleet or freighted vessels.

Nigeria: $20bn Dangote Refinery to Import Crude Oil From United States /in /by

[Vanguard] The $20 billion Dangote Refinery has concluded plans to import crude oil from the United States in the coming months.