[Daily Trust] Shell Plc has agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than $1.3 billion.
Author Archive for: AllAfrica News: Petroleum
Entries by AllAfrica News: Petroleum
[Leadership] The group chief executive, Oando Group, Adewale Tinubu has congratulated Aliko Dangote, President of Dangote Group over the commencement of production at Dangote Refinery.
[Daily Trust] In a move to boost efficiency and productivity, the Nigerian National Petroleum Company Limited (NNPCL) is seeking to transfer the operations of the Port Harcourt Refinery to a private entity.
[Premium Times] The troops also discovered and destroyed 37 dugout pits, 65 boats, 71 storage tanks, 14 vehicles, 108 cooking ovens, four pump machines and one speedboat.
[Daily News] Zanzibar -- TANZANIA: TANZANIA envisions to cut fuel imports by 28 per cent come 2050 following the increasing exploration and drilling of local natural gas.
[ANGOP] Luanda -- The Minister of State for Economic Coordination, José de Lima Massano, said on Wednesday in Luanda that the Angolan government is organising the process of withdrawing price subsidies in different sectors, including fuel.
[Vanguard] NNPC Ltd., has scheduled to supply four crude oil cargoes, (four million barrels), under its February programme to the $20 billion Dangote refinery.
[New Times] Delays in accessing licences to set up filling stations inconvenience investors, according to the Office of the Ombudsman. It recommended that the regulation for such businesses should be streamlined to address the problem.
[ANGOP] Mbanza Kongo -- Large-scale fuel smuggling into the Democratic Republic of Congo (DRC) has resulted in enormous losses for the national economy, as the product escapes border taxation mechanisms.
[Vanguard] The 6 Division, Nigerian Army, Port Harcourt, destroyed 233 illegal refineries during "Operation Still Waters 3" in four states in 2023.
