Entries by AllAfrica News: Petroleum

Nigeria: Lokpobiri – Era When Oil Licenses Were Treated As Souvenirs Over /in /by

[This Day] Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has declared that the era when oil licenses were treated as souvenirs is over in Nigeria, spotlighting lessons other licensees could learn from Petralon 54.

Ghana: I Buy My Own Fuel /in /by

[Ghanaian Times] Minister of State in charge of Government Communications, Felix Ofosu-Kwakye has revealed that he buys his own fuel because no new vehicles have been purchased for the Presidency since the government took office almost eleven months ago.

Nigeria: NUPRCHails Pia’s Impact As IEA Commends Nigeria’s Upstream Sector Reforms /in /by

[Vanguard] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has highlighted the transformative impact of the Petroleum Industry Act (PIA) 2021 on Nigeria's oil and gas sector, as the International Energy Agency (IEA) commended ongoing refo...

Kenya: High Court Suspends 10 Percent Crude Oil Import Duty, Terms Levy Unconstitutional /in /by

[Capital FM] Nairobi -- The High Court has suspended the government's decision to impose a 10 percent import duty on crude oil, declaring the levy unconstitutional, null and void.

Nigeria: NNPC, Heirs Energies Double Gas Output, Add Over 135 Mmscf/D to Domestic Supply /in /by

[This Day] The NNPC/Heirs Energies Joint Venture (JV) has announced a major breakthrough with the innovative, rigless recompletion of a key non-associated gas well in oil mining lease (OML) 17.

Liberia: Bad History, Weak Terms, Zero Trust–the Oranto Deal Must Die /in /by

[Liberian Investigator] Liberia once again faces a familiar crossroads, where the potential of petroleum wealth clashes with painful memories of exploitation, institutional weakness, and opaque decision-making.

Nigeria: Deal With Conoil Takes TotalEnergies’ Opl 257 Stake to 90 Percent /in /by

[This Day] French oil giant, TotalEnergies has signed agreements with its long-standing partner, Conoil Producing Limited to acquire a 50-per cent operated interest in the Oil Prospecting License (OPL) 257 while Conoil acquires the 40 per cent particip...

Nigeria: Energy& LLP Acquires Stake in Falcon Corp /in /by

[Leadership] Falcon Corporation Limited has announced that Energy& LLP, a subsidiary of EverCorp Industries, has acquired an equity stake in Falcon Corporation.

Nigeria: Energy Transition – Nigeria Will Not Abandon Its Oil, Gas – Official /in /by

[Premium Times] "The world is changing, but Nigeria is not abandoning oil and gas; we are repositioning them," he said.