Entries by AllAfrica News: Petroleum

Nigeria: NNPC, Chevron Jv Converts Assets Into Pia Terms, Targets 165,000 Bpd By Year-End /in /by

[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) yesterday announced that its Joint Venture (JV) with Chevron Nigeria Ltd (CNL) had concluded the conversion of five of its assets as dictated by the Petroleum Industry Act (PIA).

Nigeria: Experts Advocate Sustained Oil, Gas Production With Emissions-Cutting Measures /in /by

[This Day] Some energy experts and top officials of critical entities in Nigeria's economy have called for application of best sustainable practices in the exploration, production and utilisation of oil and gas products in the country in order to save ...

Nigeria: Nigeria Plans to Block Oil Smuggling Routes, Try Offenders /in /by

[Leadership] A new plan has been proposed by key security Agencies to protect the country's oil and gas industry through tightening border controls and improving security around petroleum products conveyors.

Nigeria: Tinubu Reiterates Fuel Subsidy Removal Was to Free Up Resources for Critical Investments /in /by

[This Day] President Bola Tinubu yesterday, reiterated that though painful in the short term, the removal of fuel subsidy was designed to free up budgetary resources for critical investments in infrastructure and social services.

Nigeria: Petrol Price Hike Fails to Stimulate Supply, Shortages Bite Harder /in /by

[Vanguard] There are indications that the Federal Government is still battling to restore normalcy in the supply chain of the Premium Motor Spirit (PMS) otherwise known as petrol as long queues and black market remain visible despite last week's upward...

Nigeria: Governor Expresses Shock Over Demise of Journalist /in /by

[Premium Times] The governor said the news of the journalist's "unexpected passing is not only hurting but devastating."

Nigeria: Dangote Refinery Begins Polypropylene Production in October, Curbing Nigeria’s $268m Import /in /by

[Leadership] The Dangote Refinery is set to begin polypropylene production by the end of October 2024, effectively curbing Nigeria's imports of the product which is a crucial raw material in various industries, including packaging, textiles, and automo...

Nigeria: Nigeria’s Oil Output Nears 1.7m BPD 2024 Budget Benchmark /in /by

[Vanguard] There were indications that Nigeria has gotten close to meeting its 1.7 million barrels per day, bpd, 2024 budget target, yesterday, as oil output rose month-on-month, MoM, to 1.4 million barrels per day, bpd, excluding condensate, in August...

Nigeria: Petrol Price Hike – Nigerians At Breaking Point, NLC, Atiku Warn /in /by

[Vanguard] Lagos -- The Nigeria Labour Congress, NLC, and former Vice President, Abubakar Atiku, weekend, warned that the increase in petrol price by the federal government has put most Nigerians at a breaking point.

Nigeria: NSCDC Arrests 7 Robbers During Fuel Hike Protest in Kwara /in /by

[Daily Trust] The Nigeria Security and Civil Defense Corps (NSCDC), Kwara State, arrested seven suspected hoodlums during last Thursday's fuel hike protest by commercial vehicle operators in Ilorin.