Entries by AllAfrica News: Petroleum

Malawi: Fuel Price Debate – Parliamentary Committee On Natural Resources Wants ‘Reasonable’ Upward Adjustment /in /by

[Nyasa Times] Following a meeting that Parliamentary Committee on Natural Resources & Climate Change had with Malawi Energy Regulatory Authority (MERA) on Monday, August 26 to understand the issues surrounding the importation of fuel and fuel ...

Malawi: DPP Says No Fuel Price Hike – ‘Raising Fuel Prices Will Hurt Already Burdened Malawians’ /in /by

[Nyasa Times] Members of Parliament (MPs) under the main opposition Democratic Progressive Party (DPP) on Wednesday walked out of the National Assembly in protest to a proposal to raise prices of fuel.

South Africa: Some Relief in Store for Consumers As Fuel Price Set to Drop /in /by

[Daily Maverick] Koketso Mano, a senior economist at FNB, said softer oil prices alongside a stronger rand had contributed to the expected fuel price drop.

Nigeria: IPMC to Tackle Nigeria’s Oil Output Decline, Reduce Production Cost By 15 Percent /in /by

[This Day] The Independent Project Monitoring Company Limited (IPMC), has introduced an asset integrity management software called, 'VAIL-Plant Inspection Software' for the Nigerian oil and gas industry which it said, will help operators to boost the n...

Nigeria: NNPC Announces Commencement of LNG Supply to Japan, China /in /by

[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) yesterday said it had commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis.

Nigeria: NNPC’s Record Profit – Beneath the Surface /in /by

[Leadership] Last week, the Nigerian National Petroleum Company (NNPC) released its financial statement for the fiscal year ending December 2023, revealing a record net profit of ₦3.297 trillion. This announcement, marking a significant increase...

Uganda: Uganda Drills 72 Wells Ahead of Oil Production /in /by

[Independent (Kampala)] Kampala, Uganda -- Uganda's oil sector is advancing significantly with 72 out of 457 wells drilled at the Tilenga and Kingfisher oil projects as TotalEnergies and CNOOC Uganda Limited push towards commercial production slated fo...

Nigeria: Anger As Petrol Sells for Over N1,000 Per Litre in Benue /in /by

[Vanguard] There was palpable anger in parts of Benue state Saturday as most filling stations in the state dispense petrol between the rate of N980 and N1,100 per litre.