Entries by AllAfrica News: Petroleum

Nigeria: NNPC Commences LNG Shipment to Japan, China /in /by

[Premium Times] NNPC LNG Ltd., in collaboration with NNPC Shipping Ltd, is scheduled to deliver at least two more LNG cargoes to the Asian market on DES basis by November," the statement said.

Nigeria: ‘Nigeria Violating Own Law With Mandatory Crude Supply to Local Refiners’ /in /by

[Leadership] The federal government has been informed that it is close to violating existing laws by issuing mandatory sale of crude oil to Dangote Refinery and its local counterparts in Naira.

Nigeria: How Tinubu’s Petrol Subsidy Reform Unravelled /in /by

[This Day] It is not inevitable. But here we are. President Bola Tinubu's reform on petrol subsidy has come undone. The president's signature reform--his most-trumpeted achievement in office--has not been undermined by the 'subsidy cabal', the labour u...

Nigeria: Endless Queues – Blame Game Continues /in /by

[This Day] Nigeria's current fuel scarcity has sparked widespread frustration, with conflicting excuses from various quarters. Meanwhile, industry stakeholders point fingers at policy failures and regulatory lapses, leaving Nigerians caught in the midd...

Nigeria: Fuel Shortage – Long Queues Persist in Lagos, Environs As Marketers Shut Stations /in /by

[Vanguard] There were long queues in Lagos and environs, yesterday, as many independent oil marketers without petrol shut their filling stations against motorists and other customers.

Senegal: Senegal Begins Review of Oil and Gas Contracts in Bid to Reclaim Resources /in /by

[RFI] Senegal has launched a major effort to reclaim control over its oil and gas resources, setting up a commission to review and renegotiate contracts with foreign companies that critics say have long favoured international interests over national ones.

Nigeria: President, Wale Tinubu ‘Ve No Interest in OVH Acquisition – NNPCL /in /by

[Vanguard] The Nigeria National Petroleum Company Limited, NNPC Ltd have picked holes in the allegation of former Vice President, Alhaji Atiku Abubakar, accusing President Bola Tinubu of mortgaging Nigeria's future to family and friends, and hijacking ...

Nigeria: Nnpcl Withholding Petroleum Products From South West Members – Ipman /in /by

[Leadership] As fuel queues resurfaced in petrol stations in major cities in the South West Region of the country, the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mosimi Depot yesterday blamed the fuel scarcity currently being exper...

Nigeria: Nnpcl Fy’23 – Kyari Stands Tall in Spite of Disruptors’ Intrigues /in /by

[This Day] Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Company Limited, NNPCL, has again demonstrated the words of American Singer and actor, Frank Sinatra that "the best revenge is massive success."

Nigeria: NNPC Employee Benefits Rise 118.7 Percent Y-O-Y, Company Reduces 221,000bpd Staked in N6.5 Billion Debt /in /by

[This Day] Abuja -- The total employee benefits paid by the Nigerian National Petroleum Company Limited (NNPC) to its workers rose 118.73 per cent year-on-year, the national oil company's newly released 2023 Annual Financial Statements (AFS) has indica...