Entries by AllAfrica News: Petroleum

Nigeria: Experts Demand Transparency As Fuel Subsidy ‘Back’ 1yr After

[Daily Trust] It has never stopped - Experts Atiku tackles Tinubu over revelations as NNPCL insists 'no subsidy' Dangote: Nigerians fear high-priced petrol ahead supply

Nigeria: Nnpcl Declares N3.3tn Profit for 2023, Announces N2.1trn Dividend

[Daily Trust] The Nigerian National Petroleum Company Ltd has posted a Profit After Tax of N3.3tn in the 2023 financial period.

Nigeria: Why NNPC Reduced Stake in Dangote Refinery – Audited Report

[Premium Times] "As at 31 December 2023, NNPC Limited holds a 7.25 per cent interest in DPRP FZE," the NNPC Ltd said in its report.

Somalia: Turkey to Begin Oil Exploration in Somalia

[Radio Dalsan] Turkey is set to dispatch the research vessel Oruc Reis to explore oil blocks in the Somali Sea next month, according to Bloomberg.

Nigeria: Amidst Fuel Crisis, NNPC Retail Cedes Total Control to Ovh

[Premium Times] Nigerians largely blame NNPC Ltd for the fuel crisis in the country. But in reality, the NNPC Retail no longer exists.

Nigeria: Tinubu Approves Use of NNPC Dividends for Payment of Petrol Subsidy – Report

[Premium Times] The president approved Mr Kyari's request on 6 June, a report has said.

Nigeria: Anger in North Over Stoppage of Oil Search in Region

[Leadership] Anger is building up in the North over the suspension of oil exploration activities in some states in the region.

Nigeria: Long Wait for Ph Refinery

[Leadership] The Nigerian National Petroleum Company (NNPC) Limited's continued failure to meet the deadlines it set to deliver on one of the nation's moribund refineries, the Port Harcourt Refinery, is, to say the least, discomforting.

Nigeria: Lagos – Motorists Sleep Overnight At Filling Stations As Fuel Scarcity Worsens

[Daily Trust] Motorists in Lagos are facing severe hardships due to the ongoing fuel scarcity, with many resorting to sleeping overnight at filling stations in a desperate bid to get fuel.