Entries by AllAfrica News: Petroleum

Uganda: The Bitter-Sweet Sides of Uganda’s Oil and Gas Development

[IPS] Kampala, Buliisa, Kikuube -- French oil and gas giant TotalEnergies and China National Offshore Oil Corporation (CNOOC) are moving with pace in the development of oil and gas projects with a potential investment portfolio estimated at more than U...

South Africa: Committee On Mineral Resources and Energy Concludes Processing of Upstream Petroleum Development Bill

[Parliament of South Africa] The Portfolio Committee on Mineral Resources and Energy concluded clauses by clause on the Upstream Petroleum Resources Development Bill and adopted its report on the Bill yesterday. The committee is going to table its repo...

Nigeria: Pressure On Petrol, Diesel Prices As Crude Hits $97.17

[Vanguard] There are indications that pressures are mounting on the pump price of petrol as the landing cost has risen by 19.3 per cent to N596.93 per litre as of yesterday, from about N500 per litre in July 2023, when the last pump price adjustment wa...

Nigeria: NNPC Ready to Supply Our Refinery With Crude Oil in Few Weeks – Dangote

[This Day] The President of the Dangote Group, Aliko Dangote, has risen in defense of the Nigerian National Petroleum Company Limited (NNPC) against the purported denial of crude oil supply to his 650,000 barrels per day (bpd) refinery by the national ...

Nigeria: Naira Weakens to 990/$1 On Parallel Market As Dollar Demand Overwhelms Supply

[This Day] The naira came under intense pressure yesterday, leading to a significant depreciation as it fell to N990 to a dollar at the parallel market segment of the foreign exchange market, compared to the N950 to a dollar it traded the previous day.

Nigeria: Reps Quiz NPA Over Sale of Vessels, Other Items

[Premium Times] The committee also asked NPA to bring the list of properties slated for auctioning and evaluation reports.

Malawi: PIL Moves to Scale Up Fuel Supply

[Nyasa Times] Petroleum Importers Limited (PIL) has moved to scale up the importation of fuel in the country through rail with 11 wagons of petrol offloaded in Blantyre yesterday.

Nigeria: Tinubu Woos ExxonMobil Chief, Says Nigeria Is Ready for Business

[Daily Trust] President Bola Tinubu met with a delegation of global energy giant ExxonMobil, in New York, where he said, "Nigeria has never been more ready for business than it is now."

Kenya: CS Kuria Apologizes Over Fuel Price Hike Remarks

[Capital FM] Nairobi -- Trade Cabinet Secretary Moses Kuria has apologised over his remarks on fuel price increase.

South Africa: Climate Activists, Journalist Ejected From Standard Bank HQ As Anti-Fossil Fuel Protest Turns Chaotic

[Daily Maverick] A protest at Standard Bank's headquarters in Johannesburg on Tuesday descended into chaos when a group of human rights and climate activists, as well as a Daily Maverick journalist, were forcibly removed from the building by security p...