Entries by AllAfrica News: Petroleum

Nigeria: Nigeria Plans to Surpass OPEC Oil Quota – Official

[Premium Times] "In recent times, there has been increase in the volume of crude oil production and decrease in oil theft."

Nigeria: Nigerian Crude Takes New Hit As Buyers Turn to Cheaper Russian Grade

[Premium Times] Traders are flocking to the Urals crude blend because they see the Nigerian grades as relatively pricey, with traders reluctant to offload the country's cargoes.

Nigeria: Subsidy Withdrawal – Abiodun Meets Labour Leaders

[Vanguard] Ogun State Governor, Dapo Abiodun has met with the leadership of the State chapter of Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and Joint Negotiation Council (JNC), to find a way of cushioning the hardship of the increase in ...

Nigeria: Fuel Marketers Declare Support for Subsidy Removal

[Premium Times] The association's chairperson, Winifred Akpani, made the disclosure at the end of a meeting with President Bola Tinubu.

Nigeria: Fuel Subsidy – Abiodun Meets Labour Leaders On Palliatives for Workers

[Premium Times] Governor Abiodun and labour leaders set up committees to propose palliative measures for implementation in Ogun State.

Nigeria: Fuel Subsidy Removal – Experts Identify Pensioners, State Workers, Others As Beneficiaries

[Vanguard] Economic experts have identified pensioners and state workers and others as groups that will benefit immediately from the removal of fuel subsidies.

Nigeria: Reps Query NNPCL Over ‘Missing’ N2 Trillion During Transfer of Assets From NNPC

[Premium Times] In the report, the committee stated that NNPC Limited has not been able to account for the N2 trillion discrepancy.

Kenya: Kiraitu Urges President Ruto to Invest in Oil Production to Resolve Debt Crisis

[Capital FM] Nairobi -- National Oil Corporation of Kenya Chairman Kiraitu Murungi has called on President William Ruto to invest in oil production, saying it is the answer to the current debt crisis.

Nigeria: Fuel Subsidy Is Organised Crime, Should Be Removed – Peter Obi Backs Tinubu

[Vanguard] The Presidential Candidate of the Labour Party, Peter Obi has shed light on his support for the removal of fuel subsidies but gave conditions to be met for the desired result to be achieved.

Nigeria: Subsidy Removal – Govt, Labour to Meet June 19 On Implementation Framework

[Premium Times] He said that the meeting agreed on a seven-point resolution to cushion the effect of the subsidy removal on petrol on Nigerians.