Entries by AllAfrica News: Petroleum

Nigeria: Savannah Announces 23,600bpd Oil Production, $260.9m Earnings /in /by

[This Day] Savannah Energy Plc, a British independent energy company operating in Nigeria has announced its performance for last year, with its production total revenues as at December 31 2023 standing at $260.9 million, 11 per cent ahead of previously...

Nigeria: NNPC Disclaims N3.3trn Report On Alleged Inflated Subsidy Claims /in /by

[Daily Trust] The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclaimed a report in a section of the media alleging that it inflated subsidy claims by N3.3trillion.

Tanzania: East Africa Pipeline Project Paid Compensation to 99% of ‘Project Victims’ /in /by

[Daily News] The East Africa Crude Oil Pipeline Project (EACOP) has completed 99 percent of compensation payments for project victims in the lake zone.

Benin: Benin-Niger Oil Export Row Flares Again /in /by

[DW] Niger has accused Benin of kidnapping five oil workers, while Benin claims the men entered a sensitive oil terminal illegally.

Senegal: Senegal Joins Oil-Producing Nations With Launch of First Offshore Field /in /by

[RFI] Senegal has joined the ranks of oil-producing nations with Australian company Woodside Energy on Tuesday announcing the start of production in the West African country's first offshore project.

Nigeria: More Oil Blocks Discovered As Govt Promises Transparency in Bid Process /in /by

[Daily Trust] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has identified additional oil blocks beyond the 12 initially made available for bidding.

Nigeria: Dangote Refinery Announces New Date for Petrol Supply /in /by

[Leadership] The Dangote Petroleum Refinery and Petrochemicals has announced that the supply date for Premium Motor Spirit (PMS) has been moved from June to mid-July.

Nigeria: Petrol From Dangote Refinery to Hit Market By July – Dangote /in /by

[Premium Times] Mr Dangote explained that the date change was due to a delay that prompted the shift from the originally proposed date of June to mid-July.

Nigeria: NUPRC Slashes Signature Bonuses for Oil Blocks to $10m for Deepwater, $7m for Shallow Water /in /by

[This Day] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has cut the bonuses payable by awardees in the 2022 and 2024 bid rounds to a maximum of $10 million for deepwater assets and $7 million for shallow water and onshore assets.

Nigeria: How FIRS, Customs, NUPRC Received More Allocation Than States – Report /in /by

[Daily Trust] A report by Agora policy has shown that Nigeria's Cost-of-Collection by the Federal Inland Revenue Service (FIRS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigeria Customs Service (NCS), is bigger than what e...