Entries by AllAfrica News: Petroleum

Nigeria: Subsidy – We Do Not Have Control Over Price of PMs or Dollar – Central Bank /in /by

[Vanguard] The Central Bank of Nigeria CBN, says it has little or no control over the price of either Premium Motor Spirit (PMS) or the dollar.

Namibia: Oil Drilling Threatens the Okavango River Basin, Putting Water in Namibia and Botswana At Risk /in /by

[The Conversation Africa] The Namibian and Botswana governments may be risking their water resources for oil and gas revenue. They have licensed a Canadian firm, ReconAfrica, to prospect for oil in the Cubango Okavango River Basin, in an area covering ...

Nigeria: NNPCL Announces Plan to Sustain Nigeria Gas Development Projects /in /by

[Premium Times] Mr Kyari said the nation has also seen the emergence of the incorporation of the national oil company from NNPC to NNPC Limited.

Africa: TotalEnergies Announces €4.5 Billion Quarterly Profits While Remaining a Top Buyer of Russian Liquified Gas #AfricaClimateCrisis /in /by

[Global Witness] 27 July 2023, London - French energy giant TotalEnergies today announced €10.4 billion ($11.5 billion) in profits so far in 2023, and the company continues its trade buying Russian liquified gas. New Global Witness analysis of r...

Africa: As Shell Reports £3.9 Billion in Q2 Profits Amidst Deadly Heatwave, Its Oil and Gas Investment Is Forecast to Increase By 10% #AfricaClimateCrisis /in /by

[Global Witness] London, July 27th 2023 - As Shell reports profits of £11.6 billion ($14.8 billion) for the first half of this year, new analysis shows that the company is set to increase its investment in oil and gas. This comes in a week when sc...

Africa: UK Government’s Announcement On New Oil & Gas Licences Is ‘Morally Depraved’ #AfricaClimateCrisis /in /by

[Global Witness] Statement on UK Government's announcement to award new North Sea oil and gas licences

Nigeria: Bill to Establish Edo Oil Palm Programme Passes Second Reading /in /by

[Premium Times] "It is a billion-dollar industry that has the potential to boost the state's revenue."

Nigeria: Subsidy Removal – Justice Ministry Disagrees With Falana, Restates Warning Against NLC Strike /in /by

[Premium Times] The Justice Ministry restates its warning against the NLC strike over the subsidy removal in a letter addressed to NLC's lawyer, Femi Falana.

Nigeria: Subsidy Removal – Govt to Provide Buses to Tertiary Institutions, Remove Restrictions to Students Loans /in /by

[Premium Times] The desire of the president is to see that students can access their campuses without much difficulty as a result of higher transportation costs.