Entries by AllAfrica News: Petroleum

Nigeria: Again, Malami Distances Self From Illegal Sale of 48 Million Barrels of Crude, Insists Allegations False /in /by

[This Day] The Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami, has once more disassociated himself from the allegation of illegal sale of 48 million barrels of crude oil valued at $2.4 billion, insisting that it's false.

Africa: Greenwashing – Energy Companies Make False Claims About Sustainability – They Should Be Held to Account /in /by

[The Conversation Africa] Companies implement corporate social responsibility (CSR) as a way to present an environmentally responsible image and therefore gain legitimacy in the eyes of their stakeholders. But some companies don't actually live up to t...

Nigeria: Shell’s Sale of Its Niger Delta Oil Business Must Not Worsen Human Rights Abuses – Amnesty /in /by

[AI London] Nigeria's new government, which will be sworn in on 29 May, must ensure that Shell's planned sale of its operations in the Niger Delta, does not lead to a further deterioration in human rights in a region blighted by decades of oil pollution.

Nigeria: Refinery – We’ll Ask Dangote to Sell Forex At Good Rate – Emefiele /in /by

[Vanguard] With the Dangote Refinery set to deliver its first products in July, the governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, said yesterday that the refinery would be persuaded to sell foreign exchange earnings to banks at a go...

Nigeria: After 17 Months’ Probe, Reps Panel Fail to Ascertain Daily Petrol Consumption /in /by

[Daily Trust] The ad hoc committee set up by the House of Representatives to investigate and determine the actual volume of petrol consumed by Nigerians daily, said it was unable to ascertain the actual daily fuel consumption after a probe which took 1...

Nigeria: We Found Oil Where Others Ran Away – NNPC /in /by

[Vanguard] Maiduguri -- Nigeria's hopes of increasing its crude oil reserves has received a fresh boost as the state-owned oil company, the Nigerian National Petroleum Company Ltd, has commenced an oil drilling campaign at the Wadi-B located in Jere Lo...

Nigeria: Lake Chad Oil Well to Yield 943m Barrels As Buhari Flags Off Exploration /in /by

[Daily Trust] The Wadi-B Well in the Lake Chad Basin area of Borno State is expected to produce 943 million barrels of oil.

Nigeria: NNPCL to Boost Oil Reserves As Fresh Drilling Begins in Borno /in /by

[Premium Times] Borno State Governor Babagana Zulum noted that oil prospecting and exploration in Borno will create job opportunities for young people

Nigeria: Dangote’s $18.5bn Refinery Sparks Fresh Controversy in Ogun /in /by

[Daily Trust] Inauguration of the multi-billion dollar Dangote Refinery ]has sparked fresh controversy in Ogun State, Daily Trust reports.