Entries by AllAfrica News: Petroleum

Nigeria: Tinubu Writes House, Seeks N500bn From 2022 Supplementary Budget for Subsidy Palliatives

[This Day] Abuja -- President Bola Tinubu has requested the House of Representatives to amend the 2022 Supplementary Appropriation Act for subsidy palliatives.

Nigeria: Oil Theft – Navy Uncovers Sabotaged NNPC Wellhead in Rivers

[Premium Times] "The terrain (site) was discovered by our naval helicopter on routine aerial patrol of the waterways and creeks in our area of responsibility."

Nigeria: NNPC Not Blocking Oil & Gas Sector Deals, Kyari Assures IOCs

[Leadership] The group chief executive officer of the Nigerian National Petroleum Company Ltd, Mele Kolo Kyari, has said that it is not blocking deals by International Oil Companies (IOCs) contrary to speculations in the oil and gas sector.

Nigeria: NNPCL Restates Plan to Sell Shares Soon

[Premium Times] "As a company that is guided under the regulations of the Companies and Allied Matters Act, the NNPC Limited will declare its shares to the public for acquisition very soon."

Nigeria: Persistent Vandalism of NNPCL Pipelines Will Cause Petrol Scarcity, Marketers Warn

[Leadership] The Independent Petroleum Marketers Association of Nigeria (IPMAN), Ejigbo Satellite Depot, has warned of possible scarcity of petrol except the government acts fast to address rampant third party infringement of pipelines at Idimu, Alimos...

Nigeria: Senate Investigates National Petroleum Company Limited’s Subsidy Regime

[Premium Times] Some senators also called for palliatives for Nigerians following the removal of fuel subsidy.

Nigeria: NNPC No Longer Write Rules for Petroleum Industry, Says Kyari

[Vanguard] Abuja -- The Group CEO, of NNPC Limited, Mr Mele Kyari yesterday insisted that the company no longer write rules regulating the oil and gas industry in Nigeria, as it has become a commercial and competitive player.

Uganda: International Human Rights Body Says Uganda’s EACOP Has Left Many Poor

[Nile Post] The Human Rights Watch has said Uganda's East African Crude Oil Pipeline (EACOP) project has devastated thousands of people's livelihoods and will exacerbate the global climate crisis.

Nigeria: Nigeria Seizes Vessel Carrying Stolen Crude Oil, Plans to Eliminate it

[Premium Times] There was no valid documentation for the Vessel or the Crude Oil Cargo onboard at the time of the arrest.

Nigeria: Vessel With Stolen 800,000-Litre Crude Oil Intercepted, Destroyed – NNPCL

[Leadership] A private security contractor, Messrs. Tantita Security Services, has intercepted a suspicious Vessel with a cargo of crude oil onboard.