Entries by AllAfrica News: Petroleum

Ghana: No Funds for DACF for 2yrs… Finance Ministry Fails to Transfer 5 Percent Oil Revenue /in /by

[Ghanaian Times] For two consecutive years, the Ministry of Finance has failed to transfer five per cent of the Annual Budget Funding Amount (ABFA) of the country's oil revenue to the District Assembly Common Fund (DACF) as required by law.

Nigeria: NNPC Resumes Oil Exploration in Borno After 6 Years /in /by

[Daily Trust] The Nigerian National Petroleum Company Limited (NNPC) has resumed oil exploration in the Lake Chad Basin in Borno state.

Nigeria: Nigerian Petroleum Agency to Begin Licensing Enforcement By June /in /by

[Premium Times] An official said that some organisations are operating outside the regulatory oversight which is not in accordance with the Petroleum Industry Act (2021).

Nigeria: Africa’s Refining Industry On Path to Recovery in 2023 – Report /in /by

[This Day] Abuja -- The reopening of some refineries in Africa and the gradual commissioning of new facilities will mark the recovery of the continent's downstream industry in 2023, according to Hawilti's African Refineries report.

Nigeria: $21bn Revenue, 100,000 Jobs Coming From Our Refinery – Aliko Dangote /in /by

[Vanguard] Amid encomiums from eminent personalities, including President Muhammadu Buhari and presidents of five other African countries, founder and President of Dangote Group, Alhaji Aliko Dangote, yesterday expressed optimism that the newly commiss...

West Africa: U.S.$19 Billion Dangote Refinery Will Make West Africa Stronger – President Akufo-Addo /in /by

[GhanaToday] Ghana's President, Nana Addo Dankwa Akufo-Addo, has called for support for the Dangote Refinery and Petrochemical Complex to succeed as it would surely make West Africa and Africa better, stronger and prosperous.

Nigeria: Dangote Already Repaying Loans Taken to Build Refinery – Emefiele /in /by

[Premium Times] "I am pleased to inform everyone today that, following extensive repayments, outstanding debt has dropped appreciably from over US$9 billion to US$2.7 billion," Mr Emefiele said.

Nigeria: As Nigeria Inaugurates Significant Oil Refinery, African Parliamentarians Discuss Climate Change Concerns /in /by

[Premium Times] According to the WHO African Region, climate change is expected to cause approximately 250,000 additional deaths per year between 2030 and 2050.

Nigeria: 16 Yrs After Bluestar Setback, Dangote Lives His Dream /in /by

[Leadership] Sixteen years after the BlueStar setback, Aliko Dangote's dream of owning a refinery has now come to fruition.

Nigeria: With Dangote Refinery, Nigeria Would Have Excess Refined Petroleum for Export – Buhari /in /by

[This Day] History was made yesterday as President Muhammadu Buhari inaugurated the first indigenous refinery in Nigeria, the $18.5 billion Dangote Petroleum Refinery, in Ibeju-Lekki, Lagos. Owner of the facility, Africa's richest man and global busine...