Entries by AllAfrica News: Petroleum

Nigeria: Fuel Subsidy and the Arrogance of the Elite

[Vanguard] For the past few weeks, I have restrained myself from commenting on the controversial issue of subsidy removal. I've heard many pundits, commentators and columnists utter their criticism against what was once the consensual position of the p...

Nigeria: Police Foil Attempt to Steal From NNPC Pipeline in Lagos – Spokesman

[Daily Trust] The police command in Lagos State says its operatives have foiled an attempt by hoodlums to steal oil at the Nigerian National Petroleum Corporation (NNPC) Pipeline.

Angola: Government Reiterates Oil Exploration Strategy

[ANGOP] Luanda -- Angolan minister of Mineral Resources, Oil and Gas, Diamantino Azevedo reiterated, in Vienna, the country's strategy to stabilize the oil production based on the dynamization of exploration and bidding for new blocks.

Nigeria: Troops Destroy 30 Illegal Refining Sites, 125 Storage Tanks in Niger Delta

[Premium Times] The troops also recovered 1,675,700 litres of crude oil, 74,500 litres of Automotive Gas Oil, ten vehicles, 20 motorcycles, eight weapons and 330 assorted ammunitions during the operation.

Egypt: Petroleum Ministry – New Oil Refining, Petrochemical Projects At $9 Bn Investments

[Egypt Online] The Petroleum Ministry works on carrying out new oil refining and petrochemical projects with $9-billion investments.

Nigeria: Military Destroys 30 Illegal Refineries, Arrests 42 Suspects in 3 Weeks

[Leadership] The Defence Headquarters, (DHQ) has said troops of Joint Task Force Operations DELTA SAFE discovered and destroyed 30 Illegal refining sites and arrested 42 economic saboteurs in three weeks operations.

Tanzania: Why July Fuel Prices Down Despite Govt New Levy

[Daily News] SOME economists on Wednesday attributed the lowered retail and wholesale prices of petrol and diesel in the local market to high production and low demand in the global market.

Nigeria: Senate Steps Down Motion to Probe Failure of Refineries to Produce Oil

[Premium Times] The Senate President, Godswill Akpabio, said the motion was stepped down until relevant ministers have been appointed by President Bola Tinubu.

Nigeria: Nigeria, Angola Now Biggest Oil Drilling Markets in Sub-Saharan Africa – Report

[Vanguard] Nigeria has equaled Angola as the largest oil drilling market in sub-Saharan this year, according to a report by Hawilti and the Caverton Offshore Support Group Plc.