Entries by AllAfrica News: Petroleum

Nigeria: No Increase in Petrol Pump Price – NNPC /in /by

[Premium Times] "NNPC Ltd urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price," NNPCL said.

Nigeria: Bonga Oil Spill – Niger Delta Communities Protest in Abuja Over $3.6bn Shell Award /in /by

[Premium Times] Some members of the Niger Delta communities affected by the 2011 Bonga oil spill staged a protest at the Federal Ministry of Justice in Abuja, demanding the enforcement of the award against oil giant, Shell.

Nigeria: Nigeria Fails to Meet Oil Production Targets in 10yrs /in /by

[Daily Trust] Despite having crude oil in abundance, Nigeria has consistently failed to meet oil production targets as stipulated in national budgets over the last 10 years, investigations by Daily Trust have shown.

Nigeria: CBN’s Takeover of Sales Proceeds From NNPCL Illegal – Atiku /in /by

[Leadership] Former vice president Atiku Abubakar has said the directive by the federal government for the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales proceeds from the Nigerian National Petroleum Company Limited (...

Nigeria: No to Third Party Operation of Port Harcourt Refinery /in /by

[Daily Trust] On January 15, 2025, the Nigerian National Petroleum Company Limited (NNPCL), the formerly government-owned corporation, which transformed to a limited liability company in July 2022, but still owned by the government, launched a tender s...

Nigeria: Tinubu Orders AGF, EFCC, Others to Resolve $1.3 Billion Malabu Oil Deal Saga /in /by

[Premium Times] An official said that parties involved in the deal were negotiating to end the more than 28 years crisis and litigation surrounding the prolific Malabu oil block located in southern Niger Delta in the next one month.

Nigeria: NSCDC Arrests Six Suspects for Illegal Dealing in Petroleum Product /in /by

[Premium Times] NSCDC says the suspects disguised as a joint task force of a security agency and were found with a truck conveying about 45,000 litres of diesel to an unknown destination without requisite documents.

Nigeria: Over 30 Feared Dead As Tanker Explodes in Imo Forest /in /by

[Vanguard] Owerri -- Over 30 bodies were said to have burnt to ashes after a tanker suspected to be used by oil bunkers exploded in the forest of Obitti, Ohaji/Egbema Local Government Area of Imo State.

Nigeria: NNPC Ltd to Petrol Tanker Owners – Tough Times Will End Soon /in /by

[Vanguard] Abuja-The Group CEO of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari, has assured transport owners that the challenging business environment in haulage of petroleum products across the country would end soon.

Nigeria: NNPC in Talks With South Korean Investors for Gas Projects /in /by

[Premium Times] "The talks will pave the way for the execution of a Memorandum of Understanding (MoU) that will unlock strategic foreign direct investment...," the statement said.