Entries by AllAfrica News: Petroleum

Angola: Sonangol Declares Not Owning Ship Hit By Missile in Red Sea

[ANGOP] Luanda -- Angolan national oil company Sonangol on Monday, in Luanda, clarified that the tanker named "Marlin Luanda", hit by a missile in the Red Sea, is not part of its fleet or freighted vessels.

Nigeria: $20bn Dangote Refinery to Import Crude Oil From United States

[Vanguard] The $20 billion Dangote Refinery has concluded plans to import crude oil from the United States in the coming months.

Uganda: Oil and Gas Sector Advances Key Projects Ahead of Production

[Independent (Kampala)] Energy Minister Ruth Nankabirwa shares progress on the refinery, EACOP, and related projects

Nigeria: Atiku Asks Tinubu to Explain NNPC’s $3.3bn Repayment Loan Deal

[Premium Times] NNPCL had on 16 August 2023 said it would secure a $3.3 billion loan to give support to the Naira and stabilise the foreign exchange market

Nigeria: Tinubu Meets Chevron Executives, Hails Company’s Ongoing $1.4bn Drilling Project With NNPC

[Premium Times] President Tinubu said the federal government's interventions in the oil and gas sector will safeguard and enhance the value of investments.

Nigeria: Oil Marketers Await $20bn Dangote Refinery On Lifting Modalities

[Vanguard] Oil marketers said they are waiting for the $20 billion Dangote Refinery to present modalities, drafted to guide the lifting of its petroleum products.

Nigeria: Months After Fuel Subsidy Removal in Nigeria – So Far, How Good?

[Vanguard] In the run-up to the 2023 general elections, one of the hotly debated issues was the removal of fuel subsidy. Presidential candidates vowed to remove upon assuming office. Subsequently and in the presidential inauguration address on 29 May, ...

Nigeria: Nigeria’s Non-Oil Export Declines to $4.5bn in 2023 – Nepc

[Daily Trust] Nigeria's non-oil export has dropped by over $300 million from $4.8 billion in 2022 to $4.5 billion in 2023, the Nigerian Export Promotion Council (NEPC) has disclosed.