Entries by AllAfrica News: Petroleum

Nigeria: Lake Chad Oil Well to Yield 943m Barrels As Buhari Flags Off Exploration /in /by

[Daily Trust] The Wadi-B Well in the Lake Chad Basin area of Borno State is expected to produce 943 million barrels of oil.

Nigeria: NNPCL to Boost Oil Reserves As Fresh Drilling Begins in Borno /in /by

[Premium Times] Borno State Governor Babagana Zulum noted that oil prospecting and exploration in Borno will create job opportunities for young people

Nigeria: Dangote’s $18.5bn Refinery Sparks Fresh Controversy in Ogun /in /by

[Daily Trust] Inauguration of the multi-billion dollar Dangote Refinery ]has sparked fresh controversy in Ogun State, Daily Trust reports.

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.