Entries by AllAfrica News: Petroleum

Africa: Dangote Launches Africa’s Biggest Oil Refinery – 4 Ways It Will Affect Nigeria

[The Conversation Africa] Nigeria's new Dangote petroleum refinery is Africa's biggest - it will produce 650,000 barrels a day, giving it the potential to address the country's energy supply crisis.

Nigeria: Buhari Inaugurates Dangote Refinery, Calls It Game Changer for Nigeria’s Economy

[Vanguard] President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export.

Nigeria: World Bank Advises Govt, States to Stop Payment of Petrol Subsidy

[This Day] Abuja -- The Country Director of the World Bank, Shubham Chaudhuri, has asked the federal and state governments to consider the financial implications that a continuous fuel subsidy regime could have on their revenues, as the government cont...

Nigeria: NUPRC Set to Unlock Nigeria’s Potential in Upstream Petroleum Sector – Official

[Premium Times] Despite the global clamour for decarbonization and energy transition, oil and gas remain relevant in the global energy mix, an official said.

Nigeria: NNPC Ltd Clears $3.8bn Indebtedness to IOCs – Official

[Premium Times] "We have seen the worst, lessons have been learnt, and the solutions are being institutionalised to ensure we never see a repeat," an official said.

Nigeria: Nigeria Needs $12 Billion to Clean Up Oil Spills

[DW] A new report says oil giants Shell and Eni should foot a $12-billion bill to clean up a spills in Bayelsa state -- but they have denied wrongdoing. Instead, Shell and Eni say illegal refineries and oil theft are to blame.

Nigeria: Nigeria Tussles With Shell and Eni Over Oil Spill

[DW] A new report says the oil giants should foot a $12-billion bill to clean up a spill in Nigeria's Bayelsa state -- but they have denied wrongdoing. Instead, Shell and Eni say illegal refineries and oil theft are to blame.

East Africa: Kenya to Build Three Additional Ships to Boost Oil Shipment to Uganda

[allAfrica] Johannesburg -- Kenya is building three ships to guarantee daily trips to Uganda rather than the country's present weekly excursions, according to reports. Kenya's Energy and Petroleum Cabinet Secretary Davis Chirchir said this is in an eff...

Ghana: Comply With Reduction in Fares

[Ghanaian Times] Following any marginal increase in prices of petroleum products, commercial transport unions press for increment in fares for them to, at least, break even so they can remain in business.

Nigeria: NNPCL Plans 300,000 Barrels Daily Crude Supply to Dangote Refinery

[Leadership] Nigeria will now have a ready market for some of its crude oil production in-country as the Nigerian National Petroleum Corporation Limited, said it will be supplying 300,000 barrels daily to the Dangote Refinery set for commissioning next...