Entries by AllAfrica News: Petroleum

Nigeria: Urhobo Nation Warns Federal Govt, IOCs Over ‘Deliberate Exclusion’

[Leadership] The Urhobo Ethnic Nationality in the Niger Delta has warned the federal government and oil companies that it would no longer accept "deliberate, systematic and oppressive exclusion" of its people from the management and administration of N...

Nigeria: Why Regulatory Synergy Is Key to Growth and Investor Confidence in Nigeria’s Petroleum Sector

[Premium Times] The Nigerian oil and gas industry has frequently been in the news for various reasons. Decades before the Petroleum Industry Act (PIA) was enacted in August 2021, the country's oil and gas exploration sector faced significant challenges...

Nigeria: Upstream Regulator Opens 90-Day Fast-Track Window for Oil Wells, Field Plans’ Approval

[Leadership] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has opened a 90-day fast-track window for approving oil wells, Field Development Plans (FDPs), rig mobilisations, and other quick-win opportunities, to meet the two million barr...

Ghana: Gold for Oil Programme Faces Gh¢2.2bn Audit

[Ghanaian Times] The Bank of Ghana has ordered an external audit into the implementation of the Gold for Oil programme covering the period between 2022 and 2024, Governor of the Bank of Ghana, Dr Johnson Asiama, has announced.

Kenya: Fuel Prices Ease As Decline in Landed Costs Pushes Petrol Down

[Capital FM] Motorists have received modest relief at the pump after the Energy and Petroleum Regulatory Authority (EPRA) cut the price of petrol by Sh2 per litre driven by a decline in the landed cost of imported fuel.

Kenya: Govt Defends South Lokichar Oil Plan As Parliament Faces Tight Review Deadline

[Capital FM] Nairobi -- The Government has defended its decision to approve the South Lokichar Field Development Plan (FDP), arguing that the project is legally sound, economically viable and critical to unlocking Kenya's upstream petroleum potential.

Nigeria: From Caracas to Abuja – the Politics of Oil and Force, By Dakuku Peterside

[Vanguard] In one stroke, Venezuela has been turned into both a courtroom drama and a geopolitical doctrine. When U.S. forces seized Nicolás Maduro in Caracas on 3 January 2026, Washington did more than remove a leader it calls a narco-criminal; i...

Nigeria: How Auwalu Rano Is Rewriting Nigeria’s Oil Story

[This Day] The future of filling fuel tanks in Nigeria might not involve talking to anyone at all. The first fully automated, unmanned fuel stations are set to begin operations in January 2026.

Nigeria: Crude Oil Prices Rise As Global Market Weighs Iran, Russia, Venezuela Supply Risks

[This Day] Abuja -- Oil prices rose two per cent at the weekend on growing supply worries linked to intensifying protests in oil-producing Iran, an escalation of attacks in Russia's war in Ukraine as well as issues surrounding the recent capture of the...

Africa: Nigeria and South Africa Risk Breaking Climate Change Pledges

[The Conversation Africa] Just 20 countries produce 80% of the world's oil, gas and coal. Since 2019, researchers have released regular reports analysing how these governments plan to continue drilling and mining for fossil fuels - and how those plans ...