Entries by AllAfrica News: Petroleum

Nigeria: Agora Report Prescribes Immediate Reforms, Urges Govt to Boost Oil Revenues

[This Day] Agora Policy, an Abuja think-tank has urged the federal government to work on boosting oil earnings, stressing that the drastic fall in oil revenue has been as a result of the double whammy of lower oil production and petrol subsidy.

Angola: Oil Exports Fall, Revenues Stand At Usd 6.9 Billion

[ANGOP] Luanda -- Angola exported 87.9 million barrels of crude oil in the first quarter of this year, valued at US$6.9 billion, 14.82 percent less compared to the previous period.

Nigeria: NNPC Dismisses Reports of Inadequate Funding for AKK Gas Pipeline Project

[Vanguard] Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has dismissed reports claiming that the corporation failed to release funds for the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project.

Nigeria: Halliburton Nigeria Oil Production Facility Reaches 10m Barrels Milestone

[This Day] Abuja -- Halliburton Testing and Subsea (TSS) Nigeria has celebrated two significant milestones, including an Early Production Facility (EPF) and processing of its 10 millionth barrel of oil as well as reaching the milestone with zero lost-t...

Liberia: Exxonmobil Applies Again for Oil Blocks

[FrontPageAfrica] Monrovia -- The Liberia Petroleum Regulatory Authority (LPRA) says it has received pre-qualification application from ExxonMobil for four offshore blocks in Liberia.

Nigeria: SERAP Asks Buhari to Investigate ‘Missing’ 149 Million Barrels of Crude Oil

[Premium Times] The organization asked the outgoing president to set up a presidential panel of enquiry to investigate the missing crude oil.

Nigeria: Serap Threatens to Sue Federal Govt If It Fails to Probe Missing Crude Oil

[Leadership] Socio-Economic Rights and Accountability Project (SERAP) has threatened to drag the federal government to court if it fails to investigate allegations that over 149 million barrels of crude oil are missing and unaccounted for.

Nigeria: Malami Bows to Pressure, to Appear Before Committee On Alleged Sale of 48 Billion Barrels of Crude

[This Day] The Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami yesterday expressed readiness to provide relevant information on the alleged sale of 48 million barrels of crude oil amounting to over $2.4 billion and cru...

Nigeria: ‘Missing’ 48 Million Barrels of Oil – Malami Finally Agrees to Appear Before Reps

[Premium Times] Mr Malami and his counterpart in the Ministry of Finance and National Planning, Zainab Ahmed, had repeatedly shunned the public hearing on the missing crude oil.