Entries by AllAfrica News: Petroleum

Nigeria: Nigeria Records 33.58% Reduction in Fuel Consumption, Says NMDPRA Boss /in /by

[Vanguard] The Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Farouk Ahmed, yesterday, said that industry deregulation has actually seen a 33.58 percent reduction in fuel consumption of Nigerians. A...

Nigeria: Despite Petrol Subsidy Removal, Crises Linger in Nigeria’s Downstream Sector /in /by

[Premium Times] The crises hampering operations in the oil sector linger as Nigerians continue to lament the ripple effect of high pump prices.

Nigeria: Nigeria Wins As UK Court Dismisses $11 Billion P&ID Suit /in /by

[Premium Times] The UK court upheld Nigeria's prayer on the grounds that the ill-fated gas processing contract was obtained by fraud.

Nigeria: Nigeria Wins As UK Court Dismisses $11 Billion P&ID Suit /in /by

[Premium Times] The UK court upheld Nigeria's prayer on the grounds that the ill-fated gas processing contract was obtained by fraud.

Nigeria: Pipeline Contract – Group Cautions Ex-Militants Against Sabotaging Tompolo /in /by

[Premium Times] Some ex-militants in the region had criticised the recent extension of the pipeline surveillance contract awarded to Tantita Security Services led by Government Ekpemupolo, popularly known as Tompolo.

Nigeria: Rights Group Tasks NNPC On Oil Sector Repositioning /in /by

[Leadership] A human rights group, Coalition for Good Governance and Open Leadership in Nigeria has urged the management of the Nigerian National Petroleum Corporation (NNPC) to support President Bola Tinubu's efforts at repositioning the oil sector.

Angola: President Discusses Lobito Refinery Construction /in /by

[ANGOP] Luanda -- Angolan president João Lourenço on Wednesday granted an audience in Luanda to the CEO of the Chinese state-owned company China National Chemical Engineering (CNCE), Weng Gang, to learn about the construction project of Lobit...

Africa: U.S. Wants to Support Decarbonisation and New Energy Access in Africa – US Dept Energy’s Volz /in /by

[allAfrica] Cape Town -- Joshua Volz, Deputy Assistant Secretary for Europe, Eurasia, Africa, Middle East in the US Department of Energy, is in Cape Town, South Africa, for Africa Energy Week, and his first stop is Critical Minerals Africa 2023. allAfr...

East Africa: Standard Bank Ponders U.S.$120 Million Investment in East African Pipeline While Awaiting Clarifications /in /by

[Daily Maverick] Standard Bank, one of Africa's biggest banks, has been under fire for its potential involvement in the controversial East African Crude Oil Pipeline project. The bank says the project will not continue the destructive legacy of fossil ...

Nigeria: $1.1 Billion Malabu Oil Fraud – Judge Berates EFCC Over Delay in Trial of Adoke, Others /in /by

[Vanguard] Abuja -- Trial Justice Idris Kutigi of a High Court of the Federal Capital Territory sitting at Jabi, on Wednesday, slammed the Economic and Financial Crimes Commission, EFCC, over its tardy prosecution of defendants involved in alleged $1.1...