Entries by AllAfrica News: Petroleum

Nigeria: Nigeria Lost Over $300 Billion to Oil Theft, Auditors Tell Senate

[Premium Times] The committee also recommended that the federal government establish a special court to prosecute oil-related offences.

Nigeria: Senate Panel Submits Interim Report, Says Over $300bn Lost to Oil Theft

[Leadership] The Senate on Wednesday received the interim report of its Ad Hoc Committee investigating the incessant and nefarious acts of crude oil theft and related sabotage in the Niger Delta region, with findings indicating that Nigeria may have lo...

Nigeria: Ogoni Clean-Up – Hyprep Project Collapses 4 Days After Commissioning

[Daily Trust] One of the facilities built under the Hydrocarbon Pollution Remediation Project (HYPREP) in Ogoni land, Rivers State, has collapsed.

Malawi: Nation At a Standstill – Fuel Crisis Cripples Malawi

[Nyasa Times] Malawi has ground to a halt. From Blantyre to Karonga, long, winding queues of vehicles at fuel stations have become the new national landmark -- a symbol of frustration, economic pain, and leadership paralysis.

Liberia: Joint Committee Begs for More Time to Review ‘Controversial’ Oil Contracts

[FrontPageAfrica] Capitol Hill, Monrovia -- The Joint Committee on Hydrocarbon, Investment and Concession, Judiciary, and Contracts and Monopolies of the House of Representatives has requested additional time from plenary to complete its review of eigh...

Malawi: Mera Under Fire As Motorists Fume Over Worsening Fuel Crisis

[Nyasa Times] Malawi's fuel crisis has entered another painful chapter -- and motorists say enough is enough. Across the country, long queues of frustrated drivers snake through streets, turning fuel stations into scenes of anger, exhaustion, and despe...

Nigeria: Disaster Averted As Fuel Tanker Falls Near Nimasa Office in Lagos

[Vanguard] A major disaster was averted, yesterday evening, after a fuel-laden tanker fell and spilled its contents in front of the Nigerian Maritime Resources Development Centre, a facility of the Nigerian Maritime Administration and Safety Agency, NI...

Nigeria: Govt Seeks IMF Support for Transparent Fuel Price Framework

[Vanguard] The Federal Government has sought the technical support of the International Monetary Fund (IMF) to design a transparent fuel price modulation framework that will cushion domestic price shocks and strengthen Nigeria's fiscal stability.

Malawi: TotalEnergies Loses Appeal As Supreme Court Clears $480 Million Fuel Dispute for Trial

[Nyasa Times] The Malawi Supreme Court of Appeal has thrown out an appeal by TotalEnergies, paving the way for a full trial in a blockbuster $480 million (about K824 billion) lawsuit jointly filed by the Malawi Government and local fuel supplier Prima ...