Entries by AllAfrica News: Petroleum

Nigeria: Nigeria Spent N4 Trillion in 2022 on Petrol Subsidy – Official /in /by

[Premium Times] According to an official, in 2022, the Nigerian government expended more than N4 trillion on PMS subsidy.

Mozambique: Palma Attack Victims Take TotalEnergies to Court /in /by

[allAfrica] Seven survivors and family members of victims of a militant attack in Mozambique filed a complaint against TotalEnergies for "involuntary manslaughter and failure to provide assistance to a person in danger", RFI reports.

Nigeria: Nigerian Regulators, Oil Marketers to End Petrol Distribution Challenges /in /by

[Premium Times] "So, NNPC has assured of supply and also the marketers have expressed their concerns about the availability of foreign exchange to also import and sell at the price," Mr Ahmed said.

Nigeria: Nigerian National Petroleum Company Limited Now Sole Importer of Petrol – Official /in /by

[Premium Times] "We are the only company importing premium motor spirit (PMS) into the country," an official said.

Rwanda: Rwanda Shuts Down Its Diesel Power Plants /in /by

[New Times] Rwanda turned off all its diesel power plants in June this year as the country's hydroelectricity and methane gas sources expanded to make a significant contribution to the national grid.

Nigeria: Nigeria Requires $25bn Investment to Achieve 4m Barrels Daily Oil Production /in /by

[Leadership] A reconstructed energy transition agenda and annual investment of about $25 billion would help address Nigeria's energy woes and support the country's efforts to realise 4 million barrels daily oil production.

Nigeria: Nigeria to Become Net Exporter of Petrol – NNPCL /in /by

[Premium Times] "Today, we export 100 per cent of our productions, no resource-dependent country does this and that is why we must deliver on our mandate," an official noted.

Nigeria: Fuel Subsidy Hasn’t Returned, Says Mele Kyari /in /by

[Daily Trust] Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, on Monday, said the administration of President Bola Tinubu has not reinstated fuel subsidy.

Nigeria: Nigeria Govt Not Paying Subsidy On Petrol – NNPCL /in /by

[Premium Times] "No subsidy whatsoever. We are recovering our full cost from the products that we import. We sell to the market and we understand why the marketers are unable to import," an official said.

Nigeria: Review of Border Towns’ Fuel Supply Ban Underway – Customs CG /in /by

[Daily Trust] The Acting Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi, has said the federal government's subsisting restriction order placed on the supply of petroleum products to border communities may be reviewed "in the n...