Entries by AllAfrica News: Petroleum

Rwanda: Fuel Prices Rise Following Adjustments in Global Oil Market

[New Times] Rwanda Utilities Regulatory Authority (RURA) on Tuesday, October 3, announced a rise in prices for petrol and diesel, citing the adjustments in the global oil market.

South Africa: Does Standard Bank’s Clean Energy Funding Outweigh Its Controversial Dirty Energy Deal Facilitation?

[Daily Maverick] Lungisa Fuzile, Standard Bank South Africa's chief executive, maintains that the bank has a strong commitment to renewable energy, financing R5 in renewable energy for every R1 lent to non-renewable power in 2022.

South Africa: Fuel Prices to Increase From Wednesday October 1, 2023

[SAnews.gov.za] South Africans will once again have to tighten their belts as the fuel prices are set to increase on Wednesday.

Nigeria: Shell Data Under Scrutiny as Methane Emissions Rise

[Premium Times] With over a third of methane emissions stemming from fossil fuels production and operation, oil majors - led by Shell - publicly claim to be reducing their methane pollution.

South Africa: Environment Ministry Gives Total Green Light for Western Cape Coast Offshore Drilling

[Daily Maverick] French hydrocarbon company TotalEnergies can proceed with plans to drill for oil and gas off the Western Cape coast after Environment Minister Barbara Creecy rejected an appeal from 18 NGOs and individuals. They can apply to have the d...

Africa: COP28 President Urges Oil Industry to Step Up on Climate Action

[allAfrica] COP28 President-designate Dr. Sultan Al Jaber called on the oil and gas industry to rally around ambitious decarbonization targets as part of the COP28 Presidency's Action Agenda to fast-track the energy transition and keep 1.5C within reach.

Nigeria: Nigeria’s Blue Economy Ministry to Harness Marine Resources

[The Conversation Africa] Nigeria's President Bola Ahmed Tinubu announced a new ministerial portfolio in August: Marine and Blue Economy. This was welcome news as it renewed hope for economic development outside the oil sector. We asked marine sustaina...

Nigeria: OVH Acquisition – NNPC Retail Workers Reveal Alleged Gaps in Reps Committee’s Probe

[Premium Times] The NNPC workers urged the House of Representatives committee probing the NNPC-OVH deal to carry out a thorough investigation and ensure justice.

Nigeria: 60 Days to Go… Heat Turns on MDs of Warri, Port Harcourt Refineries Over Deadline

[Leadership] The managing director of Port Harcourt Refining Company Limited (PHRC) Engr Ibrahim Onoja, and the acting managing director of Warri Refining and Petrochemical Company (WRPC), Mrs Usua Ofonmbuk Edet, are currently under pressure to meet th...