Entries by AllAfrica News: Petroleum

Nigeria: Release Details of Petrol Landing Cost, Pricing Template, Atiku’s Aide Tells Federal Govt

[Leadership] Phrank Shaibu, the Special Assistant on Public Communication to former Vice President Atiku Abubakar, has dared the All Progressives Congress(APC)-led Federal Government to publish the landing cost of petrol as well as the pricing template...

Nigeria: NEITI Report – SERAP Demands Probe of $15bn, N200bn Missing Oil Revenues

[Leadership] Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to set up a presidential panel of enquiry to probe the allegations contained in the recent reports of Nigeria Extractive Industries Transparency Initi...

Nigeria: UNGA 78 – NNPCL Signs Up to United Nations Global Compact

[Premium Times] The NNPCL says the signing places it as the first state-owned oil company to join the global initiative.

Uganda: The Bitter-Sweet Sides of Uganda’s Oil and Gas Development

[IPS] Kampala, Buliisa, Kikuube -- French oil and gas giant TotalEnergies and China National Offshore Oil Corporation (CNOOC) are moving with pace in the development of oil and gas projects with a potential investment portfolio estimated at more than U...

South Africa: Committee On Mineral Resources and Energy Concludes Processing of Upstream Petroleum Development Bill

[Parliament of South Africa] The Portfolio Committee on Mineral Resources and Energy concluded clauses by clause on the Upstream Petroleum Resources Development Bill and adopted its report on the Bill yesterday. The committee is going to table its repo...

Nigeria: Pressure On Petrol, Diesel Prices As Crude Hits $97.17

[Vanguard] There are indications that pressures are mounting on the pump price of petrol as the landing cost has risen by 19.3 per cent to N596.93 per litre as of yesterday, from about N500 per litre in July 2023, when the last pump price adjustment wa...

Nigeria: NNPC Ready to Supply Our Refinery With Crude Oil in Few Weeks – Dangote

[This Day] The President of the Dangote Group, Aliko Dangote, has risen in defense of the Nigerian National Petroleum Company Limited (NNPC) against the purported denial of crude oil supply to his 650,000 barrels per day (bpd) refinery by the national ...

Nigeria: Naira Weakens to 990/$1 On Parallel Market As Dollar Demand Overwhelms Supply

[This Day] The naira came under intense pressure yesterday, leading to a significant depreciation as it fell to N990 to a dollar at the parallel market segment of the foreign exchange market, compared to the N950 to a dollar it traded the previous day.

Nigeria: Reps Quiz NPA Over Sale of Vessels, Other Items

[Premium Times] The committee also asked NPA to bring the list of properties slated for auctioning and evaluation reports.