Entries by AllAfrica News: Petroleum

Ghana: V/R Minister Pledges Support to Petroleum Downstream Regulation

[Ghanaian Times] The Volta Regional Minister, Dr Archibald Yao Letsa, has pledged to cooperate with National Petroleum Authority (NPA) to regulate the petroleum downstream industry in the region.

Nigeria: Reps Probe Alleged $4bn Crude Oil Theft

[Vanguard] The House of Representatives yesterday resolved to investigate crude oil theft to the tune of $4 billion, with a view to curbing economic loss to the country and ensuring that everyone involved was brought to book.

Nigeria: Nigeria’s NCDMB, Equatorial Guinea Mull New Opportunities in International Oil Sector

[Premium Times] The NCDMB says Nigeria and Equitorial Guinea can collaborate to exploit their oil and gas resources to the fullest.

Nigeria: Nigeria, Others Earn $873.6bn From Oil Export in 2022

[Vanguard] Nigeria and other member countries of the Organization of Petroleum Exporting Countries, OPEC, earned $873.6 billion from oil export in 2022.

Nigeria: Subsidy Removal – Be Patient, Palliatives Will Come, Tinubu Tells Nigerians

[Leadership] President Bola Ahmed Tinubu yesterday in Abuja urged Nigerians to exercise patience as the framework for palliatives to ameliorate the hardship brought on by the petrol subsidy removal were being worked out.

Nigeria: Tinubu Writes House, Seeks N500bn From 2022 Supplementary Budget for Subsidy Palliatives

[This Day] Abuja -- President Bola Tinubu has requested the House of Representatives to amend the 2022 Supplementary Appropriation Act for subsidy palliatives.

Nigeria: Oil Theft – Navy Uncovers Sabotaged NNPC Wellhead in Rivers

[Premium Times] "The terrain (site) was discovered by our naval helicopter on routine aerial patrol of the waterways and creeks in our area of responsibility."

Nigeria: NNPC Not Blocking Oil & Gas Sector Deals, Kyari Assures IOCs

[Leadership] The group chief executive officer of the Nigerian National Petroleum Company Ltd, Mele Kolo Kyari, has said that it is not blocking deals by International Oil Companies (IOCs) contrary to speculations in the oil and gas sector.

Nigeria: NNPCL Restates Plan to Sell Shares Soon

[Premium Times] "As a company that is guided under the regulations of the Companies and Allied Matters Act, the NNPC Limited will declare its shares to the public for acquisition very soon."

Nigeria: Persistent Vandalism of NNPCL Pipelines Will Cause Petrol Scarcity, Marketers Warn

[Leadership] The Independent Petroleum Marketers Association of Nigeria (IPMAN), Ejigbo Satellite Depot, has warned of possible scarcity of petrol except the government acts fast to address rampant third party infringement of pipelines at Idimu, Alimos...