Entries by AllAfrica News: Petroleum

East Africa: Kampala Readies to Host EAC Petroleum Conference, Exhibition /in /by

[Daily News] UGANDA Minister of Energy and Mineral Development, Dr Ruth Ssentamu has confirmed preparations were in the final stages as Uganda readies to host the 10th East African Petroleum Conference and Exhibition, 2023.

Africa: IPCC Report Warning That Global Warming Will Exceed 1.5°C Limit Must Accelerate the Phasing Out of Fossil Fuels #AfricaClimateCrisis /in /by

[AI London] An Intergovernmental Panel on Climate Change (IPCC) report issued today, which warns that global warming this century is on course to exceed an agreed 1.5°C limit without drastic and immediate cuts in greenhouse gas emissions, must acc...

Nigeria: Diesel Price Up 168% to N836.91 As Petrol Rises 54% /in /by

[Vanguard] At the backdrop of the lingering scarcity of petroleum products, the retail price of diesel rose sharply Year-on-Year, YoY, by 168.26 per cent to N836.91 per liter in February 2023 from N311.98 per litre.

Nigeria: Renowned Oil Trader, Jean-Marc Cordier Joins NNPCL /in /by

[Leadership] The Nigerian National Petroleum Company Limited, (NNPCL) has announced the appointment of former Vice President of Abu Dhabi National Oil Company, ADNOC, Jean-Marc Cordier as Head of its oil trading arm, NNPC Trading Ltd.

Nigeria: Shell Reports Sharp Fall in Nigeria Oil Spills After Shutdown /in /by

[This Day] Shell reported a sharp fall in oil spilled as a result of sabotage in Nigeria's oil-rich Delta in 2022 reflecting closure of operations for six months in the wake of attacks.

Nigeria: Nigeria’s LNG Output Still Weak Despite Europe’s Thirst for Spot Supplies – Report /in /by

[This Day] Heavy flooding, upstream gas supply issues and pipeline vandalism have left the six-train Nigeria LNG (NLNG) facility on Bonny Island producing far below capacity since last year, with the trend largely continuing in 2023, a Natural Gas Inte...

Nigeria: Oil Price Steadies After 5% Loss, Lowest in Over 15 Months /in /by

[This Day] Oil prices steadied at the weekend after dropping to near 15-month lows earlier in the session, supported by reports that top producers Saudi Arabia and Russia met to discuss ways to enhance market stability.

Nigeria: Nigeria’s Oil Rigs Count Stagnates, Despite February Crude Production Growth /in /by

[This Day] Despite adding about 48,000 barrels per day in February, Nigeria's oil rigs count stagnated at 13 during the month, THISDAY analysis of the latest data released by the Organisation of Petroleum Exporting Countries (OPEC) has revealed.