[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.
Author Archive for: AllAfrica News: Petroleum
Entries by AllAfrica News: Petroleum
[Ghanaian Times] Some Oil Marketing Companies (OMCs) have started reducing the prices of petroleum products at the pumps.
[Premium Times] The force majeure was declared on March 3, 2022
[African Arguments] Though the legal claim against TotalEnergies was dismissed on technicalities, it set some bold precedents.
[Vanguard] .As OPEC, IEA present positive outlooks
[This Day] The Shell Petroleum Development Company of Nigeria Limited (SPDC) said it has lifted the force majeure on its 250,000 barrels per day (bpd) Bonny export terminal with effect from Wednesday, 15 March, 2023.
[DW] The Democratic Republic of Congo wants more money for climate projects. Otherwise, oil drilling could replace fishermen in the world's largest peat bog. And that could spell devastation for the environment.
[Premium Times] Under the federal government's 2022 to 2023 Medium-Term Expenditure Framework, a proposal of N3.3trillion was only made for fuel subsidy between January and June 2023.
[Premium Times] "It is to provide platforms for strategic partnership/alliance between the awardees and the service providers..."
[This Day] ·Moody's places six US banks on potential rating downgrades
