Entries by AllAfrica News: Petroleum

Nigeria: NNPC Announces Discovery of New Oil Well in Niger Delta

[Premium Times] The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the discovery of a new oil well, Awodi-07, in the shallow offshore western Niger Delta region.

Nigeria: Non-Oil Exports – Nigeria’s Fast Track to Growth, Fx Stability

[This Day] Nigeria's non-oil export landscape is undergoing a structural transformation. Recent data from the Nigerian Export Promotion Council (NEPC) shows that non-oil exports crossed $4.5 billion in 2024, driven by solid performance in cocoa, sesame...

Nigeria: Tragedy Waiting to Happen – Recurring Danger of Fuel Scooping

[Vanguard] Nigerians were, once again, confronted Monday last week with a grim reminder of a recurring national failure: the deadly practice of scooping diesel or petrol from accident scenes.

Nigeria: Can Nigeria’s Projected Growth Add Up to 2026 Global Oil Demand Forecast

[Leadership] The Nigerian National Petroleum Company Limited (NNPCL) is cautiously optimistic that a wave of fresh capital will flow into the country's oil and gas sector, citing President Bola Tinubu's investment-friendly reforms and executive orders.

Nigeria: Shell Global CEO Hails President Tinubu, Says His Leadership, Vision Reasons Company Is Keen to Invest $20 Billion in Nigeria

[Premium Times] He emphasised that Nigeria, under the Tinubu administration, is one of the countries attracting significant investment from global oil companies.

Tanzania: Zanzibar Moves Ahead With 3D Oil Survey

[Daily News] Zanzibar -- ZANZIBAR has taken a major step in reviving its oil and gas exploration after the Zanzibar Petroleum Development Corporation (ZPDC) signed a contract with Africa Geophysical Services (AGS) to conduct a 3D seismic survey.

Kenya: Traffic Resumes On Nairobi Southern Bypass After Oil Tanker Explusion

[Capital FM] Nairobi -- Traffic along the Nairobi Southern Bypass has been fully reopened following an oil tanker accident that disrupted movement on Saturday.

Nigeria: Why Oil Giant Is Investing Additional $20bn in Nigeria – Shell CEO

[This Day] Global Chief Executive of Shell Plc, Mr Wael Sawan, has explained why the company is planning to invest additional $20 billion in the nation's oil and gas sector, lauding President Bola Tinubu's for creating a healthy climate for investments...

West Africa: Nigeria’s Oil Industry in Retrospect

[This Day] Nigeria's oil and gas industry witnessed an eventful year in 2025, with several issues shaping the sector in significant ways. Peter Uzoho chronicles some of these issues in this report