Entries by AllAfrica News: Petroleum

Nigeria: After Nmdpra Report, Dangote Refinery Says It Can Supply 1.5bn Litres of Petrol Monthly

[This Day] Abuja -- Figure represents about Nigeria's full consumption in 30 days

Nigeria: OPEC Agrees to Leave Oil Output Unchanged, Brent Down 15 Percent

[This Day] Abuja -- The Organisation of Petroleum Exporting Countries (OPEC) yesterday agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings, as the group slowed down its push to regain market share amid fears of a l...

Angola: Authorities Seize More Than 30,000 Liters of Fuel

[ANGOP] Dundo -- Thirty-seven thousand liters of fuel (diesel and gasoline) were seized last week by police authorities in the province of Lunda-Norte for smuggling, during a joint micro-operation.

Nigeria: TotalEnergies Announces Plan to Sell 40% of Nigeria’s Assets to Chevron

[This Day] Abuja -- TotalEnergies yesterday announced that it planned to sell a 40 per cent stake in two offshore exploration licenses in Nigeria to Chevron in a move aimed at strengthening collaboration between the French and U.S. energy giants.

Nigeria: NUPRC Targets $10bn Investment, Lists 50 Oil, Gas Blocks in New Licensing Round

[This Day] Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday kicked off the 2025 oil and gas licensing round, announcing that it is targeting $10 billion in investment tied to the current bid cycle.

Nigeria: French Energy Major Sells Stake in Nigerian Exploration Blocks to Chevron

[RFI] French energy group TotalEnergies announced on Monday that it had signed an agreement to sell a 40-percent stake in two Nigerian offshore exploration licences to Star Deep Water Petroleum Limited, a subsidiary of US oil major Chevron.

Nigeria: Opec Maintains Nigeria’s 1.5m Bpd Oil Output Level for 2026

[Vanguard] Nigeria, a leading African oil-producing and exporting nation, would continue to produce 1.5 million barrels per day (bpd) till December 2026.

Nigeria: Practical Nigerian Content Push Unlocks Bigger Oil, Gas Opportunities

[Leadership] Nigeria is strengthening indigenous participation in the oil and gas industry through deliberate policies that blend business growth with capacity development, resulting in numerous new projects benefiting local companies and communities. ...