Entries by AllAfrica News: Petroleum

Nigeria: Dangote Plans Pan-African IPO for Refinery in Landmark Listing

[Daba Finance] Aliko Dangote plans to list shares of the Dangote Refinery across multiple African stock exchanges, in what could become one of the largest and most complex equity offerings on the continent. The IPO will be structured as a pan-African l...

Tanzania: Fuel Tax System Curbs Evasion

[Daily News] Dar es Salaam -- A PETROLEUM importation and distribution company, MOIL Energies, has expressed satisfaction with the introduction of a new fuel tax payment system that requires taxes to be paid before fuel is released to the market, sayin...

Rwanda: Fuel Hike Leaves Truck Drivers Stranded Abroad in Contract Disputes

[New Times] Some transporters and cargo owners are locked in growing disputes following the recent fuel price increase, driven by the conflict in the Middle East, with some operators halting services as negotiations over transport costs stall.

Nigeria: Nigerian Navy Arrests Two Vessels With Stolen Crude Worth N4 Billion

[Premium Times] He said the arrest underscores the Nigerian Navy's continued commitment to combat crude oil theft and other economic saboteurs.

Ghana: Ghana Inflation Cools Again Despite Oil Price Pressures

[Daba Finance] Ghana's annual inflation rate eased to 3.2% in March from 3.3% in February, marking a 15th straight month of decline, according to data released by the national statistics office.

Nigeria: Navy Dismantles 12 Illegal Refineries, Recovers 531,500 Litres of Stolen Crude

[Vanguard] The Nigerian Navy said on Friday that in furtherance of operations against oil theft, its personnel of Operation Delta Sentinel, in the first quarter of 2026, conducted over 183 successful operations across key operational areas, resulting i...

Nigeria: Pipeline Security Increased Oil Output From 900,000 to 1.8m Barrels – Ojulari

[Daily Trust] The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Engr. Bashir Bayo Ojulari, has stated that national crude oil production has grown from a historic low of 960,000 barrels per day in 2022 to an avera...

Nigeria: Govt, Operators Outline Path to Nigeria’s 3mbpd Oil Production Target

[Vanguard] Nigeria's oil and gas regulators and operators have outlined a coordinated pathway to achieving crude oil production of three million barrels per day (mbpd), stressing the need for sustained regulatory reforms, investment inflows, digitalisa...

Nigeria: ExxonMobil Plans FID On $8bn Owowo Project Next Year

[Daily Trust] ExxonMobil has expressed plans to take a final investment decision (FID) on its $7bn-$8bn Owowo deepwater project as early as next year, following high-level discussions with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) i...