Entries by AllAfrica News: Petroleum

Nigeria: Navy Destroys Illegal Refinery in Rivers, Intercepts Stolen Petroleum Products in Calabar – Official /in /by

[Premium Times] The Director of Naval Information, Abiodun Folorunsho, disclosed this in a statement on Sunday in Abuja.

Nigeria: 2027 – Oil, Gas Communities Back Tinubu for Second Term /in /by

[Daily Trust] A coalition of oil and gas producing communities under the aegis of Communities of Oil and Gas in Nigeria (COGIN) has declared their support for the re-election of President Bola Ahmed Tinubu the 2027.

Nigeria: Fuel Price Hike – Labour Seeks Tax Relief /in /by

[Daily Trust] The Nigeria Labour Congress (NLC) yesterday demanded a cost-of-living allowance, a wage award for workers and tax relief to cushion the effects of the recent increase in the price of fuel occasioned by the ongoing crisis in the Middle East.

Africa: Middle East War – Anxiety Mounts As Oil Price Hits $100 Per Barrel /in /by

[Vanguard] There is anxiety that Nigerians may continue to pay more for Premium Motor Spirit, PMS, also known as petrol alongside Automotive Gas Oil, called diesel as the price of crude oil rose to above $100 per barrel, yesterday.

Nigeria: How Fuel Subsidy Removal Worsened Nigerian Poverty Levels – Report /in /by

[Premium Times] Nigeria's recent policy reforms, including fuel subsidy removal, have worsened poverty, highlighting the need for stronger social protection programmes to support vulnerable households.

Nigeria: NNPC Cuts Petrol Price By N100 in Lagos, N95 in Abuja /in /by

[Daily Trust] The Nigerian National Petroleum Company Limited has reduced the pump price of petrol at its retail outlets to N1,130 per litre in Lagos and N1,165 per litre in Abuja.

West Africa: Nigeria Week Ahead – Equities Sink, Oil Surpasses $100, Cpi in Focus /in /by

[Daily Trust] Oil prices spiked to just above $120 over the weekend as escalations of the Israel -US-Iran war intensified, with key energy installations targeted.

Sudan: Ministry of Energy Issues Important Clarification Statement On Petroleum Supplies /in /by

[SNA] Khartoum, March 11, 2026 (SUNA) - The Ministry of Energy stated that it has taken note of reports circulated by certain media outlets that contained inaccurate interpretations of remarks made by the Minister of Energy, Engineer-Consultant Al-Mu't...

Nigeria: Countries Agree On Historic Release of Crude Reserves to Lower Oil Prices /in /by

[Premium Times] Countries belonging to the International Energy Agency have agreed to release 400 million barrels of emergency oil reserves to stabilise global markets amid supply disruptions caused by the escalating Middle East war.

Nigeria: Price Reduction to Ease Burden On Consumers – Dangote Refinery /in /by

[Vanguard] The management of Dangote Petroleum Refinery has said the latest price reduction was to reduce the sufferings of Nigerians.