Entries by AllAfrica News: Petroleum

Nigeria: Govt Records Over $24.1bn Investment, $6.1bn to Boost Non-Oil Exports, Says Minister

[This Day] The Federal Government has said the implementation of the Renewed Hope Agenda has attracted more than $24.1 billion in capital importation and generated more than $6.1 billion in non-oil exports.

Nigeria: Nigeria Returns 13 Oil Blocks After 196 Firms Qualify for Commercial Bid

[Premium Times] NUPRC says 13 oil blocks were returned to the government's licensing basket after they failed to attract bids

Morocco: West African Leaders Back $25b Nigeria-Morocco Gas Pipeline

[Daba Finance] West African leaders have endorsed the Nigeria-Morocco Gas Pipeline, giving political backing to a $25 billion project designed to transport natural gas across West Africa and into Europe as the continent looks to strengthen energy secur...

West Africa: Nigeria Hails Ecowas Backing for African Atlantic Gas Pipeline

[Premium Times] Nigeria has welcomed ECOWAS' endorsement of the African Atlantic Gas Pipeline Project, describing the signing of the intergovernmental agreement as a major step towards regional energy security, economic integration and industrial devel...

West Africa: Nigeria’s Petrol Import Rises 207 Percent to 543m Litres in One Month, Puts Pressure On Naira

[This Day] Abuja -- Nigeria's petrol import increased significantly from 5.9 million litres per day in May to 18.1 million litres per day in June, representing a 207 per cent rise, compared to the previous month, according to the latest industry data f...

Nigeria: Nigerian Navy – Our Operational Successes Raised Crude Oil Production to 1.7m Bpd

[This Day] Abuja -- The operational successes of the Nigerian Navy's sustained offensive against oil theft, illegal refining, pipeline vandalism, and militancy in the second quarter of 2026 have aided Nigeria's crude oil production to reach 1,735 milli...

Kenya: Govt Spends Sh945mn On Fuel Subsidies, Sh1.8bn On Drought Relief

[Capital FM] Nairobi -- The government has spent Sh945 million from the Petroleum Development Levy and disbursed Sh1.8 billion in drought relief to cushion households from high fuel costs and worsening food insecurity in arid counties.

Gambia: Petroleum Commission Earns Over $1 Million From Upstream Petroleum Activities in 2025

[Foroyaa] The Petroleum Commission generated more than US$1 million from upstream petroleum activities in 2025, according to its 2025 Activity Report and Financial Statements presented to the Finance and Public Accounts Committee (FPAC) of the National...

Liberia: Senate Report Says Liberians Were Overcharged Up to L$131 Million for Fuel

[Liberian Investigator] Car owners and motorists were overcharged by up to L$131.26 million (approximately US$721,000) at the fuel pump over three weeks earlier this year because the government set gasoline and diesel prices based on an outdated exchan...