Entries by AllAfrica News: Petroleum

Nigeria: Okomu Oil, Fidelity Bank, Fidson Top Stock Pick This Week

[Premium Times] This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions.

Nigeria: Report – Nigeria’s Oil and Gas Sector to Be Impacted By Persistent Operational Risks, Others in Q4

[This Day] A new report by the Society of Energy Editors (SEE) has listed persistent operational risks, and the dispute between Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) as some of the short-term...

Nigeria: FAAC – NUPRC Remitted N6.2tn Revenue in 9 Months Despite Oil Output Fluctuations

[This Day] Abuja -- *Transfers represent over 11.4% of Nigeria's N55 trillion 2025 budget

Africa: Deloitte – Despite 60 Percent Share of W’africa’s $80bn Oil Market, Nigeria’s Cost of Drilling Highest Among Peers

[This Day] Abuja -- Despite controlling at least 60 per cent of West Africa's $80 billion oil market, Nigeria's cost of drilling per barrel is about 40 to 50 per cent higher than its peers, a report by Deloitte, a global firm which provides audit, cons...

Nigeria: NNPC Rakes in Over N800bn From 30% Management Fee, Frontier Fund in Nine Months

[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) has reported a combined N801.3 billion from Management Fees and Frontier Exploration Funds within the first nine months of 2025, representing 56.5 per cent of the N1.42 trillion...

Nigeria: Special Report – Ondo’s Bold Palm Oil Push Hampered By Outdated Practices

[Premium Times] Women are the leading players in the palm oil industry in Okitipupa. However, lack of access to capital constrains their trade.

South Africa: ‘Reduce, Reuse, Recycle’ Is Corporate Gaslighting – the Real Change Must Come From the Fossil Fuel Industry

[The Conversation Africa] "Reduce, reuse, recycle." For more than 50 years, those three Rs have been the world's go-to environmental mantra.

Nigeria: Amend BPP Act to Strengthen, Institutionalise ‘Nigeria First’ Policy – Dangote to Govt

[This Day] The President/Chief Executive of Dangote Group, Alhaji Aliko Dangote, has called on the federal government to back the 'Nigeria First' Policy with a legislation that would institutionalise its implementation.

Nigeria: Oil Prices Struggle After Crashing to Lowest Since May

[This Day] Abuja -- Nigeria's oil benchmark, Brent Crude, added just over $1 yesterday, after it settled at $62.73 a barrel, down $2.49, or 3.82 per cent at the weekend, the lowest since May 7 this year.