Entries by AllAfrica News: Petroleum

Nigeria: M/East Crisis – What Oil Windfall Means for Nigeria /in /by

[Daily Trust] Stakeholders in Nigeria's economy have outlined key priorities for the country to maximise potential gains from the escalating crisis in the Middle East.

Nigeria: Production Increases to 1.64m Bpd As NNPC Generates N2.57trn /in /by

[Daily Trust] The Nigerian National Petroleum (NNPC) Limited said crude oil production increased to 1.64m in the month of January from the 1.55m barrels produced per day in December 2025.

Nigeria: Petrol Hits N1,300/L As Dangote Increases Price /in /by

[Daily Trust] Nigerians are facing fresh economic strain as the pump price of Premium Motor Spirit (PMS), popularly known as petrol, climbed to about N1,300 per litre in parts of the country.

Nigeria: Us Ultimate Goal Is Oil Control – Iran Ambassador /in /by

[Daily Trust] The ambassador of Iran to Nigeria, Ambassador Gholamreza Mahdavi Raja, spoke with Daily Trust on Monday on the ongoing crisis in the Middle East.

Somalia: Protesters Block Major Road in Mogadishu Over Rising Fuel Prices /in /by

[Shabelle] Mogadishu -- Angry demonstrators protesting a sharp rise in fuel prices blocked Maka Al-Mukarrama Road in central Mogadishu on Tuesday.

South Africa: ‘No Immediate Risk’ of Fuel Shortages in South Africa, Most Oil Imports From Nigeria /in /by

[Daily Maverick] The Department of Mineral and Petroleum Resources message follows alarms raised in the media media about impending fuel shortages in South Africa. With domestic refining capacity slashed and a Middle East conflict that shows no sign of...

Nigeria: Nigeria’s Petrol Consumption Falls to 56.9m Litres/Day in February – NMDPRA /in /by

[Vanguard] Nigeria's average daily consumption of Premium Motor Spirit (PMS), also known as petrol, dropped to 56.9 million litres per day in February 2026, down from 60.2 million litres per day in January.

Nigeria: Fuel Crisis Deepens, Economists Tell Govt to Act /in /by

[Daily Trust] Economic and energy experts have called on the federal government to take immediate steps to cushion the effect of the rising cost of petroleum product triggered by the ongoing war in the Middle East which has disrupted global oil supply ...

Nigeria: Nigeria Posts ₦1.71 Trillion Trade Surplus in Q4 2025 As Crude Oil Exports Fall – NBS /in /by

[Premium Times] While Nigeria sustained a positive trade balance in the fourth quarter of 2025, total merchandise trade fell, largely due to lower crude oil export earnings.