Entries by AllAfrica News: Petroleum

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.

Nigeria: NNPC – Presidential Approval Secured for $20bn FID On Bonga Deepwater Project /in /by

[This Day] The Nigerian National Petroleum Company Limited NNPC (NNPC Ltd) yesterday announced that it had secured presidential approval for a targeted fiscal incentive package aimed at unlocking the long-delayed Final Investment Decision (FID) on the ...

Nigeria: Amid Oil Well Dispute, Eno Says Akwa Ibom, Cross River Remain ‘Brothers’ /in /by

[Premium Times] The governor said Akwa Ibom residents living in Cross River should continue to pray for the peace and progress of Cross River.

Nigeria: Dangote Refinery Cuts Petrol, Diesel Prices /in /by

[This Day] Dangote Petroleum Refinery and Petrochemicals has announced reductions in its petrol and diesel gantry and coastal prices amid Monday's oil price slump to $90 per barrel from previous $115.

Nigeria: Rivers State HCDTs Struggle With Transparency, Inclusion, Energy Transition – Report /in /by

[Premium Times] A new assessment revealed deep governance gaps, weak environmental action, and poor energy-transition planning among Host Community Development Trusts in Rivers State despite the promises of Nigeria's Petroleum Industry Act.

Nigeria: MOSOP Seeks Compliance With Wetlands Protection in Ogoniland Oil Plans /in /by

[Premium Times] The MOSOP president stated that the Ramsar Convention on Wetlands Secretariat's recognition placed Ogoniland in the global network of wetlands, whose ecological integrity must be protected in line with internationally accepted conservat...

Nigeria: Keyamo Suspends Helicopter Landing Fee Enforcement for Two Months /in /by

[Premium Times] The Minister of Aviation and Aerospace Development, Festus Keyamo, has ordered a two-month suspension of the enforcement and collection of helicopter landing fees imposed on oil and gas operations across Nigeria.