[This Day] For closing at 96.80 per cent Year-till-Date (YtD) growth as of July 10, the Nigerian Exchange Limited (NGX) Oil & Gas has outshined other indices to emerge as the best index on the bourse.
Author Archive for: AllAfrica News: Petroleum
Entries by AllAfrica News: Petroleum
[This Day] Meets 104% of OPEC quota allocation
[This Day] Abuja -- The renewed hostilities between the United States and Iran over the strategic Strait of Hormuz, have triggered fresh concerns across global energy markets, with indications that Nigeria's Dangote Petroleum Refinery has resorted to d...
[New Times] The government is set to receive its first direct shipment of refined petroleum products, with a vessel carrying 40,000 tonnes expected to arrive at Tanzania's Port of Tanga by the end of July 2026.
[Premium Times] According to the crude statistics, released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Sunday, in the month under review, crude oil production hit 1. 56 million barrels per day (mbpd)
[New Times] Rwanda has spent Rwf47.7 billion on fuel subsidies between March and June 2026 to cushion consumers and businesses from rising petroleum prices, Prime Minister Justin Nsengiyumva has said.
[New Times] Rwanda's new fuel supply agreements with Kenya and Tanzania could reduce pump prices by between 10 and 30 per cent over the next three years if fully implemented, according to a trade economist.
[Botswana Daily News] Gaborone -- The country's fuel storage capacity is envisaged to reach 55 days' cover by the first quarter of the 2027/28 financial year.
[RFI] Four Ugandan farmers filed a case against the East African Crude Oil Pipeline (EACOP) at the UK's High Court on Tuesday, seeking to have Ugandan constitutional, environmental and climate law applied to EACOP Ltd, the UK-registered company financi...
[Vanguard] In a bid to assist the Federal Government and security agencies in tackling issues of sea piracy and illegal oil bunkering along the waterways, the Tugboat, Fuel Barges, and Seagoing Vessel Association of Nigeria has called for the immediate...
