Entries by AllAfrica News: Petroleum

Nigeria: CNG Price Hits N450 Per Scm Amid Long Queues, Subsidy Cuts

[Leadership] The price of Compressed Natural Gas (CNG) has surged from N230 to N450 per standard cubic metre (SCM) amid long queues and limited refilling stations

South Africa: Petrol, Diesel Prices to Decrease From Wednesday

[SAnews.gov.za] Some relief will be felt at the pumps this month when all grades of petrol and diesel record decreases from Wednesday.

Nigeria: NNPC, TotalEnergies Sign PSC Agreement for Deepwater Blocks

[Premium Times] The state-owned oil company explained that the contract is the first to comprehensively cover both crude oil and natural gas exploration and production.

Nigeria: With 13% Derivation Revenue Rising 100%, Oil-Producing States Receive N620bn in Five Months

[This Day] Abuja -- Nine oil-producing states received a total of N620.23 billion from the Federation Account as 13 per cent derivation between January and May 2025.

Nigeria: Petrol Consumption Down 28% – Pump Hands Idle At Stations

[Vanguard] Petrol consumption nationwide has fallen by 28 per cent over the past two years, as pump attendants across filling stations are left with scanty vehicular calls.

Nigeria: Nigeria’s Gas Production Rises to 7.59 Billion SCFD As Flaring Drops – NUPRC

[Premium Times] Gas flaring is the burning off of associated gas that comes together with oil during production.

Ghana: Ghana Gas Debunks Claims By Oforikrom MP Over Atuabo Plant Shutdown

[Ghanaian Times] The Ghana National Gas Company (Ghana Gas) has dismissed claims by the Member of Parliament for Oforikrom that the Atuabo Gas Processing Plant is still not working after a recent maintenance shutdown.

Nigeria: Just-in – ‘I Am Under Attacks,’ Says NNPCL GCEO Ojulari

[Leadership] The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, on Thursday, raised the alarm that he has come under coordinated attacks since taking office.

Nigeria: NNPC Requires $60 Billion Investment to Boost Oil, Gas, Refining Capacity – Ojulari

[Premium Times] Mr Ojulari said the NNPC Ltd will continue its reforms to ensure development in the energy sector.