Entries by AllAfrica News: Petroleum

Kenya: Govt Assures Public of Adequate Fuel Supply Amid Middle East Tensions /in /by

[Capital FM] Nairobi -- The Ministry of Energy and Petroleum has assured Kenyans of sufficient petroleum stocks despite escalating tensions in the Middle East, where the country sources a significant share of its fuel imports.

Nigeria: Tinubu’s Executive Order ‘Ll Undermine PIA – PENGASSAN /in /by

[Vanguard] The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN has cautioned that the recently signed Executive Order by President Bola Tinubu will undermine the Petroleum Industry Act, PIA, as it will lead to loss of jobs in t...

Nigeria: Govt Begins Implementation of Executive Order On Oil, Gas Revenues /in /by

[Vanguard] The Federal Government, FG, has commenced implementation of the Oil and Gas Revenues Executive Order 09.

Nigeria: Governors Back Tinubu On Direct Oil Revenue Remittance to Fed Account /in /by

[Vanguard] Thirty-six state governors under the aegis of the Nigeria Governors ' Forum, NGF, have thrown their weight behind President Bola Tinubu's reforms, requiring oil and gas revenue entitlements to be remitted directly into the Federation Account.

Nigeria: Federal Government Tightens Protection of Petroleum Revenues Under Executive Order 9 /in /by

[Leadership] The federal government, through the Federal Ministry of Finance, has initiated measures to strengthen petroleum revenue management and protect federal income under Executive Order 9.

Nigeria: Govt Begins Review of PIA to Address Structural Challenges /in /by

[Leadership] The federal government has commenced a review of the Petroleum Industry Act (PIA) to address structural and fiscal challenges affecting revenues accruing to the Federation.

Kenya: Traffic Snarl-Up On Mombasa Road After Fuel Tanker Collides With Container Lorry /in /by

[Capital FM] Nairobi -- There was a traffic snarl-up after a fuel tanker collided with a trailer and burst into flames on Mombasa Road, Athi River.

Nigeria: Tension Over Subsidy Removal Has Reduced, Says Better Days Lie Ahead – Tinubu /in /by

[This Day] President Bola Tinubu has said the tension occasioned by subsidy removal has subsided, noting that at one time many Nigerians had thought his administration could reverse the subsidy removal.

Nigeria: Tinubu to Propose Amendment to PIA – Senate Committee /in /by

[Premium Times] The committee explained that the drive to enhance revenue generation through the executive order would prompt the president to propose the necessary amendments to the Petroleum Industry Act.

Nigeria: Subsidy Removal, Fx Unification Restoring Market Integrity – Uzoka-Anite /in /by

[Leadership] The minister of state for finance, Dr. Doris Uzoka-Anite, has credited the removal of the fuel subsidy and the unification of the foreign exchange market for restoring integrity to Nigeria's economic framework and laying the foundation for...