Entries by AllAfrica News: Petroleum

Nigeria: NNPC to Begin Export of New Crude Oil Grade in March /in /by

[Daily Trust] The Nigerian National Petroleum Company Limited (NNPCL) says it will start exporting a new light, sweet crude grade called Cawthorne from March.

Nigeria: Executive Order – NUPENG Demands Clarity On Jobs, Local Content /in /by

[Daily Trust] The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) is seeking clarification on job security concerning President Bola Tinubu's recent Executive Order directing the restructuring of oil and gas revenue remittances to the Feder...

Nigeria: Stock Market Gains N8.14trn On Buy Interest in MTN Nigeria, Dangote Cement /in /by

[This Day] The domestic stock market maintained its bullish trajectory last week, appreciated by N8.14trillion in its Week-on-Week (WoW) performance over strong buying interest in MTN Nigeria Communications Plc, Dangote Cement Plc, among others

Nigeria: Ex-Senator Lists Role in Resource Control Struggle, Warns Against Akwa Ibom Losing Oil Wells /in /by

[Premium Times] Mr Akpanudoedehe revisited the 76 oil wells controversy, accusing a federal committee of compromise, warning Governor Eno against losing the wells.

East Africa: Eacop Project Hailed for Prioritizing Environmental Conservation /in /by

[Daily News] Tanga -- THE East African Crude Oil Pipeline (EACOP) project has been praised for prioritising environmental conservation at all stages of the project's implementation, particularly the protection of biodiversity in all areas along the pip...

Africa: June Take-Off of Energy Bank Raises Africa’s Oil and Gas Future /in /by

[Daily Trust] Last week's handover of the $5billion African Energy Bank Headquarters in Abuja, represents a significant milestone and historic match to energy security and sustainability in Africa.

Nigeria: Presidency Slams PENGASSAN Over Criticism of Tinubu’s Executive Order On NNPCL Revenue /in /by

[Leadership] The Presidency has defended President Bola Tinubu's Executive Order halting revenue deductions by the Nigerian National Petroleum Company Limited (NNPCL) and other agencies, insisting that the directive was rooted in constitutional provisi...

Nigeria: Lagos Consumes More Fuel Than 11 Nigerian States Combined – Report /in /by

[This Day] Abuja -- In line with its status as Nigeria's commercial nerve centre, data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has shown that Lagos state consumes more petrol than the combined total of 11 sta...

Nigeria: NDPA – Infrastructure Stability Key to Unlocking Nigeria’s Oil Revenue Potential /in /by

[This Day] Port Harcourt -- The Niger Delta Progressive Alliance (NDPA) has emphasised that safeguarding existing oil and gas infrastructure remains one of the most effective strategies for strengthening national revenue, improving macroeconomic stabil...

Nigeria: Eatl, NUPRC’s Joint Move to Curb Oil Losses, Boost Revenue /in /by

[This Day] Nigeria recorded a major win in its efforts to curb oil losses, increase federation's revenue and boost local technically capacity with the successful execution of pioneering gravimetric flow metering calibration facility in Eket, Akwa Ibom ...