Entries by AllAfrica News: Petroleum

Nigeria: Nigeria’s Crude Output Rises to 1.459m Bpd in January

[Daily Trust] Lagos -- Nigeria's crude oil production increased to 1.459 million barrels per day (bpd) in January 2026, strengthening the country's position as Africa's largest oil producer, despite output remaining below its Organisation of Petroleum ...

Nigeria: Dangote Refinery Hits 650,000 Bpd Capacity

[Premium Times] An official said that all remaining processing units will begin their respective performance test runs in Phase 2, scheduled to commence next week.

Africa: ‘Africa to Attract $50bn in Oil and Gas Investment’

[Daily Trust] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stated that Africa is projected to attract between $48 billion and $50bn in the oil and gas sector in 2026.

Nigeria: 2025FY – Four Oil & Gas Coys Post 17.5 Percent Revenue Decline On Cost of Sales

[This Day] On the back of huge finance cost, cost of sales Totalenergies Marketing Nigeria and three other Oil & Gas companies listed on the Nigerian Exchange Limited (NGX) recorded revenue loss in their 2025 financial year.

Kenya: Oil Pilot Exposed Revenue Gaps, Warns Controller of Budget

[Capital FM] Nairobi -- Controller of Budget Margaret Nyakang'o has warned that Kenya's early oil pilot schemes exposed major governance and revenue management gaps that must be addressed before full-scale crude exports begin.

Nigeria: Dangote Refinery’s Crude Distillation Unit and Motor Spirit Block Hit 650,000bpd Capacity

[This Day] The Dangote Petroleum Refinery has achieved a major operational milestone with the full restoration and optimisation of its Crude Distillation Unit (CDU) and Motor Spirit (MS) production block. Both units are now running at optimal performan...

Nigeria: Shell Honoured With Award At Energy Summit

[Leadership] Shell Nigeria Exploration and Production Company Limited (SNEPCo) has been recognised for its pioneering role in oilfield development projects at the 9th Nigeria International Energy Summit (NIES), which was held in Abuja last week.

Nigeria: Dangote Cuts Petrol Price By N25 Per Litre

[Leadership] The Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS) by N25 per litre, lowering its ex-depot/gantry rate from N799 to N774 per litre.

Nigeria: Dangote Refinery Cuts Petrol Price to N774 Per Litre

[Leadership] Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS) by N25 per litre, lowering its gantry price from N799 to N774 per litre, as the company recalibrates pricing amid shifting downstream market dynamics i...

Nigeria: Oceansafe CEO Urges Strict Standards Compliance to Attract Oil Investments Amid Security Gains

[Leadership] The chief executive officer of Oceansafe Limited, Stanley Akpesiri, has called for strict compliance with global maritime security and logistics standards to attract fresh investment into Nigeria's oil and gas sector, amid recent security ...