Entries by AllAfrica News: Petroleum

Nigeria: 2025 Budget Funding Under Pressure As Oil Output Under-Performs in H1’25

[Vanguard] There are indications that the 2025 Federal Budget has come under funding pressures as the petroleum industry regulator, Nigerian Upstream Regulatory Commission, NUPRC, recorded significant under-performance of crude oil output in the first ...

Nigeria: Dangote Cargo – Nigerian Ships Lose to Angola’s Fleet

[Vanguard] Dangote Refinery has turned to Angola's fleet for the shipment of its crude and refined products.

Tanzania: Tanzania, Uganda Make Strides As EACOP Project Completes By 50%

[Daily News] Manyara -- A total of two pressure reduction stations are expected to be built along the route of the crude oil pipeline from Hoima, Uganda to Chongoleani, Tanga in Tanzania.

Kenya: Govt Plans Kenya Pipeline Company IPO Listing in September

[Capital FM] Nairobi -- President William Ruto has set a target for the initial public offering (IPO) of the Kenya Pipeline Company (KPC), stating that shares will debut on the Nairobi Securities Exchange (NSE) by September 2025.

Nigeria: NNNPCL Reduces Fuel Price to N890/Litre

[Daily Trust] The Nigerian National Petroleum Company Limited has reduced its premium motor spirit price for the second time in one week.

Nigeria: Designing a Climate Compatibility Checkpoint for Future Oil and Gas Licensing

[Daily Trust] Across the world, there's increasing pressure on the oil and gas industry to explain how the global shift to cleaner energy will affect their operations and long-term strategies.

Tanzania: Kenya’s Fuel Cheaper Than Tanzania’s At Source, It’s Taxes That Keep It Costly – Wandayi

[Capital FM] Nairobi -- Energy Cabinet Secretary Opiyo Wandayi has defended the government-to-government (G-to-G) oil import arrangement, citing comparative data that shows Tanzania is paying higher Freight and Premium (F&P) rates despite enjo...

Nigeria: States Slashing Power Tariff Must Be Ready to Pay Subsidy – Minister

[Leadership] The federal government has taken a firm position regarding states that opt to reduce electricity tariffs, stating that the responsibility for the corresponding subsidy must be borne by the states themselves.

Nigeria: Enforce Refinery Development or Revoke Idle Licences – Dangote to Govt

[Leadership] The president of Dangote Group, Aliko Dangote, has urged the federal government and petroleum regulatory authorities to take decisive action against refinery licence holders who fail to proceed with project development.

Africa: Africa Losing $90bn Annually to Imported Substandard Fuel – Dangote

[Daily Trust] The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has stated that Africa loses $90 billion annually to importation of substandard petrol fuel due to lack of refineries in the continent.