Entries by AllAfrica News: Petroleum

Nigeria: NNPC Paid N5.58tr to Government in 4 Months – Report /in /by

[Daily Trust] The Nigerian National Petroleum Company Limited (NNPCL) has stated that it made N5.58tr statutory payment to the federal government from January to April, 2025.

Nigeria: Why Nigeria’s Oil Production Level Stagnated in Past One Year – Minister /in /by

[Daily Trust] The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has decried the lack of significant increase in Nigeria's crude oil production in the past one year.

South Africa: Petrol Prices Set to Increase From Wednesday /in /by

[SAnews.gov.za] The Department of Mineral and Petroleum Resources (DMPR) has announced that all grades of petrol, diesel, and illuminating paraffin are expected to increase from Wednesday, 2 July 2025, when the latest monthly price adjustments take eff...

Nigeria: Oil Production – FG Declares End to Dormant Fields /in /by

[Vanguard] In a renewed push to meet its OPEC production quota and 2025 budgetary targets, the Federal Government on Tuesday declared an end to the era where oil companies acquire field licenses and leave them dormant.

Nigeria: Ncdmb to Champion ‘Nigeria First’ Policy in Oil and Gas Sector /in /by

[Premium Times] The revamped scheme marks a renewed commitment by NCDMB to close funding gaps in the sector

Nigeria: Oil Prices Plunge 6 Percent As Middle East Ceasefire Eases Supply Fears /in /by

[Leadership] Oil prices tumbled by six per cent this week after a ceasefire agreement between Iran and Israel sharply reduced concerns about potential supply disruptions from the Middle East.

Nigeria: Dangote’s N720bn CNG Drive to Save Nigerians N1.7trn – Official /in /by

[Premium Times] The initiative is also poised to significantly benefit over 42 million Micro, Small and Medium Enterprises (MSMEs) by reducing energy costs and enhancing profitability.

Nigeria: Disruptions Loom in Oil, Gas Sector Over Helicopter Landing Fee /in /by

[Leadership] Disruption looms in the nation's oil and gas sector as the Nigerian Airspace Management Agency (NAMA) is set to deny flight clearances and possibly shut down non-compliant oil and gas companies operating in the country over non-payment of ...

Nigeria: NNPC Alleges ‘Coordinated Sabotage Campaign’ Against Its Leadership /in /by

[Premium Times] The NNPC said this group is actively spreading lies and misinformation simply to discredit its leadership and derail the organisation's ongoing transformation efforts.