Entries by AllAfrica News: Petroleum

Nigeria: FG Moves to Enforce $300 Helicopter Levy As IOCs Get 7-Day Ultimatum

[Daily Trust] There is an imminent showdown between the federal government and international oil companies (IOCs) and the operators of floating production storage and offloading (FPSO) in Nigeria following a seven-day ultimatum for the remittance of th...

Nigeria: Cautious Optimism As Crude Oil Prices Drop Below $70 After Iran-Israel Ceasefire

[Daily Trust] Oil prices dropped dramatically yesterday after a ceasefire was agreed between Israel and Iran, putting a pause to 12 days of tension in the Middle East.

Somalia: Somalia Eyes Energy Breakthrough – Petroleum Authority to Unveil Survey Results in July As Oil Production Nears

[Radio Dalsan] Mogadishu, -- In a significant move that could reshape the nation's economic trajectory, the Somali Petroleum Authority (SPA) has confirmed it will publicly release the results of its long-awaited petroleum surveys in July. The announcem...

Zambia: Zambia Runs On Mostly Green Power, but Households Use Polluting Cooking Fuel – Study Suggests How to Fix This

[The Conversation Africa] Zambia, like many African countries, is facing a crisis over clean cooking fuel. Over 80% of the population still relies on polluting fuels like charcoal and firewood. This exposes families to toxic indoor air, deepens poverty...

Egypt: Petroleum Minister Oversees Progress of Energos Power Fsru for Egypt’s Gas Grid

[Egypt Online] Minister of Petroleum and Mineral Resources Karim Badawi conducted an inspection tour On Tuesday, June 24, 2025, at the "Tahya Misr" berth in the Alexandria Port to check the progress of the "Energos Power" Floating Storage and Regasific...

Nigeria: Iran-Israel War – Petrol Nears N1,000/L in Nigeria, Marketers Predict Further Hike

[Daily Trust] From Abdullateef Aliyu and Dotun Omisakin, Lagos; Faruk Shuaibu; Ahmad Datti and Salim Umar Ibrahim, Kano

Nigeria: EFCC Arrests Ex-NNPC Top Official, Others Over Alleged $7.2 Billion Refineries Maintenance Fraud

[Premium Times] According to the sources, Mr Isa was detained by the agency along with a former Managing Director of Warri Refinery, Jimoh Olasunkanmi.

Nigeria: EFCC Arrests Ex-NNPC Top Official, Others Over Alleged $7.2 Billion Refineries Maintenance Fraud

[Premium Times] According to the sources, Mr Isa was detained by the agency along with a former Managing Director of Warri Refinery, Jimoh Olasunkanmi.

Nigeria: NNPC Increases Petrol Price

[Premium Times] Recently, global economic uncertainties have led to fluctuations in crude oil prices, resulting in corresponding changes in retail fuel prices.