Entries by AllAfrica News: Petroleum

Nigeria: Reactions As Dangote Deploys 4,000 Trucks for Fuel Supply

[Daily Trust] The deployment of 4,000 trucks by the Dangote Petroleum Refinery to enhance fuel distribution across Nigeria has sparked a nationwide debate, drawing praise and skepticism from Nigerians.

Nigeria: NUPRC to Begin Tracking of Crude Oil Cargoes

[Daily Trust] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the release of new guidelines for the advanced cargo declaration regime, a move aimed at enhancing transparency, accountability and efficiency in Nigeria's crude ...

Nigeria: UK Court Rules Against Shell Over Nigerian Oil Spill

[Premium Times] The UK High Court trial finds that Shell plc and its former Nigerian subsidiary can be held legally responsible for legacy oil pollution in Nigeria.

Nigeria: Senate to NNPCL – Account for Missing N210trn in Audited Reports

[Vanguard] Abuja -- The Senate has come down heavily on the Nigerian National Petroleum Company Limited, NNPCL, asking it to account for the missing of N210 trillion in its audited financial statements from 2017 to 2023 in one week.

Nigeria: Tanker Explosions Responsible for More Than 1,500 Deaths – NEMA

[Vanguard] Lokoja--The National Emergency Management Agency, NEMA, has called for precautionary measures to prevent tanker accidents and fire disasters in the country.

Nigeria: What Hike in Oil Prices Means for Nigeria – Analysts

[Daily Trust] Oil prices have sustained an upward rally as Brent Crude hit $76.10 per barrel, raising hope for higher reserves accretion, stable naira and elevated dollar liquidity, Daily Trust can report.

Nigeria: Aiyedatiwa Approves N33.8bn Budget for Osopadec

[Vanguard] Ondo state governor, Dr Lucky Aiyedatiwa, has approved N33.8 billion budget for the state intervention agency, the Ondo State Oil Producing Areas Development Commission (OSOPADEC).

Africa: Israel-Iran Conflict – Crude Oil Prices Drop to $73pb As Tension Eases

[Vanguard] The price of crude oil, yesterday, dropped marginally to $73 per barrel from $74 per barrel in the international market as the Israel-Iran conflict tension eases.