Entries by AllAfrica News: Petroleum

Nigeria: Tinubu Replaces Heads of Two Petroleum Agencies, Including NMDPRA Chief Accused of Corruption

[Premium Times] Mr Ahmed has been facing allegations of corruption by the industrialist Aliko Dangote, whose refinery is the largest in Africa.

Nigeria: Reps Step Down MTEF/FSP Report After Dispute Over Oil Benchmarks, Revenue Assumptions

[Premium Times] The House of Representitves had an intense, but inconclusive debate on the recommendations of its joint committee's MTEF/FSP report on the projected crude oil benchmark prices and production.

Nigeria: Tinubu Seeks Senate Approval for New Petroleum Regulators’ Chiefs

[Vanguard] President Bola Tinubu on Wednesday asked the Senate to approve new chief executives for Nigeria's petroleum regulators following the resignation of their substantive heads.

Nigeria: Tinubu Meets CEO of NMDPRA At State House Amid Dangote’s Allegations of Sabotage, Corruption

[This Day] Abuja -- President Bola Tinubu on Wednesday evening met behind close-door with embattled Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the State House, Abuja.

Nigeria: Dangote-NMDPRA Dispute Threatens Nigeria’s Economic Sovereignty, Agbakoba Warns

[This Day] Former Nigerian Bar Association (NBA) President, Dr. Olisa Agbakoba SAN, has warned that the ongoing dispute between Dangote Petroleum Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) goes beyond a c...

Uganda: 305 SMEs Graduate As Government Pushes Ethical Practices in Oil and Gas Industry

[Nile Post] Small and medium-sized enterprises have been urged to adopt professional and ethical business practices if they are to survive and benefit from the country's oil and gas sector.

West Africa: Nigeria’s Crude Exports Hit N12.8tn, Oil Trade Drives Q3 External Balance

[This Day] Abuja -- Nigeria's crude oil exports climbed to N12.81 trillion in the third quarter of 2025, reaffirming the commodity's dominance in the country's external trade and anchoring a strong oil-led performance in imports and exports during the ...

Nigeria: Senate Endorses $60 Oil Benchmark, Crude Price Falls to $59/Barrel

[This Day] The Senate yesterday approved some far-reaching recommendations of its Committee on Finance on the 2026-2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), backing a lower and more realistic crude oil benchmark of ...

Nigeria: Experts Urge TotalEnergies to Settle $285m Tribunal Award to NNPCL

[Vanguard] Abuja -- Energy law experts have urged TotalEnergies EP Nigeria Limited to comply with a tribunal ruling ordering it to pay the Nigerian National Petroleum Company Limited (NNPCL) $285.2 million, describing the award as a landmark affirmatio...

Nigeria: NMDPRA CEO Denies Responding to Dangote’s Fund Mismanagement Claims

[Leadership] The Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed has disowned a statement circulating in the media and on social platforms in which he was quoted as resp...