[Leadership] The Petroleum Industry Act (PIA) has failed to break the monopoly in Nigeria's petrol import market, as the Nigerian National Petroleum Company (NNPC) Limited continues to dominate the sector and is currently the sole importer of petrol into the country.
[Daily Trust] Multiple explosions rocked the gas processing plant operated by Shell Petroleum Development Company of Nigeria (SPDC) at Gbarain, Yenagoa Local Government Area of Bayelsa, were on Tuesday, raising concerns of gas export disruptions.
[Daily Trust] The Nigeria Security and Civil Defence Corps (NSCDC), said its operatives have uncovered two illegal bunkering sites in Rivers.
[Premium Times] The NSCDC says its special squad discovered the illegal connections following an intelligence report.
[Vanguard] The Nigeria Security and Civil Defence Corps (NSCDC), has uncovered two illegal bunkering sites in Rivers.
[Mozambique News Reports And Clippings] Mozambique's huge off-shore gas field is controlled by two consortia. Area 1 nearest the coast is led by the French TotalEnergies and area 4 further off-shore by the US ExxonMobil, both of which have highest level political links in their counties. The gas is to be compressed to liquified national gas (LNG) by both companies on the Afungi Peninsula near Palma. The fall of Palma stopped work and it has not resumed. Total Energies head Patrick Pouyanne initially said he would only restart when the war
[Vanguard] A gas explosion occurred in the Ibeju-Lekki area of Lagos on Tuesday evening, claiming the lives of two people and leaving several others injured.
[FrontPageAfrica] Monrovia -- Liberia is on the verge of experiencing another shortage of petroleum products, but it is an artificial shortage resulting from hoarding by major importers due to an unsettled agreement with the government regarding a pump price increment.
[UN News] The ongoing conflict between rival militaries in Sudan has stalled progress towards the determination of the final status of the disputed oil-rich Abyei region which straddles the Sudan-South Sudan border, the head of UN peacekeeping operations said on Tuesday.
[Leadership] The House of Representatives, on Tuesday, resolved to investigate the Nigerian National Petroleum Company Limited (NNPCL) and a multi-national oil company, AGIP, over allegations of fund diversion and failure to pay $72 million debt to a Nigerian company, Decoon Services Limited.
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