Nigeria: Fuel Subsidy – Lawmakers Approve Tinubu’s N500 Billion Request
[Premium Times] The House of Representatives amended the 2022 Supplementary Appropriations Act to accommodate the president's request
Nigeria: Activists Alarmed by Burning of Vessel Loaded With Stolen Crude
[VOA] Abuja -- Environmental activists in Nigeria are raising alarms after the military this week burned a ship with more than 800,000 liters of stolen crude oil.
Ghana: New U.S.$1.98 Billion Oil Refinery Opens August
[Ghanaian Times] Tema -- A US$1.98 billion oil refinery facility at Tema is scheduled to commence operation by end of August this year.
Ghana: V/R Minister Pledges Support to Petroleum Downstream Regulation
[Ghanaian Times] The Volta Regional Minister, Dr Archibald Yao Letsa, has pledged to cooperate with National Petroleum Authority (NPA) to regulate the petroleum downstream industry in the region.
Nigeria: Reps Probe Alleged $4bn Crude Oil Theft
[Vanguard] The House of Representatives yesterday resolved to investigate crude oil theft to the tune of $4 billion, with a view to curbing economic loss to the country and ensuring that everyone involved was brought to book.
Nigeria: Nigeria’s NCDMB, Equatorial Guinea Mull New Opportunities in International Oil Sector
[Premium Times] The NCDMB says Nigeria and Equitorial Guinea can collaborate to exploit their oil and gas resources to the fullest.
Nigeria: Nigeria, Others Earn $873.6bn From Oil Export in 2022
[Vanguard] Nigeria and other member countries of the Organization of Petroleum Exporting Countries, OPEC, earned $873.6 billion from oil export in 2022.
Nigeria: Subsidy Removal – Be Patient, Palliatives Will Come, Tinubu Tells Nigerians
[Leadership] President Bola Ahmed Tinubu yesterday in Abuja urged Nigerians to exercise patience as the framework for palliatives to ameliorate the hardship brought on by the petrol subsidy removal were being worked out.
Nigeria: Tinubu Writes House, Seeks N500bn From 2022 Supplementary Budget for Subsidy Palliatives
[This Day] Abuja -- President Bola Tinubu has requested the House of Representatives to amend the 2022 Supplementary Appropriation Act for subsidy palliatives.
Nigeria: Oil Theft – Navy Uncovers Sabotaged NNPC Wellhead in Rivers
[Premium Times] "The terrain (site) was discovered by our naval helicopter on routine aerial patrol of the waterways and creeks in our area of responsibility."