Nigeria: Petroleum Minister Lauds Tamrose, Pledges to Grow Content Fund/in /by
[Premium Times] The minister commended Tamrose for utilising the loan facility from theNigerian Content Intervention Fund to grow its fleet and expand operations to Angola in Southern Africa and elsewhere on the continent.
Nigeria: Edo Govt Wants Govt to Halt Drilling in Disputed Oil Wells With Delta/in /by
[Vanguard] BENIN CITY - THE government of Edo State weekend called on President Bola Tinubu to halt further drilling of crude in the disputed oil wells between Edo and Delta states until resolution of the matter.
Ghana: Edudzi Tameklo Pays Courtesy Call On Fmr. President Kufuor Ahead of NPA @20 Celebrations/in /by
[Ghanaian Times] The Chief Executive of the National Petroleum Authority (NPA), Mr Godwin Kudzo Tameklo Esq., on Wednesday paid a courtesy call on former President John Agyekum Kufuor at his residence in Peduase.
Rwanda: Could New Fuel Price Changes Affect Public Transport Fares?/in /by
[New Times] Following the recent rise in fuel prices, some public transporters have approached government authorities asking for a review of the current transport fare tariffs.
Nigeria: Reps to Probe Petition Seeking Sack of NNPCL Executive/in /by
[Vanguard] The House of Representatives has received and approved a petition from a socio-cultural group, Ezi Umuada Igbo, calling for the removal of Sophia Mbakwe, the Executive Vice President (Business Services) of the Nigerian National Petroleum Company Limited (NNPCL), over claims that she is occupying a slot meant for the South East region while allegedly not being from the zone.
Namibia: Petroleum Exploration and Production Bill Objected/in /by
[Namibian] The petroleum exploration and production bill, which was set for tabling on Wednesday, was objected by several members of the National Assembly.
Nigeria: Project 1m Barrels Initiative Aims to Revive Abandoned Oil Wells – NUPRC/in /by
[Daily Trust] The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that Project One Million Barrels Initiative, launched in 2024, is to actively ramp up crude oil production by reactivating dormant fields, fast-tracking regulatory approvals, and enhancing operational efficiencies across the upstream value chain.
Nigeria: Marketers Welcome Suspension of 15% Fuel Import Levy/in /by
[Daily Trust] Marketers and some stakeholders in the downstream sector of the oil and gas industry yesterday welcomed the suspension of the 15 per cent ad-valorem import duty on imported Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), also known as petrol and diesel.
Nigeria: Mixed Reactions As Federal Govt Suspends 15% Fuel Import Tax/in /by
[Leadership] The suspension of the planned implementation of a 15 per cent ad-valorem import duty on petrol and diesel imports has generated mixed reactions across the industry and economic stakeholders.
Nigeria: The 15 Percent Fuel Import Levy/in /by
[Daily Trust] The recently introduced 15 per cent ad valorem levy on petrol and diesel imports, as approved by President Bola Tinubu, may be well-intentioned in its aim to protect local refineries and promote self-reliance in fuel production. However, the timing and design of this policy raise serious concerns about its economic and social consequences for ordinary Nigerians.