Nigeria: Mutual Benefit Assurance Invests $64m in Oil Producing Assets/in /by
[This Day] Mutual Benefit Assurance Plc said besides its core insurance operations, it has diversified into the energy sector having invested a whooping $64 million (N96 billion) in a producing oil asset as a hedge against economic volatility.
Nigeria: NUPRC Courts Global Investors Ahead of 2025 Oil Licensing Round/in /by
[Premium Times] NUPRC said the webinar is designed to provide investment clarity and execution certainty for companies seeking to participate in the licensing round, which will offer 50 oil and gas blocks across frontier, onshore, shallow-water and deepwater terrains.
Nigeria: Controversy Trails Planned Oil Exploration in Ogun/in /by
[Daily Trust] There is disquiet over disclosure that President Bola Tinubu has approved commencement of commercial oil drilling operations in Ogun State.
Nigeria: NNPC Ltd/Chevron Targets 146,000 Barrels in Awodi-07 Oil Well/in /by
[Daily Trust] The Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL Joint Venture, on the successful completion of the Awodi-07 appraisal and exploration well located in the shallow offshore western Niger Delta.
Nigeria: NNPC Pushes Petrol Price to N835 Per Litre in Lagos, N839 in Abuja/in /by
[Daily Trust] The Nigerian National Petroleum Company Limited has adjusted the pump price of petrol upward, selling the product at N835 per litre in Lagos and N839 per litre in Abuja.
Nigeria: Dangote Refinery Reaffirms Market Stability As PMs Price Increases to N839 Per Litre/in /by
[This Day] Dangote Petroleum Refinery & Petrochemicals has reaffirmed its commitment to market stability and uninterrupted nationwide supply of Premium Motor Spirit (PMS) following a recent price adjustment that saw the retail price rise to N839 per litre at MRS outlets.
Nigeria: Troops Secure Adibawa Oil Well From Crude Oil Thieves, Plan 24-Hour Surveillance/in /by
[This Day] Abuja -- The Joint Task Force, South South, Operation Delta Safe, has successfully reclaimed the Adibawa Oil Well from the grip of crude oil thieves, marking a significant victory in the ongoing battle against economic sabotage.
Liberia: Boakai Credits LPRC Leadership for Fuel Price Stability/in /by
[Liberian Observer] President Joseph Nyuma Boakai, Sr. has highlighted the Liberia Petroleum Refining Company (LPRC) as a critical pillar in maintaining stability within Liberia's petroleum sector and easing the cost-of-living burden on ordinary citizens, despite ongoing global disruptions in fuel supply and pricing.
East Africa: Tanzania Values SGR and EACOP As Key Partnership Projects for EAC Nations/in /by
[Daily News] London -- THE Minister of State, President's Office - Planning and Investment, Professor Kitila Mkumbo, has highlighted the Standard Gauge Railway (SGR) connecting the Port of Dar es Salaam to markets in the Great Lakes region, and the East African Crude Oil Pipeline (EACOP) project as Tanzania's strategic projects implemented in partnership with its East African Community neighbours.
Nigeria: Minister, AGF, NUPRC Ask Court to Dismiss Suit On Four Oil Fields/in /by
[Premium Times] The suit seeks to block assigning, or allocating the oil fields in Yorla South in Rivers State.