Nigeria: Fuel Subsidy Removal – No Plan for Palliatives Yet for Nigerians – Govt/in /by
[Premium Times] Under the federal government's 2022 to 2023 Medium-Term Expenditure Framework, a proposal of N3.3trillion was only made for fuel subsidy between January and June 2023.
Nigeria: Marginal Field – NUPRC to Ease Funding Challenges for Awardees/in /by
[Premium Times] "It is to provide platforms for strategic partnership/alliance between the awardees and the service providers..."
Nigeria: OPEC Confirms Nigeria’s 1.3 Million Bpd February Crude Oil Output/in /by
[This Day] ·Moody's places six US banks on potential rating downgrades
Africa: BP’s Shift ‘Back to Petroleum’ Prods Consideration of a Climate Oil Price Cap/in /by
[IPS] Washington DC -- BP, the oil company that previously brought us "Beyond Petroleum" and more recently robust corporate climate goals, has announced a return in emphasis to its traditional business of producing oil. Drawn by the inescapable appeal of oil's latest high profits, has BP rebranded itself as "Back to Petroleum?"
Nigeria: As Nigeria Struggles With Crude Theft, Saudi Aramco Posts Record $161bn Profits/in /by
[This Day] Abuja -- Saudi Aramco yesterday announced record profits of $161 billion from its 2022 operations as the largely state-owned oil company cashed in on a tumultuous year in energy markets that resulted in high oil prices.
Nigeria: 48 Days After, Buhari’s Committee Fails to End Petrol Scarcity/in /by
[Daily Trust] Forty-eight days after, a 14-man steering committee constituted to tackle petrol supply hurdles and regulate the price of the product, under the chairmanship of President Muhammadu Buhari, has failed to end the scarcity.
Nigeria: Shelf Drilling Secures $118m Offshore Nigeria/in /by
[Leadership] Oslo-listed jack-up drilling rig leasing firm, Shelf Drilling, has secured a two-year contract in Nigeria for its Shelf Drilling Scepter rig.
Uganda: Oil Pipeline – Affected Communities Accuse Judiciary of Shelving 10 Year Compensation Case/in /by
[Nile Post] Communities living in the areas affected by the oil exploration project including the pipeline have cried foul over the delay in having their case seeking compensation filed over 10 years ago.
Congo-Kinshasa: DRC and International Civil Society Letter on Potential Sanctions Relief for Israeli Mining Magnate Gertler/in /by
[HRW] The Honorable Antony Blinken
Seychelles: Seychelles’ Tanker Fleet Makes History With $25 Million Profit in 2022/in /by
[Seychelles News Agency] For the first time in its operational history, the Seychelles' tanker fleet made a profit of $25 million for the year 2022, said a top official of the Seychelles Petroleum Company (SEYPEC) on Wednesday.