Nigeria: Fuel Price Rises 226.75% to N626.21 Per Litre – Report/in /by
[Vanguard] The price of Premium Motor Spirit, otherwise known as petrol increased year-on-year, YoY, by 226.75 per cent to N626.21 per litre in September 2023, from N191.65 per litre, recorded in the corresponding period of 2022.
Nigeria: Nigeria Records 33.58% Reduction in Fuel Consumption, Says NMDPRA Boss/in /by
[Vanguard] The Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Farouk Ahmed, yesterday, said that industry deregulation has actually seen a 33.58 percent reduction in fuel consumption of Nigerians. Ahmed who stated this at the ongoing Oil Trading and Logistics, OTL, Africa Week, 2023, in Lagos, explained: "Our data reveal that after the announcement of deregulation, an average volume of 44.3 million litres per day was evacuated for distribution nationwide which
Nigeria: Despite Petrol Subsidy Removal, Crises Linger in Nigeria’s Downstream Sector/in /by
[Premium Times] The crises hampering operations in the oil sector linger as Nigerians continue to lament the ripple effect of high pump prices.
Nigeria: Nigeria Wins As UK Court Dismisses $11 Billion P&ID Suit/in /by
[Premium Times] The UK court upheld Nigeria's prayer on the grounds that the ill-fated gas processing contract was obtained by fraud.
Nigeria: Nigeria Wins As UK Court Dismisses $11 Billion P&ID Suit/in /by
[Premium Times] The UK court upheld Nigeria's prayer on the grounds that the ill-fated gas processing contract was obtained by fraud.
Nigeria: Pipeline Contract – Group Cautions Ex-Militants Against Sabotaging Tompolo/in /by
[Premium Times] Some ex-militants in the region had criticised the recent extension of the pipeline surveillance contract awarded to Tantita Security Services led by Government Ekpemupolo, popularly known as Tompolo.
Nigeria: Rights Group Tasks NNPC On Oil Sector Repositioning/in /by
[Leadership] A human rights group, Coalition for Good Governance and Open Leadership in Nigeria has urged the management of the Nigerian National Petroleum Corporation (NNPC) to support President Bola Tinubu's efforts at repositioning the oil sector.
Africa: Geingob Attends Energy Conference Despite Controversy/in /by
[Namibian] President Hage Geingob yesterday departed for Cape Town to participate in the Africa Energy Week conference, an event organised by controversial Cameroonian lawyer NJ Ayuk.
Angola: President Discusses Lobito Refinery Construction/in /by
[ANGOP] Luanda -- Angolan president João Lourenço on Wednesday granted an audience in Luanda to the CEO of the Chinese state-owned company China National Chemical Engineering (CNCE), Weng Gang, to learn about the construction project of Lobito Refinery.
Africa: U.S. Wants to Support Decarbonisation and New Energy Access in Africa – US Dept Energy’s Volz/in /by
[allAfrica] Cape Town -- Joshua Volz, Deputy Assistant Secretary for Europe, Eurasia, Africa, Middle East in the US Department of Energy, is in Cape Town, South Africa, for Africa Energy Week, and his first stop is Critical Minerals Africa 2023. allAfrica's Juanita Williams finds out how Volz and the department mean to partner with Africa's leaders, the importance of the Lobito Corridor, and moving towards a model where decarbonisation and energy access are both priorities.