Nigeria: TotalEnergies Appoints New Director/in /by
[Premium Times] Mrs Popoola-Mordi joined TotalEnergies Marketing Nigeria Plc in 2011 as Legal Affairs Manager/Company Secretary
Nigeria: Govt Spent N13trn On Subsidies in 16 Years, Thieves Stole N16trn Oil – NEITI/in /by
[Daily Trust] Nigeria has spent over N13 trillion or $74 billion on fuel subsidies in 16 years, which is between 2005 and 2021.
Nigeria: Kyari, Ajiya’s Appointments in Line With Pia, Govt Circular – NNPC/in /by
[Leadership] The Nigerian National Petroleum Company Ltd (NNPCL) has instituted a legal action against Sahara Reporters over the publication of what it called a misleading report on the reappointment of Mr Mele Kyari as its group chief executive officer (GCEO) and Umar Ajiya as the chief finance officer (CFO).
Tunisia: Domestic Oil Production Down By 16%, Natural Gas Resources By 14%, End of February 2023/in /by
[Tunis Afrique Presse] Tunis/Tunisia -- The domestic production of crude oil dropped by 16% at the end of February 2023 compared to the end of February 2022, standing at 242 kilotonnes (kt), according to the Energy Outlook for February 2023, released Thursday by the National Observatory of Energy and Mines under the Ministry of Industry, Mines and Energy.
Nigeria: Shell Denies Breach of Nigerian Content Law/in /by
[Premium Times] The Ijaw Youth Congress alleges that SPDC had excluded indigenous players from its operations at the EA fields in breach of the community content guidelines.
Nigeria: African Airlines Suffer N1.6trn Loss Over Fuel Costs, Taxes – IATA/in /by
[Daily Trust] African carriers suffered cumulative losses of about $3.5 billion (about N1.625 trillion) over the past three years, a deficit that's set to persist as restrictive fuel costs and taxes weigh on carriers.
Angola: Angolan Government Prepares Bases to Mitigate Oil Decline/in /by
[ANGOP] Seoul -- The Angolan government is currently outlining strategies to mitigate the natural decline of oil production, which has been falling by around 10 to 15 percent per year, due to the time and maintenance of existing wells, the secretary of State for Oil and Gas José Barroso has said.
Nigeria: Oil Market – Nigeria, Russia Account for 440,000 Bpd Drop in Output – Report/in /by
[Vanguard] The Organisation of Petroleum Exporting Countries, OPEC, and its allies popularly known as OPEC+, recorded a drop of 440,000 barrels per day, bpd oil output in March 2023, due to developments in Nigeria and Russia.
Nigeria: Reps Probe Missing 48 Million Barrels of Crude Oil, Summons Malami, Ahmed, Others/in /by
[Premium Times] The House had in December 2022 resolved to probe the alleged missing barrels of crude oil allegedly sold in China by some Nigerian officials.
Nigeria: Navy Arrests 27 Vessels, Deactivates 294 Illegal Refinery Sites Within 12 Months – Official/in /by
[Premium Times] Crude oil theft has become one of the prevalent crimes around Nigeria's coastal areas.