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Nigeria: Oil Price Drop – FCCPC Warns Fuel Importers, Refiners, Others Against Exploiting Consumers/in /by
[Leadership] The Federal Competition and Consumer Protection Commission (FCCPC) has warned refiners, importers, depot operators, marketers and retail outlet owners against exploiting consumers after finding only marginal reductions in the prices of petroleum products despite a sharp fall in global crude oil prices.
Nigeria: Fast-Track Deals With Chinese Firms for Port Harcourt, Warri Refineries, IPMAN Urges NNPC/in /by
[Leadership] The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum Company Limited (NNPC), to expedite the conclusion of the proposed Technical Equity Partnership with the two Chinese companies for the completion and operation of the Warri and Port Harcourt Refineries.
Nigeria: Exclusive – Refinery Maintenance Fraud: EFCC Recovers ₦38.66 Billion, Other Properties/in /by
[Premium Times] The anti-graft agency is preparing to prosecute some former and serving officials of the NNPC and contractors over alleged abuse of office, money laundering and contract fraud.
Nigeria: Govt Lauds Lee Engineering, NNPC, Others for Keeping to Timelines On ELPS Project/in /by
[This Day] Ekpo says compressor to raise gas pressure for power generation, industries
Nigeria: Amid Drop in Global Crude Oil Price, FCCPC Warns Marketers Against Exploiting Consumers/in /by
[This Day] Executive Vice Chairman/Chief Executive, Federal Competition and Consumer Protection Commission (FCCPC), Mr. Tunji Bello, yesterday warned operators in the downstream petroleum sector against exploiting consumers by refusing to reflect the sharp decline in global crude oil prices in retail fuel prices.
Rwanda: Geoscience Laboratory Set for Commercial Launch in September/in /by
[New Times] The Rwanda Mines, Petroleum and Gas Board plans to launch commercial operations at its Geoscience Laboratory in September, with testing and certification revenues expected to make the facility fully self-sustaining within three years.
Angola: MPs Reject Urgent Debate On Rising Oil Prices/in /by
[ANGOP] Luanda -- Members of the National Assembly rejected, on Thursday (25), a request for an urgent debate regarding the rise in the price of the barrel of oil on the international market, as well as the alleged fuel shortage at service stations across the country.
Nigeria: Dangote Refinery Refutes Alleged Fuel Export-Reimport Framing As Illogical/in /by
[Premium Times] Dangote Petroleum Refinery has dismissed allegations that its petroleum products are exported to Lomé, Togo, and subsequently re-imported into Nigeria, describing the act as false and inconsistent with commercial realities.
Liberia: Boakai Backs Major Expansion At LPRC/in /by
[Liberian Observer] President Joseph Boakai, has commended the Liberia Petroleum Refining Company (LPRC) for its strong operational performance and expressed full support for its proposed expansion and modernization of the LPRC Product Storage Terminal (PST), describing the project as a strategic investment in Liberia's long-term energy security.
Nigeria: Nigerian Airlines Now Depend On Bank Loans As Fuel Costs Soar – Onyema/in /by
[Premium Times] Onyema's comments come barely five days after the Dangote Petroleum Refinery announced a reduction in the gantry price of aviation fuel (Jet A1) to N1,450 per litre, highlighting the continued tension between fluctuating fuel costs and the survival of domestic airlines in Nigeria.