Posts

Nigeria: IOC Not Exiting Nigeria – Presidency/in /by
[Vanguard] The Presidency says contrary to views in certain quarters, the International Oil Companies (IOC) are not exiting the country, rather they are rebalancing and refocusing on deep water.
Nigeria: Serap Sues NNPCL for Refusing to Account for ‘Missing N500bn Oil Money’/in /by
[Premium Times] SERAP is also asking the court to "direct and compel the NNPCL to invite appropriate anticorruption agencies to investigate the spending...
Ghana: Piac Urges Govt to Revive Struggling Upstream Petroleum Sector/in /by
[Ghanaian Times] The Public Interest and Accountability Committee (PIAC) has urged the government to take decisive steps to revive Ghana's struggling upstream petroleum sector.
Liberia: LPRC Triumphs in $941k Petroleum Theft Case/in /by
[Liberian Observer] In a historic victory for transparency and corporate accountability, the Liberia Petroleum Refining Company (LPRC) has announced the successful conviction of nine former employees found guilty of economic sabotage related to the theft of petroleum products from the company's Product Storage Terminal (PST).
Nigeria: Shell to Pay TotalEnergies $510m for Bonga Field Acquisition/in /by
[Leadership] French oil major TotalEnergies has announced diversification of key stake in a prolific oil producing asset to Shell.
South Sudan: Is Sudan’s War the Reason for South Sudan’s Economic Crisis? What’s Really Going On With Oil Revenue/in /by
[The Conversation Africa] The civil war in Sudan between the Sudanese army and paramilitary Rapid Support Forces, which began in April 2023, has had an impact on its neighbours. One of the most keenly affected countries is South Sudan, which became an independent state in 2011 and went on to endure its own civil war. This ended in 2018 with a tenuous peace agreement.
Nigeria: Climate Justice Movement in Nigeria to Tackle Oil Polluters Launched/in /by
[IPS] Abuja -- Greenpeace Africa earlier in May brought together over 40 Nigerian civil society groups in Abuja to launch the Climate Justice Movement, the first of its kind in the country. The goal is to unite various climate efforts nationwide and address the severe impacts of climate change on Nigeria and the African continent.
Nigeria: Dangote Cement Wins ‘Dividend Paying Company of the Year Award’/in /by
[Leadership] Dangote Cement Plc has been named the Dividend Paying Company of the Year at the inaugural Nairametrics Capital Market Choice Awards.
South Africa: Committee Chairperson Calls On Sibanye Stillwater to Spare No Effort in Rescuing Over 200 Workers/in /by
[Parliament of South Africa] - The Chairperson of the Portfolio Committee on Mineral and Petroleum Resources, Mr Mikateko Mahlaule, has called on the management of Sibanye Stillwater to spare no effort and do everything possible to rescue the over 200 workers trapped under ground at the Kloof gold mine in Westoneria, Gauteng.
Nigeria: Questions Over P/Harcourt Refinery Shutdown After $1.5bn Rehabilitation/in /by
[Daily Trust] The announcement of the shutdown of the Port Harcourt Refining Company (PHRC) otherwise known as Port Harcourt Refinery by the Nigerian National Petroleum Company Limited (NNPCL) has continued to generate angry reactions from industry stakeholders and analysts who reiterated calls for a full privatisation of the government-owned refineries to achieve efficiency and optimisation in the operation of the refineries.