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Nigeria: Army Arrests 9 Suspected Oil Thieves, Confiscates Products Worth Over N250m
[Leadership] Troops of the 6 Division, Nigerian Army have arrested nine suspected oil thieves and confiscated products worth over N250 million in operations carried out across states in the Niger Delta region.
Nigeria: Just in – UAE Withdraws From Opec, Opec+
[Premium Times] The UAE energy ministry announced this in a statement on Tuesday.
Nigeria: Reflecting On the Great AEP Revival
[Vanguard] Forget the sanitised press releases. Here is what is unfolding around the Amukpe-Escravos Pipeline, AEP.
Nigeria: PWC Urges South Africans to Invest in Nigeria’s Oil Sector to Secure Crude Supply
[This Day] · Calls for joint capital mobilisation, dual listings, others to unlock Africa's energy value chain
Nigeria: Oil Production – Why FG Is Appealing Dawes Island Ruling
[This Day] Peter Uzoho
Nigeria: Aviation Fuel Crisis – NMDPRA Sets Jet A1 Prices At N1,988 in Lagos, N2,037 in Abuja
[Leadership] In a bid to stabilise supply and curb rising costs in the aviation sector, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has pegged aviation fuel, also known as Jet A1, at a maximum of N2,037 per litre in Abuja, with the product costing between N1,760 and N1,988 per litre in Lagos.
Nigeria: Govt Moves to Stabilise Jet Fuel Prices As Keyamo, NMDPRA Step in
[This Day] The federal government moved yesterday stabilise the prices of Jet fuel to save airlines operating in the aviation sector. But this has triggered concerns within Nigeria's aviation and downstream petroleum sectors raising fears that the move could trigger market distortions. Instead some analysts believe the sector should be allowed to operate on the basis of market forces.
Nigeria: Amid Decrepit Refineries, NNPC Denies Sale of Scrap, Equipment
[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) has denied claims that it is selling scrap materials, equipment, or components from its refineries, describing such reports as false and misleading.
Nigeria: Fuel Crisis Deepens As Ibom Air Warns of Soaring Costs, Possible Flight Cuts
[Premium Times] The airline says surging aviation fuel prices are forcing operators to absorb heavy losses, raising concerns over sustainability and service disruptions.
South Africa: High Petrol Prices Chop Khayelitsha Taxi Driver Salaries
[Scrolla] Khayelitsha taxi workers earn a quarter of total weekly profits, and soaring fuel prices mean drivers take less cash home. The Cape Organisation for the Democratic Taxi Association warns taxi bosses will raise passenger fares unless the government cuts levies.