Posts

Nigeria: Nigerians May Pay More for Petrol As NNPC Quits Middleman Role/in /by
[Daily Trust] Petrol price is likely to rise again following the decision by the Nigerian National Petroleum Company Limited (NNPCL) to end its exclusive offtake agreement with the Dangote Refinery, allowing other marketers to buy the product directly from the facility.
Uganda: Can Uganda’s Oil Development Rid the Region of Imports?/in /by
[New Times] Uganda's oil drilling efforts are taking shape as the country looks to develop its oil and gas industry. Last week, the country received the first batch of coated line pipes as part of its preparations to export the first barrels of crude oil by the end of next year.
Nigeria: Govt, NNPCL, Dangote Plan Changes in Petrol Lifting – Investigation/in /by
[Vanguard] Plans have reached an advanced stage by the Federal Government, Nigerian National Petroleum Company Limited, NNPCL, and Dangote Refinery for far-reaching changes in the process of lifting and distribution of petrol in the country.
Nigeria: Govt Allocates 48.6m Barrels of Crude to Dangote Refinery in 10 Months/in /by
[Vanguard] THE Federal government has allocated a total of 48.6 million barrels of crude oil to Dangote Petroleum Refinery for refining in 10 months.
Nigeria: Dangote to Get 40,000bpd Crude As NNPCL Quits Off-Taker Role/in /by
[Leadership] The Dangote Refinery is set to receive approximately 24 million barrels of Nigerian crude in October and November, signalling a shift towards utilising more domestic supply.
Nigeria: Cautious Optimism Amidst Sale of Crude Oil in Naira to Dangote, Others/in /by
[Daily Trust] Sale of crude oil to local refiners in naira has commenced, the federal government has confirmed, raising expectations of lower fuel costs from Nigerians.
Nigeria: NNPC Quits As Middleman in Dangote Refinery Petrol Purchase/in /by
[Premium Times] This means NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery.
Nigeria: As Dangote Petrol Circulates Across Nigeria, NNPC to Implement New Price Regime/in /by
[Premium Times] The NNPC had on September 3 increased the price of petrol at its pumps from from N617 per litre to between N855 and N897.
South Africa: Cosatu Welcomes the Fall in Petrol Prices but Urges Government to Do More to Cushion the Economy/in /by
[COSATU] The Congress of South African Trade Unions (COSATU) welcomes the continuous fall in petrol prices bringing relief to millions of workers, commuters and the economy. We urge government led by the African National Congress to accelerate its efforts to maintain this progress and to further cushion a still fragile economy.
Nigeria: Oil Sector Overdue for Total Overhaul, Expert Tells Tinubu/in /by
[Leadership] Efforts by President Bola Tinubu to maximise the benefits of the oil industry for Nigeria's economic growth will remain a mirage until competent managers are appointed to drive the president's vision.