[Vanguard] With oil production in Nigeria falling significantly short of the budget benchmark and allotted quota of the Organization of Petroleum Exporting Countries, OPEC, in 2023, the Nigerian Upstream Regulatory Commission, NURPC, has drawn out an ambitious plan to improve production by attracting more investment into the industry.
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[New Times] Uganda has taken legal action against Kenya in the East African Court of Justice (EACJ) after Nairobi denied a local license to Uganda's government-owned oil marketer, the Uganda National Oil Corporation (UNOC).
[Vanguard] The Nigerian National Petroleum Company (NNPC) Limited, yesterday, said it has recorded 112 incidences of crude oil theft in the Niger Delta.
[Leadership] Nigerians have once again been given false hope about the return of the Port Harcourt refinery to full operational capacity.
[Leadership] Dangote Refinery has received its fourth shipment of one million barrels of bonny light crude supplied by the Nigeria National Petroleum Company (NNPC) Limited.
[Vanguard] The $19 billion Dangote Refinery, yesterday, took delivery of one million barrels of crude oil, thus increasing total deliveries to about three million barrels while boosting hopes of ending the importation of petroleum products and associated foreign exchange burden on the currently being discharged into the company's facility, came from Shell International Trading and Shipping Company Limited (STASCO).
[VOA] Yaounde, Cameroon -- Central Africa has, for months, been plagued with acute fuel shortages that have stifled regional economic growth, disrupted local businesses, and contributed to rising food prices and social unrest. The shortages are partly blamed on increased demand coupled with disruptions in supply, and on illegal trade in conflict zones.
[Premium Times] "We'd probably very early in the year close out another segment of the market, an off-take for South Africa," David Ige, the CEO of the Lagos-based energy firm, said.
[Leadership] Uganda has extended an oil exploration licence to Nigeria's Oranto Petroleum Ltd. by two years after the company asked for compensation for time lost during the COVID-19 pandemic.
[Observer] The commander of the Liberia National Police Totota Detail, Moufee Jabateh, was one of those who were caught up in the tragic gasoline tanker blast that took place in Totota, Bong County on Tuesday, December 26. Also among those affected by the explosion was the commander of the Community Watch Forum of the area, Korvah Juker.
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