Posts

Nigeria: ‘Nigeria Violating Own Law With Mandatory Crude Supply to Local Refiners’/in /by
[Leadership] The federal government has been informed that it is close to violating existing laws by issuing mandatory sale of crude oil to Dangote Refinery and its local counterparts in Naira.
Namibia: Namibia Urged to Invest Oil Revenue in Other Sectors/in /by
[Namibian] Namibia has been advised to use oil revenue to invest in other sectors of the economy to diversify income streams.
Nigeria: How Tinubu’s Petrol Subsidy Reform Unravelled/in /by
[This Day] It is not inevitable. But here we are. President Bola Tinubu's reform on petrol subsidy has come undone. The president's signature reform--his most-trumpeted achievement in office--has not been undermined by the 'subsidy cabal', the labour unions, the opposition parties, the passage of time or even by citizens with an incurable sense of entitlement. No.
Nigeria: Endless Queues – Blame Game Continues/in /by
[This Day] Nigeria's current fuel scarcity has sparked widespread frustration, with conflicting excuses from various quarters. Meanwhile, industry stakeholders point fingers at policy failures and regulatory lapses, leaving Nigerians caught in the middle of a confusing and worsening crisis, reports Festus Akanbi
Nigeria: Fuel Shortage – Long Queues Persist in Lagos, Environs As Marketers Shut Stations/in /by
[Vanguard] There were long queues in Lagos and environs, yesterday, as many independent oil marketers without petrol shut their filling stations against motorists and other customers.
Senegal: Senegal Begins Review of Oil and Gas Contracts in Bid to Reclaim Resources/in /by
[RFI] Senegal has launched a major effort to reclaim control over its oil and gas resources, setting up a commission to review and renegotiate contracts with foreign companies that critics say have long favoured international interests over national ones.
Nigeria: President, Wale Tinubu ‘Ve No Interest in OVH Acquisition – NNPCL/in /by
[Vanguard] The Nigeria National Petroleum Company Limited, NNPC Ltd have picked holes in the allegation of former Vice President, Alhaji Atiku Abubakar, accusing President Bola Tinubu of mortgaging Nigeria's future to family and friends, and hijacking the NNPC by cabals around him.
Nigeria: Nnpcl Withholding Petroleum Products From South West Members – Ipman/in /by
[Leadership] As fuel queues resurfaced in petrol stations in major cities in the South West Region of the country, the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mosimi Depot yesterday blamed the fuel scarcity currently being experienced across the region on the alleged refusal of management of Nigeria National Petroleum Corporation Limited (NNPCL) to make petroleum products available to its members three months after which such has been paid for.
Nigeria: Nnpcl Fy’23 – Kyari Stands Tall in Spite of Disruptors’ Intrigues/in /by
[This Day] Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Company Limited, NNPCL, has again demonstrated the words of American Singer and actor, Frank Sinatra that "the best revenge is massive success."
Nigeria: NNPC Employee Benefits Rise 118.7 Percent Y-O-Y, Company Reduces 221,000bpd Staked in N6.5 Billion Debt/in /by
[This Day] Abuja -- The total employee benefits paid by the Nigerian National Petroleum Company Limited (NNPC) to its workers rose 118.73 per cent year-on-year, the national oil company's newly released 2023 Annual Financial Statements (AFS) has indicated.