[Vanguard] Nigeria's spending on kerosene type jet fuel importation fell quarter-on-quarter (QoQ) by 87 percent to N31 billion in the first quarter of 2024 (Q1'24) from N239.18 billion in Q4'23.
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[Daily Maverick] TotalEnergies says it is pulling the plug on its Brulpadda and Luiperd gas projects off South Africa's south coast on the grounds that they are not commercially viable. This represents a fresh blow to Mineral and Petroleum Resources Minister Gwede Mantahse's efforts to develop South Africa's hydrocarbon sector.
[Daily Maverick] A Panama-flagged cargo ship broke apart over the weekend on the West Coast. Severe weather has hindered a thorough assessment of the damage and extent of an oil spill from the vessel, with potential impacts on nearby fishing grounds, estuaries and islands supporting threatened species of seabirds.
[This Day] Abuja -- The Federal Executive Council (FEC) rose from its meeting presided over by President Bola Tinubu on Monday with an express approval of the sale of crude oil to indigenous refineries including Dangote Refinery in Naira.
[This Day] To ensure the stability of the pump price of refined fuel and the dollar-Naira exchange rate, the Federal Executive Council Monday adopted a proposal by President Tinubu to sell crude to Dangote Refinery and other upcoming refineries in Naira.
[Premium Times] PREMIUM TIMES reported the dispute between Dangote refinery and regulators in the oil sector over crude supply to the refinery and importation of refined petroleum products.
[Leadership] Dangote Refinery has said the Nigerian National Petroleum Company Limited (NNPCL) is supplying insufficient crude oil for its production demands, hence its plan to source r crude from Brazil and America.
[Leadership] A former Commander, Operation Delta Safe between 2016 and 2019, Rear Admiral Suleiman Apochi has alleged that crude oil theft in the Niger Delta was often perpetrated through the collaboration of operators of the oil well, security agents and sponsors of the nefarious activity.
[This Day] It is high time President Bola Tinubu rose to stop the ongoing demarketing and vilification of the Dangote Refinery by agencies of government to avert further damage to the nation's already battered image before the global community, writes Peter Uzoho
[This Day] A frica's prime moneyman, Mr. Aliko Dangote of Nigeria, has recently changed from business suit and kaftan to battle fatigue. For a man whose visibility is defined by money and huge investments, this sudden change of costume is important. Ordinarily, Dangote as a person and a brand has become synonymous with huge factories and countless trucks traversing different African countries bearing the products of his factories. A big business man can make rowdy media appearances to project his presence and market
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