[Capital FM] Nairobi -- The Kenya Pipeline Company is set to build a Sh17.7 billion liquefied petroleum gas (LPG) storage and handling facility at Changamwe in Mombasa County.
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[This Day] Abuja -- Despite its perennial underproduction in the last two years, Nigeria has been able to ramp up its crude oil output compared to its budget benchmark from an average of about 60 per cent to 75 per cent between H2, 2022 and Q1, 2023, data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed.
[This Day] Abuja -- The first phase of a project to rehabilitate Nigeria's 210,000 barrels per day Port Harcourt refinery, which had been slated for completion in April this year, may not be finished for another four months at least, refinery and oil ministry sources have told Argus Media.
[VOA] Maputo -- The general director of Exxon Mobil Mozambique says his company needs long-term stability in Cabo Delgado province before it can think of restarting a $30 billion liquefied natural gas project in northern Mozambique.
[This Day] Abuja -- Vice President Yemi Osinbajo yesterday insisted that while the global call for a transition to cleaner fuels may be valid, it would be unreasonable for Nigeria to abandon her fossil fuel deposits at the moment.
[Leadership] As federal government appear more determined to strike out petrol subsidy regime, indigenous oil and gas firms are taking fresh investment decisions to expand internal gas market.
[Vanguard] The Minister of Justice and Attorney-General of the Federation, AGF, Abubakar Malami, SAN, yesterday described as baseless and unfounded allegations that 48 million barrels of crude oil worth $2.4 billion were missing.
[Premium Times] "Council agreed that the timing of the removal of fuel subsidy should not be now," an official said.
[Premium Times] The signing of the agreement took place at the NNPC headquarters in Abuja.
[Premium Times] The industrial action was suspended following "high-level mediation" between the leadership of the company and PENGASSAN.
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