[Vanguard] President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export.
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[This Day] Abuja -- The Country Director of the World Bank, Shubham Chaudhuri, has asked the federal and state governments to consider the financial implications that a continuous fuel subsidy regime could have on their revenues, as the government contemplates the removal of fuel subsidy.
[Premium Times] Despite the global clamour for decarbonization and energy transition, oil and gas remain relevant in the global energy mix, an official said.
[Premium Times] "We have seen the worst, lessons have been learnt, and the solutions are being institutionalised to ensure we never see a repeat," an official said.
[DW] A new report says oil giants Shell and Eni should foot a $12-billion bill to clean up a spills in Bayelsa state -- but they have denied wrongdoing. Instead, Shell and Eni say illegal refineries and oil theft are to blame.
[DW] A new report says the oil giants should foot a $12-billion bill to clean up a spill in Nigeria's Bayelsa state -- but they have denied wrongdoing. Instead, Shell and Eni say illegal refineries and oil theft are to blame.
[allAfrica] Johannesburg -- Kenya is building three ships to guarantee daily trips to Uganda rather than the country's present weekly excursions, according to reports. Kenya's Energy and Petroleum Cabinet Secretary Davis Chirchir said this is in an effort to enhance the export of oil products to Uganda through Lake Victoria. Despite the U.S.$14.57 million project that has been operating since January, Kenya has barely transported 20 million liters of petroleum products, Chirchir said.
[Ghanaian Times] Following any marginal increase in prices of petroleum products, commercial transport unions press for increment in fares for them to, at least, break even so they can remain in business.
[Leadership] Nigeria will now have a ready market for some of its crude oil production in-country as the Nigerian National Petroleum Corporation Limited, said it will be supplying 300,000 barrels daily to the Dangote Refinery set for commissioning next week.
[Leadership] Nigeria is expanding its onshore oil exploration as STRYDE a Seismic acquisition technology and solutions provider just announced the award of a contract worth over $1 million for the supply of 10,000 seismic receiver nodes and its "Nimble" node receiver system.
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