Posts

Nigeria: Petroleum Ministry’s 2024 Budget Cannot Meet Nigerians’ Expectations – Lawmakers/in /by
[Leadership] The Joint National Assembly Committee on Petroleum Resources (Upstream, Downstream, Gas) has expressed disappointment over the 2024 budget of the Ministry of Petroleum Resources, stating that it falls short in meeting Nigerians' expectations.
Nigeria: I’ll Not Tolerate Non-Performance, Tinubu Tells NNPCL Board/in /by
[Premium Times] President Tinubu asked the NNPCL Board to treat the Niger Delta region where oil is produced with the deserved respect and care.
Nigeria: Indigenous Oil Producers Seek Review of PIA/in /by
[Leadership] The Independent Petroleum Producers Group (IPPG), has called for review of critical aspects of the Petroleum Industry Act (PIA) to strengthen the regulatory framework and competitiveness of the fiscal regime.
Guinea: Explosion Rocks Guinea Oil Terminal Causing Deaths, Injuries/in /by
[allAfrica] Cape Town -- A massive explosion at an oil terminal in the capital city Conakry has claimed lives and caused several injuries early today, December 18, 2023, according to BBC reports.
Nigeria: Subsidy Removal – Bayelsa Residents Waiting Endlessly for Federal Govt Palliatives/in /by
[Leadership] Unlike other states of the federation where the N2bn palliative fund as well as food items received from the federal government were already disbursed to citizens to cushion the effects of subsidy removal, residents in Bayelsa have waited endlessly for the prosperity government of Senator Douye Diri to roll out plans for distribution, to get the much-needed succour as a way out of the biting socio-economic realities.
Kenya: Kipevu 1 Diesel Plant to Be Decommissioned This Month/in /by
[Capital FM] Nairobi -- Mombasa's Kipevu I Diesel Plant will be decommissioned once its Power Purchase Agreement (PPA) lapses at the end of 2023.
Kenya: I Am Not Responsible for Falling Pump Prices, Oil Markets Are – Ruto/in /by
[Capital FM] President William Ruto has announced the anticipated easing of pump prices in the county in January as global oil prices fall.
Nigeria: NNPC Ltd Remitted N4.5 Trillion Revenue in October – Kyari/in /by
[Premium Times] Mr Kyari explained that the establishment of the Petroleum Industry Act (PIA) helped the NNPC Ltd to improve its operations.
Nigeria: Nigeria’s Crude Oil Production Dropped in November – OPEC/in /by
[Premium Times] According to the oil cartel's direct communication data, Nigeria's crude oil production dropped to 1.25 million barrels per day from 1.35 million in October 2023.
Africa: COP28 Draft Text a ‘Scandal That Has Failed Us All’/in /by
[Oxfam] In response to the Global Stocktake draft text released tonight, Nafkote Dabi, Oxfam International's Climate Change Policy Lead, said: