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Nigeria: Petroleum Minister, Regulatory Body Disagree on Cause of Crude Oil Losses/in /by
[Vanguard] The Minister of State Petroleum Resources, Timipre Sylva, has faulted claims by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, that inaccurate measurement was responsible for 40 per cent of crude oil losses attributed to oil theft.
Nigeria: Nigeria Could Drill 900,000bpd Additional Oil With Ongoing Quick-Win Interventions – Komolafe/in /by
[This Day] Abuja -- The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has said that the current quick-win interventions by the organisation and industry stakeholders could boost Nigeria's oil production by about 900,000 barrels per day in the short term.
Nigeria: Despite Muffled Oil Output Growth, Nigeria’s Rigs Count Rises 116% in One Year/in /by
[This Day] Abuja -- In spite of subdued growth in Nigeria's oil production in the last one year, the country's rigs count rose markedly from six to 13 between January 2022 and the same period in 2023, new industry data obtained from Baker Hughes, has shown.
Rwanda: How High Price Fuelled Rwanda Coffee Exports Past U.S.$100 Million/in /by
[New Times] Revenue from Rwanda's coffee exports increased by 34 per cent to more than $105 million (about Rwf114 billion) in 2022, from more than $78.3 million (about Rwf85 billion) in 2021, according to the National Agricultural Export Development Board (NAEB)'s December 2022 report.
Nigeria: 40% of Crude Oil Losses Caused By Measurement Inaccuracies – NUPRC/in /by
[Premium Times] The revelation followed a forensic audit conducted by the commission covering the period from January 2020 to November 2022.
Nigeria: Delta 2023 – Omo-Agege, Retirees and the Pipeline Surveillance Money for Youths/in /by
[Vanguard] Delta State All Progressives Congress (APC) governorship candidate, Senator Ovie Omo-Agege, is taking advantage of old men and women on whom he is now playing pranks. Some days ago, Omo-Agege cajoled some elders and retirees who didn't know why they were being called out from the comfort of their homes and put them in a hall and called the encounter a town hall meeting. When they knew the reason, it turned out that it was not as important as they thought. Many of them walked out of the hall while a few sta
Nigeria: Buhari’s Unforced Error/in /by
[CFR] A poorly thought out and poorly timed monetary policy sends Nigeria into a tailspin.
Nigeria: Petrol Price – Benue Govt to Clampdown On Erring Filling Stations/in /by
[Vanguard] The Benue State government has threatened to clampdown on petrol stations in the state that have shunned the Federal Government's directive to dispense Premium Motor Spirit, PMS, also known as petrol at the government approved pump price.
Mozambique: Mozambique Among African Countries That Will Boost Gas Global Market/in /by
[AIM] Maputo, 16 Feb (AIM) - Africa's gas share in the global market will increase to over 11 per cent of all gas supplies by 2050, according to a report by the Gas Exporting Countries Forum (GECF), rising from six per cent in 2021.
Nigeria: NNPC Fixes March 21 to Begin Drilling of Oil in Nasarawa/in /by
[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) yesterday announced that it will commence the drilling of crude oil in Nasarawa State from March 21, 2023.