Posts

Ghana: Comply With Reduction in Fares/in /by
[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.
Nigeria: NNPCL Plans 300,000 Barrels Daily Crude Supply to Dangote Refinery/in /by
[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.
Nigeria: Nigeria Expands Onshore Oil Explorations Initiative With $1m Contract Award/in /by
[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.
Nigeria: Troops Destroy 38 Illegal Refining Sites in Niger Delta/in /by
[This Day] The Defence Headquarters (DHQ) yesterday said troops destroyed 38 Illegal refining sites in the Niger Delta region.
Nigeria: Wabote Seeks Double-Digit Oil Contribution to GDP, NNPC to Supply 300,000 Bpd to Dangote Refinery/in /by
[This Day] The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, yesterday argued that the oil and gas industry could return to contributing double-digit to the country's Gross Domestic Product (GDP), given the right decisions and clement environment.
Nigeria: Dangote Refinery Will Provide Succour, Turbo-Charge Nigeria’s Economy – NECA/in /by
[This Day] The Nigeria Employers' Consultative Forum (NECA) has declared that the Dangote Refinery would turbo-charge the engine of the Nigerian economy, unstrap the strings holding its growth and bring succor to a country that is in dire need of industrial renaissance.
Angola: Oil Tax Revenue Drops in First Quarter This Year/in /by
[ANGOP] Luanda -- The oil tax revenue stood at 1.3 billion kwanzas in the first quarter of this year, Kz 800 billion less compared to the same period of 2022, during which the sector collected Kz 2.1 billion.
Nigeria: Why and How Petrol Subsidy Must Go/in /by
[Premium Times] For Nigeria to exit from its national fiscal crisis, create prosperity for its citizens and fulfill its obligations to those citizens, we must end the decades-old drainpipe of petrol subsidy. There is no good time to do it. Postponing the evil day (as we have done for too long) beyond the next three months - and even then, only to prepare well for how to do it and the aftermath - would be unwise.
Nigeria: Bayelsa Oil Spills Cleanup to Cost U.S.$12 Billion – Report/in /by
[Premium Times] A similar cleanup in the neighbouring Rivers State has suffered several years of delay.
Nigeria: NNPC Acquired 30 Percent of Petrol Retail Market to Protect Nigerians – Kyari/in /by
[Daily Trust] The Group Chief Executive Officer, Nigeria National Petroleum Company (NNPC) Ltd, Mele Kyari, has stated that its current share of 30 per cent of the petrol stations nationwide is to afford Nigerians competitive price of petroleum products and avoid being held ransom by private owners.