Follow AllAfrica News: Petroleum, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/all-africa-news-petroleum Tue, 28 Sep 2021 15:10:21 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFych3Cc0of85uGkz6RCC25z [Capital FM] Nairobi -- The Parliamentary Committee on Finance and National Planning was Tuesday expected to begin the consideration of the two petitions challenging the increase in prices of petroleum and petroleum products blamed for the sharp rise in the cost of living in the country.]]> Tue, 28 Sep 2021 14:41:51 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFych3Cc0of85uGkz6RCC25z https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz7ErCqbZVRiHMq2h3ehXEp [Nation] When Tullow discovered crude oil in 2012 in Turkana County, the sleepy Lokichar town came alive.]]> Tue, 28 Sep 2021 14:12:53 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz7ErCqbZVRiHMq2h3ehXEp https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyu_8joz0Rwb1yOSYGFl6uu [Ghanaian Times] The Bulk Oil Storage and Transportation (BOST) managed to beat down $37million claims by Bulk Distribution Companies (BDCs) to $11million saving the country more than $26million.]]> Tue, 28 Sep 2021 11:01:46 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyu_8joz0Rwb1yOSYGFl6uu https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyu_8joz0RwbwaB2UxGNFpJ [Vanguard] A frontline group in the Niger Delta region, Project Niger Delta, PND has condemn the continuous delay in Inaugurating the board of the Niger Delta Development Commission, NDDC stressing that it could destabilize the region.]]> Tue, 28 Sep 2021 11:01:01 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyu_8joz0RwbwaB2UxGNFpJ https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyu_8joz0Rwb0FW8UNEQjUn [Vanguard] Abuja -- The Nigerian National Petroleum Corporation (NNPC) has disclosed that it will deduct N149.28 billion spent on petrol subsidy in August, 2021 from its contribution to Federation Account Allocation Committee (FAAC) revenue distributions in the month of October.]]> Tue, 28 Sep 2021 11:01:00 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyu_8joz0Rwb0FW8UNEQjUn https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFzO38mImK-YSWhamfNIiY2W [This Day] Abuja -- In July this year, the Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, affirmed that government subsidy on petrol had risen to some N150 billion monthly and made a strident case for its removal altogether.]]> Tue, 28 Sep 2021 10:24:45 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFzO38mImK-YSWhamfNIiY2W https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFzO38mImK-YSQX50KYzL9tX [This Day] Out of a possible N1.46 trillion the Nigerian National Petroleum Corporation (NNPC) budgeted as revenue payment to the nation in the first seven months of 2021, the corporation has only been able to remit N349.254 billon as of July ending this year, data from the corporation has indicated.]]> Tue, 28 Sep 2021 10:24:42 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFzO38mImK-YSQX50KYzL9tX https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz4ny_Zoun3MQSngkwrdsok [Radio Dabanga] Port Sudan/Kassala -- The High Council of Beja Nazirs* and Independent Chieftains announced the reopening of the oil export and import line and of Bashayer Port 2 yesterday while vowing to continue the closures of the roads and other ports in Red Sea state.]]> Tue, 28 Sep 2021 09:49:01 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz4ny_Zoun3MQSngkwrdsok https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz8-pIhwPuc_zErtZyObPkc [Vanguard] THERE are indications that oil and gas explorations dropped in Nigeria as the rig count fell by 49.5 per cent to 53 in the first eight months (January-August) of 2021, from 105, recorded in the corresponding period of 2020. The rig count, a major index for measuring the level of activities, especially exploration in the upstream oil sector, was obtained from the reports of the Organisation of Petroleum Exporting Countries, OPEC.]]> Tue, 28 Sep 2021 09:32:08 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz8-pIhwPuc_zErtZyObPkc https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz8-pIhwPuc_3tuT6pSmY81 [Vanguard] There are indications that federal government's revenue may be facing increasing pressures as oil revenue continues to falter, dropping about -26% Year-on-Year, YoY, to N393billion in August 2021, 22% below the pro-rata benchmark set in the 2021 budget.]]> Tue, 28 Sep 2021 09:32:07 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz8-pIhwPuc_3tuT6pSmY81 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz8-pIhwPuc_93hDS9njgCr [Vanguard] As the prices of crude continue to leap, due mainly to shortages in the United States and recovery from the coronavirus pandemic, experts have predicted further rise to $90 per barrel, from $78 in the global market.]]> Tue, 28 Sep 2021 09:32:03 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFz8-pIhwPuc_93hDS9njgCr https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyc1ofLJ3l9QQC0qH-r7xlT [This Day] Emmanuel Addeh writes that Nigeria's inability to meet its allocated oil production quota by the Organisation of Petroleum Exporting Countries (OPEC) for months, not only poses a clear challenge to its much-needed drive to earn foreign exchange, but could also distort the cartel's global monthly output plan.]]> Tue, 28 Sep 2021 09:05:26 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyc1ofLJ3l9QQC0qH-r7xlT https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFzzYelZ23S4uFT72x6uxjiK [Capital FM] Nairobi -- The Energy and Petroleum Regulatory Authority (EPRA), the Kenya Pipeline Company (KPC) and the Petroleum Institute of East Africa are among five stakeholders expected to give submissions to the Parliamentary Committee on Finance and National Planning as it begins its consideration of the two petitions regarding the increase in prices of petroleum and petroleum products.]]> Tue, 28 Sep 2021 07:26:33 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFzzYelZ23S4uFT72x6uxjiK https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFw90waWgIJJyIfjc6hd5eWF [Daily Trust] There may be looming fuel scarcity as the national executive council of Petroleum Tankers Drivers (PTD)'s branch of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has directed for a nationwide strike as it blamed the federal government over the poor state of highways and other safety issues.]]> Tue, 28 Sep 2021 06:54:31 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFw90waWgIJJyIfjc6hd5eWF https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyt9h-5s10PEUTXPGaG87AR [Nation] The Kenya Pipeline Company (KPC) is on the spot once again over its failure to install a leak detection system in the Sh61 billion Mombasa-Nairobi oil pipeline.]]> Mon, 27 Sep 2021 16:45:14 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyt9h-5s10PEUTXPGaG87AR https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFy_-lEPEX4Um8fGo0LrnZNO [GhanaToday] The management of the Bulk Oil Storage and Transportation (BOST) Company Limited, has paid $585 million of its $624 million trade debt it inherited in 2017 via Internally-Generated Funds over the past four years.]]> Mon, 27 Sep 2021 15:44:22 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFy_-lEPEX4Um8fGo0LrnZNO https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFxwy5aEpX8dAABC78OgjhDM [This Day] Akwa Ibom State Governor, Mr. Udom Emmanuel, has decried the three per cent allocated to oil-producing communities in the Petroleum Industry Act (PIA), saying the "paltry three per cent hurt the oil-producing communities badly."]]> Mon, 27 Sep 2021 11:19:38 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFxwy5aEpX8dAABC78OgjhDM https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyOJ-E3OI1rLPdczOo_8W9B [Nation] Amani National Congress (ANC) leader Musalia Mudavadi has urged Parliament to save Kenyans from further economic burden by pushing for the return of the fuel subsidies that were removed by the State.]]> Mon, 27 Sep 2021 10:06:22 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFyOJ-E3OI1rLPdczOo_8W9B https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFy3Z1NiW2Mx-9KEpFgimKzx [Nation] Every time there is a fuel price increase, it is the taxman that smiles the broadest.]]> Mon, 27 Sep 2021 09:37:24 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFy3Z1NiW2Mx-9KEpFgimKzx https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFwvYe_RYTIovHtuT6pSmY81 [Vanguard] *Lobby House leadership, colleagues lAct, a bad law'll cause crisis - Chinda]]> Mon, 27 Sep 2021 09:22:05 +0200 https://api.follow.it/track-rss-story-click/v3/DJc3dJ5qEFwvYe_RYTIovHtuT6pSmY81