AllAfrica News: Petroleum

Nigeria: DESOPADEC Urged to Revisit Abandoned Projects, Timely Paments for Contracts

Tue, 04 Aug 2020 12:22:46 GMT

[Vanguard] Warri -- An appeal has gone to the board of Delta state Oil Producing Area Development Commission, DESOPADEC to revisit abandoned projects of the commission in several oil bearing communities across the state.

Nigeria: Oil Industry Stakeholders' Search for Survival Strategies

Tue, 04 Aug 2020 11:48:19 GMT

[This Day] In a recent gathering of business leaders and industry experts, participants deliberated on how companies, especially oil-related ones, can survive the current challenges in the global oil market.

South Africa: Fuel Price Set to Increase

Tue, 04 Aug 2020 08:47:45 GMT

[SAnews.gov.za] Cash strapped consumers will have to dig deeper into their pockets as the price of petrol is set to go up by 5 cents a litre at midnight.

Nigeria: Uncertainty Over OPEC's Plan to Raise Supply in August

Tue, 04 Aug 2020 07:23:40 GMT

[This Day] Abuja -- There is uncertainty over the Organisation of Petroleum Exporting Countries (OPEC) and allies' plan to return supply to the market after the group's output cuts, while the covid-19 pandemic continues to spread across many major economies of the world.

Nigeria: Ex-NNPC GMD Joseph Dawha Dies

Tue, 04 Aug 2020 05:17:22 GMT

[Premium Times] The Nigerian National Petroleum Corporation (NNPC) has announced the death of Joseph Dawha, who was its 16th Group Managing Director (GMD).

Namibia: First Fuel Hike for 2020

Mon, 03 Aug 2020 15:29:39 GMT

[Namibian] The Ministry of Mines and Energy has announced the price of both petrol and diesel will increase from tomorrow at midnight.

Tanzania: Fuel Station Operators Rage Over Retail Price

Mon, 03 Aug 2020 13:39:07 GMT

[Daily News] FUEL station dealers in the country have raised alarm of some Oil Market Companies (OMCs) allegedly overcharging retailers illegally.

Nigeria: Marginal Oil Fields - Urhobo Group Urges Osinbajo, Sylva to Address Points of Agitation

Mon, 03 Aug 2020 10:45:37 GMT

[Vanguard] Campaign for The Economic Survival of Urhobo Nation, CATESUN, has urged Vice President Yemi Osinbajo and Minister of Petroleum (State), Timipre Sylva to urgently addressed the points of agitation of the Urhobo ethnic Nationality in Niger Delta.

Zimbabwe: Fuel Smuggling Ring Busted

Mon, 03 Aug 2020 10:02:17 GMT

[The Herald] Multiple fuel smuggling scams are being run in Zimbabwe with cheap fuel being smuggled from Mozambique, sometimes mislabelled to avoid customs duty, and sold or re-exported for hard currency while fuel bought in Zimbabwe for local currency is suspected of being smuggled out and sold for hard currency.

Nigeria: Reps Set Up 30-Man Committee to Accelerate Passage of PIB

Mon, 03 Aug 2020 09:10:19 GMT

[Vanguard] The House of Representatives is set to pass the long-awaited Petroleum Industry Bill, PIB, into law in September.

Namibia: Fuel Prices to Increase

Mon, 03 Aug 2020 09:05:27 GMT

[New Era] Fuel prices will increase as of midnight on Wednesday when petrol will increase by N$1 per litre (p/l) and diesel by 70 cents p/l. This increase means the fuel pump prices at the port of entry of Walvis Bay will become N$11.35 p/l on petrol and N$11.83 p/l on diesel.

Zimbabwe: Fuel Sector Must End Smuggling, Arbitrage

Mon, 03 Aug 2020 08:38:30 GMT

[The Herald] Zimbabwe petroleum sector pricing policies, financing, supply chains and stock accounting need to be fixed quickly to prevent the growing risks of smuggling, arbitrage and deliberate defiance of foreign currency pricing rules.

Nigeria: No Stolen Crude Oil in China, Oil Board Insists

Mon, 03 Aug 2020 07:14:35 GMT

[This Day] The Nigerian National Petroleum Corporation (NNPC) has clarified that it did not lose 48 million barrels of crude oil to theft, describing an allegation that such quantity of crude oil was stolen and shipped to China as a failed attempt by officials of a Mexican firm to extort, intimidate and defraud the corporation.

Nigeria: We'll Deliver Refineries Mid-2023 - NNPC

Mon, 03 Aug 2020 07:12:29 GMT

[This Day] The Nigerian National Petroleum Corporation (NNPC) has promised to get the refineries functional by mid-2023.

Angola: Angola, Opec Strengthen Market Stability

Sun, 02 Aug 2020 08:25:37 GMT

[Ethiopian Herald] Angola discussions that took place last week is a major pillar of the strong dialogue and cooperation between OPEC and African producing nations. The Chamber welcomes these discussions and encourages more collaboration as Angola and others will benefit from market stability, according to Apo group.

Tanzania: Queries as Authorities Confirm Fuel Price Hike

Fri, 31 Jul 2020 10:26:26 GMT

[Citizen] Dar es Salaam -- Authorities confirmed yesterday that fuel prices have risen for a second time in one month in somewhat bizarre circumstances that have left motorists with more questions than answers.

Kenya: Nanok, Lawmakers Demand Audit of Tullow's Activities

Fri, 31 Jul 2020 06:41:50 GMT

[Nation] Leaders from Turkana County have called for an audit of Tullow Oil operations.

Nigeria: Stay Off Oil Facilities in Rivers, NSCDC Warn Vandals

Fri, 31 Jul 2020 06:40:51 GMT

[Daily Trust] Port Harcourt -- The Rivers State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has warned those involved in oil bunkering and illegal diversion of petroleum products in the state to stay off such facilities or face the full wrath of the law.

Nigeria: Government Averts Payment of $125m to Shadowy International Syndicate

Fri, 31 Jul 2020 06:30:38 GMT

[Premium Times] The Nigerian National Petroleum Corporation, NNPC in collaboration with officials of the Federal Government has saved Nigeria from losing a whooping sum of $125 million to an alleged international syndicate led by one Messrs. Ramirez and Mr Jose Salazar Tinajero and their company Samano Sa De Cv.

Nigeria: Malabu Scandal - Shell 'Writes Down' OPL 245 Licence

Fri, 31 Jul 2020 06:15:22 GMT

[Premium Times] Royal Dutch Shell has said that its second-quarter writedowns include the controversial OPL 245 licence at the centre of corruption trials in Nigeria, Italy and the UK.