AllAfrica News: Petroleum

[Liberian Investigator] - The Liberia Petroleum Products Retailers Union is preparing to take Liberia's downstream petroleum concerns to one of Africa's leading energy gatherings after receiving an invitation to participate in the 20th anniversary of the OTL Africa Downstream Energy Week in Lagos, Nigeria.

[Daba Finance] Nigeria is offering tax credits of as much as $11.50 per barrel to attract up to $50 billion into deepwater oil and gas projects. President Bola Tinubu approved the Deep Offshore Oil and Gas Projects Incentives Order on Aug. 11, replacing project-by-project negotiations with rules that apply across qualifying developments. Gas projects can receive credits of as mu...

[Daily Trust] Stakeholders in the oil and gas sector have welcomed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) projection that Nigeria's upstream oil and gas sector is to attract between $30 billion and $50 billion in offshore investments between 2026 and 2030.

[Daily Trust] The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday called on Nigeria and other West African countries to reduce their dependence on foreign markets in determining the prices of petroleum products.

[Premium Times] Nigeria's crude oil production fell by four per cent month-on-month in July 2026, despite the country maintaining production above its OPEC quota for the third consecutive month, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).