The Nigerian National Petroleum Company (NNPC) Limited has explained how the adulterated Premium Motor Spirit (PMS), otherwise known as petrol was imported into Nigeria from Belgium undetected as well as the oil companies that brought it in. This is coming a few hours after the Minister of State for Petroleum Resources, Timipre Sylva, indicated that
ALL is now set for execution of the East African Crude Oil Pipeline (EACOP) project after France’s TotalEnergies and the China National Offshore Oil Corporation (CNOOC) announced signing of Final Investment Decision (FID) at a historic ceremony held at Kololo grounds in Kampala, Uganda on Tuesday. The colourful event was witnessed by President Yoweri Museveni
By Alan Boswell South Sudan’s fortunes have always been tied to its oil. The discovery of oil in the late 1970s deepened tensions between the South Sudanese and the regime in Khartoum and fueled violence after the outbreak of Africa’s longest-running civil war as both sides vied to control the region’s oil fields. Oil then laid
Critics have warned of the damage to biodiversity and local rights, as well as the global climate. But Ugandan President Yoweri Museveni is hoping for an economic boom. Two giant fossil fuel companies signed a deal on Tuesday to kick off a vast oil megaproject in Uganda despite criticism from environmentalist groups. The China National Offshore Oil
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has lamented the decrepit state of petroleum products storage facilities in Apapa, Lagos, calling for their urgent upgrade to meet industry standard. The Chief Executive Officer of NMDPRA, Mr. Farouk Ahmed, expressed the concern yesterday during an inspection tour of some petroleum products storage facilities operated
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