South Sudan: Kiir Launches Attack on Sudan's Bashir
[Sudan Tribune]
Juba -
The president of South Sudan Salva Kiir on Monday launched a fierce attack on his Sudanese counterpart Omer Hassan al-Bashir calling him a "thief" and urged him to surrender himself to the International Criminal Court (ICC).
Uganda: I Ordered Minister to Sign Oil Agreement - Museveni
[New Vision]
President Yoweri Museveni has revealed that he ordered the Minister of Energy to sign the agreement with Tullow Oil last week.
Nigeria: Agip Attack - JTF Launches Manhunt for Masterminds
[Vanguard]
Yenagoa -
Joint Task Force, JTF, in the Niger Delta, codenamed Operation Pulo Shield, has launched a manhunt for the alleged masterminds of weekend attack on the Nigerian Agip Oil Company, NAOC, facility in the mangrove swamp of Brass in Bayelsa East senatorial district. Already, the names of the suspects, it was gathered, are with the security forces.
Nigeria: NNPC Has Fuel for 33 Days
[Vanguard]
Abuja -
Presidency, yesterday, said there was no reason for Nigerians to embark on panic-buying of petrol as the Nigerian National Petroleum Corporation, NNPC, had adequate stock to serve the country for 33 days.
Nigeria: Total Gets Ultra Deepwater Drillship for Egina Field
[This Day]
French oil major, Total has engaged ultra-deepwater drillship, Pacific Scirocco on a one-year drilling contract for Egina Deepwater field, located 150kilometres offshore Nigeria, at the rate of $470,000 per day.
Nigeria: Subsidy Probe - Searching for 'Brief Case' Marketers
[This Day]
To identify genuine marketers from those who 'played games' with petrol subsidy, Ejiofor Alike writes that the House of Representatives' Ad-Hoc Committee investigating the management of the fund should adopt the recommendation of the Chief Executive Officer of Oando Plc, Mr. Wale Tinubu, that any player who claimed to have imported petrol into the country should be made to provide the bills of lading; certificates of discharge and letters of credit of the imported cargoes
Ghana: Ghana, Unions Agree On Fuel Cost Reduction
[Daily Trust]
Accra -
The Ghanaian authorities and representatives of Ghana Trade Union Congress (TUC) have agreed to a 20 per cent reduction in the pump price of petroleum products in the country.
Nigeria: NNPC Has Enough Fuel to Last 33 Days - Presidency
[Vanguard]
Abuja -
The uncertainties surrounding the fuel subsidy regime could be blamed for the incessant return of queue to the filling station across the country, it was learnt, yesterday.
Uganda: Pump Prices Go Down As the Shilling Gains
[EA Business]
Kampala -
Motorists have been witnessing a reduction in pump prices since mid January as a result of an appreciating shilling.
Liberia: LPRC Surges Ahead With New Plans & Vision
[New Democrat]
The Liberia Petroleum Refinery Company (LPRC) has increased marketing demands and the importation of petroleum products for local businesses, prompting a 5% increase in the importation of mix products.
Nigeria: Kokori Urges National Assembly to Approve 10 Percent Provision for Oil Communities
[Vanguard]
Warri -
Kokori community in Agbon Clan, Ethiope East Local Government Area of Delta State, has called on the National Assembly to support President Goodluck Jonathan's proposal of 10 per cent equity share provision in the Petroleum Industry Bill, PIB, for oil and gas-bearing communities.
Nigeria: Subsidy - David West Seeks Okonjo-Iweala's Resignation
[Leadership]
The former Minister of Petroleum during the administration of General Muhammadu Buhari, Prof. Tam David West has called on the Minister of Finance, Dr. Ngozi Okonjo-Iweala to resign, saying that he had planned to conduct a campaign to ensure the resignation of the former World Bank Managing Director.
Nigeria: JTF Names Suspects in Pipeline Sabotage
[Leadership]
The Joint Military Task Force (JTF) in the Niger Delta says it has identified seven men who were responsible for bombing an oil pipeline belonging to Italian oil giant Agip.
Kenya: Firm Launches Sh50 Cooking Gas Stirring Stiff Competition
[Nation]
Premier Gas Limited has introduced a one kilogramme cooking gas cylinder setting stage for battle in the local market for the product.
Nigeria: Shell - Crude Oil Theft Threatens Export of 140,000 Barrels Per Day
[This Day]
Shell Petroleum Development Company of Nigeria (SPDC) has raised the alarm that the increased crude oil theft activities on the new Nembe Creek Trunkline (NCTL) in Bayelsa State would disrupt the export of 140,000barrels per day of crude oil.
Nigeria: Chevron Rig Fire Damage Hits Shores
[This Day]
The damage caused by the fire on KS Endeavour, a drilling rig operated by FODE Drilling Nigeria Limited for Chevron Nigeria Limited on Funiwa Field in Block 86 in Bayelsa State has hit the coastal communities, polluting water and the environment.
Nigeria: Rig Fire - Chevron to Build Relief Wells Within 100 Days
[This Day]
Chevron Nigeria Ltd said it would take about 100 days to drill the two relief wells at the site of its wrecked KS Endeavor jack-up off the coast of Nigeria.
Nigeria: JDZ Blocks - ERHC Energy's Extension to End in March
[This Day]
The expiration of the one-year extension granted ERHC Energy Incorporated for Exploration Phase 1 in oil Blocks 2, 3 and 4 in the Joint Development Zone (JDZ) that belongs to Nigeria and Sao Tome and Principe will end in the middle of March, 2012.
Nigeria: Gas Flare - Oil Companies Deny Investors Access to Sites
[This Day]
Efforts by the Federal Government to end gas flare by utilising associated gas from oil fields for power generation, thereby ending decades of environmental pollution in the Niger Delta have suffered setbacks.
Sudan: Kiir Must Not Give Up Talking to Bashir
[Sudan Tribune]
Oil disputes between Sudan and the Republic of South Sudan has now taken an ugly turn when both regions turned against one another in a vicious of war of words. Each side blame another for the break down of the oil negotiations in the Ethiopian's Capital-Addis Ababa. Media and foot soldiers furore of the two camps have done the needed damage against either side.
Nigeria: Militants Threatens More Attacks
[Daily Trust]
The Movement for the Emancipation of the Niger Delta (MEND) has threatened to carry out "a few major attacks" on oil installations to demonstrate to the world "the helplessness of oil companies and the Nigerian military."
Nigeria: Crude Theft Threatens the Country's Daily Oil Export - Shell
[Daily Trust]
Lagos -
Oil theft in Nigeria may threaten daily export by as much as 140,000 barrels, Shell Petroleum Development Company of Nigeria Ltd has raised alarm.
Uganda: Tullow Sued Over Land Compensation
[Monitor]
A group of residents of Buliisa have dragged Tullow Oil to court, accusing it of failing to compensate them for property they lost during oil exploration activities.
Uganda: Kadaga Warns Govt On Oil Deals
[Monitor]
Speaker Rebecca Kadaga yesterday put Third Deputy Premier Moses Ali and Acting Government Chief Whip Daudi Migereko on the spot over the government's failure to table oil sector laws as demanded by Parliament four months ago.
Tanzania: Plans Underway to Cut Down Gas Prices
[Daily News]
Arusha -
THE government plans to subsidize domestic Liquefied Petroleum Gas (LPG) prices in order to make the commodity affordable to the majority.
Ethiopia: Dalol Poised to Enter Local Fuel Market With a Station Up in Sululta, Three Others
[Addis Fortune]
New Dalol Gas Station up in Sululta town, 40Km west of the capital, ready for pumping fuel to motorists in two weeks.
Nigeria: Beyond Subsidy - Moral Crisis Hindering Economic Progress
[The Moment]
THIS week has been spent in a bit more anger than my tolerance management typically allows.
Nigeria: Oil Sector Reforms Will Deplete FDI in Capital Market - Report
[Vanguard]
The ongoing reforms in the nation's petroleum sector and the uncertainty in the global financial landscape will adversely affect the Nigerian capital market, as the over 70 per cent foreign involvement in the market through Foreign Direct Investment, FDI, will be diverted to the energy and power sectors, according to a report by Resources and Trust Company, RTC, Limited.
Nigeria: Shell Boss Raises Alarm Over Oil Theft
[Vanguard]
Port Harcourt -
SHELL has said Nigeria would lose about N800 billion to oil theft this year if the alleged on-going illegal refining and bunkering at the Nembe Creek Trunk line was not stopped by the Federal Government immediately.
Kenya: Oil Refinery Status Upgrade to Cost U.S. $40 Million
[East African]
Kenya's Mombasa-based oil refinery requires $40 million to become a merchant plant importing its own crude for processing with products being sold at a profit.