The General Petroleum Company (GPC) in Egypt has announced a new oil discovery in Abu Sannan area of the country’s Western Desert. The announcement was made in line with the …
Tag:
Energy Security
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Business and EconomyEnergyEnvironmentInfrastructureMarketsOil & Gas
65% tank farms dormant due to fuel subsidy removal
The battle for dominance in Nigeria’s downstream oil sector has led to the closure of no fewer than 70 tank farms over the past two years, leaving many of these …
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DevelopmentEconomyEnergyPoliciesSecurity
CEDES Criticizes NNPCL’s Dollars-for-Crude Policy, Warns of Increased Fuel Import Dependency
The Centre for Energy Development and Economic Sustainability (CEDES) has expressed concerns over the Nigerian National Petroleum Company Limited’s (NNPCL) recent shift to a Dollars-for-Crude policy, describing it as a …