LAGOS, July 15 – Dangote Petroleum Refinery has replaced its naira-denominated pricing model for petroleum products with a dollar-linked pricing framework, marking …
Energy
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NAIROBI, July 14 – The Kenyan government has extended its reduced Value Added Tax (VAT) on petroleum products for an additional three …
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ABUJA, July 14 – Dangote Petroleum Refinery has begun selling petrol, diesel and aviation fuel in U.S. dollars, ending the naira pricing …
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JOHANNESBERG, July 14 – South Africa has proposed making strategic fuel reserves compulsory for both the government and private sector as it …
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Energy
South Africa Proposes Mandatory Fuel Stockpiles to Boost Energy Security Amid Global Supply Risks
JOHANNESBURG, July 13 – South Africa is proposing a major overhaul of its strategic fuel reserve policy that would require both the …
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LAGOS, July 13 – Nigeria’s crude oil production rose to an average of 1.56 million barrels per day (bpd) in June 2026, …
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Energy
Tanzania’s Richest Man Plans $100 Million Investment in Dangote’s $17 Billion Kenya Oil Refinery
NAIROBI, July 10 – Tanzanian businessman Mohammed Dewji is seeking to invest $100 million in Aliko Dangote’s proposed $17 billion oil refinery …
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ABUJA, July 9 – ExxonMobil and its partners have committed $1 billion to the Usan Infill Project offshore Nigeria, a development expected …
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DAKAR, July 8 – South Sudan has agreed to ease restrictions on advance payments for its crude oil after commodities trader BB …
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ABUJA, July 8 – Renaissance Energy has announced an offshore oil discovery in Nigeria after drilling an exploration well on Oil Mining …