Entries by AllAfrica News: Petroleum

Botswana: Botswana Oil Addresses Fuel Stock Concerns

[Botswana Daily News] Gaborone -- Botswana Oil Limited (BOL) acting Chief Executive Officer has assured the nation that stock levels will improve, as supply trucks continue to arrive daily despite the current fuel cover standing at just 12.2 days as of...

Ghana: NPA Urges Fuel Consumers to Demand Receipts

[Ghanaian Times] The Director of Consumer Services at the National Petroleum Authority, Mrs Eunice Budu-Nyarko, has urged motorists to remain extra vigilant when purchasing fuel, warning that simple mistakes at fuel stations and unsafe fuel handling pr...

Nigeria: Why the Battle Over Dangote Refinery Is Really About Nigeria’s Economic Future

[Premium Times] There are moments in the life of a nation when a business dispute stops being merely a business dispute. It becomes a reflection of the deeper economic model a country has inherited.

Kenya: Chaos Erupts in Nyeri, Thika and Nyahururu Over High Transport Fares

[Capital FM] Nairobi -- Chaos erupted in parts of Central Kenya, including Nyeri, Thika and Nyahururu, after residents took to the streets to protest against increased transport fares linked to rising fuel prices.

Nigeria: Otedola to Invest $100 Million in Dangote Petroleum Refinery Through Private Placement

[Premium Times] Mr Otedola noted that he is hoping to invest part of the proceeds of the divestment of his shareholding in Geregu Power, an electricity generation company he took public in October 2022, in the private placement.

West Africa: Nigeria Lags As Africa’s Rig Count Edges to 48

[Leadership] Africa's total rig count rose slightly to 48 in April 2026, but Nigeria did not join the upturn, with operational rigs falling to 12 from 17 in March, the Organization of the Petroleum Exporting Countries (OPEC) said in its May 2026 Monthl...

Nigeria: Investors Turn to Money Market Funds Ahead of Anticipated Dangote IPO – Analysts

[Leadership] The growing anticipation around the proposed Dangote Refinery IPO is reshaping investor behaviour across Nigeria's financial markets, with many retail and institutional investors reportedly setting aside liquidity ahead of the expected offer.

Nigeria: Balance Gas Exports, Local Use for Development, Ekpo Tells African Governments

[Leadership] Nigeria's minister of state Petroleum Resources (Gas) and President of the 2026 Ministerial Meeting of the Gas Exporting Countries Forum (GECF), Rt. Hon. Ekperikpe Ekpo, has called for a strategic approach to balancing natural gas exports ...

Uganda: Uganda’s Oil Will Create Opportunity, but Without Liquidity Many Will Watch It Pass

[Independent (Kampala)] For years, Uganda's oil story has been told in the future tense. We've navigated a decade of discoveries in the Albertine Graben, sat through marathon negotiations, and watched the rigs rise with a mix of patience and prayer. Bu...