Entries by AllAfrica News: Petroleum

South Africa: South Africa Inflation Hits 20-Month High On Fuel Costs

[Daba Finance] South Africa's inflation rate rose to the highest level in 20 months in April, driven by higher fuel prices linked to the Iran war and its effect on global energy markets. Consumer prices increased 4.0% from a year earlier, compared with...

Ghana: Of 5,000 Hectares and 5,000 Acres – The ‘Small Matter’ of the Land Size for the Petroleum Hub Project

[Ghanaian Times] There is an unfortunate phenomenon whereby every major national project, at its formative stage, encounters a wave of challenges.

Mozambique: More Detailed Explanation of Gas Revenue Calculation

[Mozambique News Reports And Clippings] Rui Mate analysed only Coral Sul because it is the only Cabo Delgado gas project in operation and thus the only one with published data to check his projections for the first three years - and his projections agr...

Mozambique: Gas Bonanza is a Myth, Detailed CIP Study Shows

[Mozambique News Reports And Clippings] Gas will generate billions of dollars in state revenue, but much less than predicted and not for a decade. Other investments in agriculture and mineral processing would generate more money - and more development ...

Nigeria: Oil Firm Repositions to Drive Downstream Investments Amid Fiscal Reforms

[Leadership] As Nigeria's downstream oil industry undergoes a historic transformation driven by the implementation of the Petroleum Industry Act (PIA) and deregulation, operating indigenous companies are increasingly identifying new investment opportun...

Nigeria: Dangote Refinery Cuts Aviation Fuel Price to N1,650

[Premium Times] The latest reduction in Jet A1 price comes amid sustained pressure on Nigerian airlines grappling with high operating costs, flight disruptions and passenger complaints linked to rising aviation fuel prices.

Kenya: Gachagua Dismisses Hormuz Narrative As ‘Hot Air’ Amid Fuel Price Debate

[Capital FM] Nairobi -- Former Deputy President Rigathi Gachagua has dismissed government claims linking rising fuel prices in Kenya to tensions around the Strait of Hormuz, arguing that the country's fuel imports are sourced directly from Gulf supplie...

Kenya: DP Kindiki Hails Psv Operators for Suspending Strike, Promises More Measures to Ease Fuel Costs

[Capital FM] Nairobi -- Deputy President Kithure Kindiki has hailed public transport operators for suspending the nationwide fuel strike, describing the move as a patriotic act that prioritises the country's stability and the welfare of Kenyans.

Uganda: Bunyoro MPs Pledge to Push University, Oil Jobs and Commercial Agriculture

[Nile Post] Members of Parliament from the Bunyoro region who were sworn in this week have outlined their priorities for the new term, with a focus on operationalising Bunyoro University, creating more job opportunities for locals in the oil and gas se...

Kenya: Sakaja Seeks Loan Amnesty for Matatu Operators As Government Suspends Fuel Strike for a Week

[Capital FM] Nairobi -- The government and transport sector stakeholders have agreed to suspend the nationwide fuel strike for one week following high-level negotiations aimed at easing tensions over soaring diesel prices that had paralysed public tran...