Entries by AllAfrica News: Petroleum

Nigeria: Rising Oil Prices – Govt Rules Out Return of Fuel Subsidy /in /by

[Daily Trust] The Federal Government has ruled out any return of petrol subsidy in Nigeria, despite the recent surge in global oil prices driven by escalating tensions in the Middle East.

Mozambique: Fuel Prices Likely to Rise, Warns Chapo /in /by

[AIM] Maputo -- Mozambican President Daniel Chapo on Tuesday warned that, if the war between the United States and Iran continues, then fuel prices in Mozambique are likely to rise, and with them the overall cost of living.

Kenya: Govt Plans VAT Cut to 8% to Ease Fuel Prices /in /by

[Capital FM] Nairobi -- President William Ruto has announced plans to further reduce Value Added Tax (VAT) on petroleum products to cushion Kenyans from rising fuel costs.

Kenya: Nyoro Proposes Sh27 Fuel Price Cut Through Tax Rollback and Subsidy Boost /in /by

[Capital FM] Nairobi -- Kiharu MP Ndindi Nyoro has proposed a raft of fiscal measures -- including a Sh5 billion subsidy top-up, a five-percentage-point VAT cut and the removal of a Sh7-per-litre fuel levy -- in a bid to lower pump prices by up to Sh27...

Nigeria: Dangote Refinery Drives Historic Shift As Nigeria Becomes Net Petrol Exporter /in /by

[Vanguard] Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria's energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026--an achievement that has positioned the country as a net export...

West Africa: Nigeria Misses OPEC Quota, Produces 1.38m Bpd in March /in /by

[Vanguard] The Organization of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria's crude oil output, excluding condensate, rose to 1.38 million barrels per day (bpd) in March 2026, up from 1.31 million bpd recorded in February.

Africa: US-Iran Tensions – Crude Oil Rebounds Above $100 Per Barrel /in /by

[Vanguard] The price of crude oil has risen to over $100 per barrel from $90 in the global market, following the collapse of talks between the United States and Iran over the weekend.

Kenya: Pressure Mounts On Ruto To Address Rising Costs /in /by

[Capital FM] Nairobi -- The United Alternative Government opposition formation has called on President William Ruto to convene a special sitting of Parliament within seven days to address what it describes as a deepening fuel crisis, as pump prices hit...

Kenya: Kenya Monitoring Global Oil Prices to Shield Citizens From External Shocks – President Ruto /in /by

[Capital FM] Nairobi -- President William Ruto has defended the government's fuel pricing strategy, saying recent interventions are designed to shield Kenyans from rising living costs.

Kenya: Pressure Mounts On CS Wandayi As Activists Call for Probe Into Fuel Pricing Irregularities /in /by

[Capital FM] Nairobi -- Pressure is mounting on Energy Cabinet Secretary Opiyo Wandayi to step aside following fresh demands by civil society over the ongoing fuel price crisis and alleged irregularities in the energy sector.