Entries by AllAfrica News: Petroleum

Tanzania: Govt Moves to Address Fuel Prices /in /by

[Daily News] Dodoma -- THE government has stepped in to address rising fuel prices, with Prime Minister Mwigulu Nchemba saying authorities will convene a meeting to ensure the commodity remains affordable and does not escalate the cost of living.

Cote d’Ivoire: TotalEnergies Ci Net Profit Falls 3 Percent to 9.09b Xof in 2025 /in /by

[Daba Finance] TotalEnergies Marketing Côte d'Ivoire (TTLC), the BRVM-listed fuel retailer and unit of TotalEnergies, posted a net profit of 9.09 billion XOF ($15.9 million) for the year ended December 31, 2025, a 3% drop from 9.37 billion XOF ($1...

Africa: Afreximbank – $2.5bn underwriting for Dangote refinery loan /in /by

[Afreximbank] Dr. George Elombi, President and Chairman of the Board of Directors, Afreximbank, and Mr. Aliko Dangote, President/Chief Executive, Dangote Industries Limited, joined by Afreximbank Board members and the Bank's executive leadership during...

Nigeria: Implications of the US-Israel-Iran Conflict and Strait of Hormuz Disruption for Inflation in Nigeria /in /by

[Daily Trust] This brief presents an analysis of the potential macroeconomic implications of the US-Israel-Iran conflict on Nigeria. The results of the exposure of Nigeria to the conflict from counterfactual simulations suggest that Nigeria is highly v...

Africa: Iran War Drives Fuel Shock Across Africa As Govts Scramble to Respond /in /by

[Daba Finance] The war involving Iran is pushing fuel prices higher across Africa, forcing governments to take emergency measures as supply tightens and costs rise, according to a Bloomberg report.

Nigeria: CSOs, Rivers Community Urge Solution to Persistent Underwater Gas Eruption /in /by

[Premium Times] The News Agency of Nigeria recalls that the Nigerian Upstream Petroleum Regulatory Commission had, in a statement issued on 20 March by its Chief Executive, Oritsemeyiwa Eyesan, said it had commenced an investigation into a gas bubbling...

South Africa: Petrol, Diesel Prices Announced /in /by

[SAnews.gov.za] The Department of Petroleum and Mineral Resources (DMPR) has announced that petrol and diesel prices will increase by between R3.06 and R7.51 from midnight.

South Africa: R3 Fuel Levy Relief to Cushion South Africans – Godongwana /in /by

[SAnews.gov.za] Finance Minister Enoch Godongwana says government's decision to introduce a temporary R3 per litre fuel levy reduction is aimed at cushioning South Africans from what he describes as a significant economic shock driven by global oil pri...

Nigeria: Protest Rocks NASS Over Calls Decentralisation of Pipeline Surveillance Contract /in /by

[Leadership] Protesters under the aegis of Concerned Niger Delta Stakeholders on Tuesday stormed the National Assembly, opposing calls to decentralise the pipeline surveillance contract currently handled by Tantita Security Services Nigeria Limited.

Uganda: As Petrol Shoots Past Sh5,300, Energy Officials Say Uganda Has Fuel Reserves to Run to May /in /by

[Independent (Kampala)] Kampala, Uganda -- Uganda has sufficient fuel reserves to last into late May, the government has announced, dismissing widespread social media claims of an impending shortage.