Entries by AllAfrica News: Petroleum

Nigeria: Ikeja High Court Adjourns Bail Hearing of Businessman in $1.5m Oil Fraud Case /in /by

[This Day] An Ikeja Special Offences Court has adjourned the bail application of businessman Joseph Ufoma, facing charges by the Economic and Financial Crimes Commission (EFCC) over a $1.5 million oil fraud, to today, March 31, following his absence in...

Uganda: Freight Forwarders Raise Alarm Over Rising Fuel Prices Amid Global Instability /in /by

[Nile Post] The Uganda Freight Forwarders Association has expressed growing concern over escalating fuel prices, warning that the trend could significantly disrupt operations, particularly the transportation of goods across the country.

Nigeria: Double Tragedy – Nigerians Ration Power, Hustle for Fuel As Petrol Price Hit N1,500 /in /by

[Vanguard] With the ongoing US-Israel-Iran conflict triggering a surge in crude oil prices above $100 per barrel from $60, amid disruptions to energy infrastructure and heightened risks to global supply routes, including the Strait of Hormuz, countries...

Nigeria: Mixed Reactions Over Proposed Unified Ministry for Power, Petroleum /in /by

[Daily Trust] Stakeholders in the nation's economy have expressed mixed reactions over the recent proposal by the Nigeria Labour Congress (NLC) to merge the Federal Ministry of Petroleum and the Federal Ministry of Power to create a single, unified Min...

Egypt: Egypt Imposes Energy-Saving Curbs As Hormuz Closure Hits Fuel Supply /in /by

[RFI] Egypt will impose emergency energy-saving measures this weekend as the closure of the Strait of Hormuz drives up fuel costs and raises fears of an energy crisis.

Congo-Kinshasa: Escalating Violence and Influx of Returnees in DR Congo Fuel Regional Instability /in /by

[IPS] United Nations -- In the month following the reopening of the Burundi-Democratic Republic of Congo (DRC) border, the humanitarian crisis in the DRC has deteriorated considerably, recently marked by an influx of Congolese refugees returning home, ...

Nigeria: Nigerians Applaud Dangote Refinery’s Role in Easing Fuel Supply Pressure /in /by

[This Day] Nigerians across the country are expressing their views over the role of the Dangote Refinery in stabilizing the supply of Premium Motor Spirit (PMS), even as debates over rising petrol prices persist.

Nigeria: Govt Moves to Sign Subsidiary Loan Agreement With States On $500m World Bank-Assisted Hope Governance Programme /in /by

[This Day] Abuja -- The Federal Ministry of Budget and Economic Planning has commenced close collaboratiion with the Federal Ministry of Finance to ensure the 36 states of the federation sign the Subsidiary Loan Agreement to enable them participate in ...