Entries by AllAfrica News: Petroleum

Liberia: Govt Allays Fear – Says No Increase in Petroleum Prices Despite Middle East Conflict /in /by

[FrontPageAfrica] Monrovia -- The Ministry of Commerce and Industry, in consultation with the Liberia Petroleum Refining Company (LPRC), has issued its March 3, 2026, price circular, maintaining existing ceilings for petroleum products in both the whol...

Rwanda: Economists Warn of Oil Shock, Urge Spending Cuts /in /by

[New Times] Rwandans should start cutting non-essential spending and prepare for higher prices if Iran shuts the Strait of Hormuz, economists have warned.

Malawi: Middle East War Threatens Malawi’s Fuel, Fertiliser and Food Prices /in /by

[Nyasa Times] The ongoing war in the Middle East could soon be felt in the pockets of ordinary Malawians, with energy and economic experts warning that the country will not escape the shockwaves of rising oil and fertiliser prices.

Africa: Oil Prices Jump 9 Per Cent Amid Us/Israel War On Iran /in /by

[Premium Times] On Monday morning, Brent crude climbed 9 per cent to $79.41 per barrel from $72.87 on Friday -- a seven-month high -- based on figures from FactSet.

Liberia: LPRC Management Awards $5,000 to Basketball Team for Winning LBA First Division Title /in /by

[Liberian Investigator] - The Management of Liberia Petroleum Refining Company (LPRC ) has awarded $5,000 to the Oilers Basketball Team for winning the 2025 Liberia Basketball Association (LBA) First Division championship.

Nigeria: Oil&gas – Nigeria Tightens Local Content Rules, Rejects 186 Expatriate Slots /in /by

[Daily Trust] The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) has stated that it approved 1,417 of the 1,603 expatriate quota applications it processed recently.

Nigeria: Fuel Price May Rise As Middle East Tensions Escalate /in /by

[Daily Trust] Rising tensions in the Middle East, triggered by ongoing US and Israeli attacks on Iran, may push fuel prices higher in Nigeria, as crude oil prices reached $72.87 per barrel on Sunday.

South Africa: Fuel Prices to Rise From Wednesday /in /by

[SAnews.gov.za] The Department of Mineral and Petroleum Resources (DMPR) has announced an increase of between 20c and 65c for all forms of fuels from Wednesday.

Nigeria: Nigeria Signs $1.3b Deal With AFC for Alumina Refinery /in /by

[Daba Finance] Nigeria has signed a $1.3 billion agreement with the Africa Finance Corporation to build an alumina refinery that will process bauxite locally and expand the country's role in the aluminum value chain.

Nigeria: Dangote’s Partner Station MRS, NNPC Raise Petrol Price By N100/Litre /in /by

[Vanguard] Less than 24 hours after Dangote Petroleum Refinery & Petrochemicals raised the gantry price of Premium Motor Spirit (PMS), also known as petrol, by N100 per litre, its partner retail outlet, MRS Oil Nigeria Plc, and NNPC Limited ha...