Entries by AllAfrica News: Petroleum

Nigeria: Aviation Fuel Crisis – NMDPRA Sets Jet A1 Prices At N1,988 in Lagos, N2,037 in Abuja

[Leadership] In a bid to stabilise supply and curb rising costs in the aviation sector, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has pegged aviation fuel, also known as Jet A1, at a maximum of N2,037 per litre in Ab...

Nigeria: Govt Moves to Stabilise Jet Fuel Prices As Keyamo, NMDPRA Step in

[This Day] The federal government moved yesterday stabilise the prices of Jet fuel to save airlines operating in the aviation sector. But this has triggered concerns within Nigeria's aviation and downstream petroleum sectors raising fears that the move...

Nigeria: Amid Decrepit Refineries, NNPC Denies Sale of Scrap, Equipment

[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) has denied claims that it is selling scrap materials, equipment, or components from its refineries, describing such reports as false and misleading.

Nigeria: Fuel Crisis Deepens As Ibom Air Warns of Soaring Costs, Possible Flight Cuts

[Premium Times] The airline says surging aviation fuel prices are forcing operators to absorb heavy losses, raising concerns over sustainability and service disruptions.

South Africa: Extend the Fuel Levy Relief – Fund It Using Surpluses From Dodgy SOEs

[DA] The DA will press the Finance Minister to make the logical decision to continue fuel levy relief for at least one more month using government and parliamentary processes.

Uganda: Unoc’s Otoa Says Govt Prepared to Cushion Supply As Fuel Crisis Bites

[Nile Post] Uganda National Oil Company (UNOC) Chief Corporate Affairs official Otoa has said that Uganda is well prepared to manage the current fuel situation despite rising pump prices and reports of shortages in parts of the country.

Rwanda: Park-and-Ride – A Smart Response to Rising Fuel Costs and a Greener Kigali

[New Times] The roll out of park-and-ride facilities, with Gahanga now added to the network, is a timely and commendable intervention. At a moment when fuel prices continue to strain household budgets and business operations, this initiative offers a p...

Rwanda: What Drivers Should Know Before Choosing Electric or Fuel

[New Times] Users of electric vehicles (EVs) are reporting lower operating costs compared to those using fuel-powered cars, as Rwanda grapples with rising fuel prices.

Ghana: Ghana’s Fuel Payment Strategy Works for Now – How to Fix Longer Term Problems

[The Conversation Africa] Ghana introduced a new payment arrangement for petroleum imports in 2023, using gold instead of scarce US dollars. The policy was designed to ease pressure on the cedi by reducing the need for upfront dollar purchases to settl...