Entries by Observer

Liberia: Communities Elated Over Reported Oil Discovery

[Liberian Observer] In November last year, excitement swept through Beon and neighboring towns in Grand Bassa County after residents discovered a thick, black substance floating on the river--a find many locally believe to be crude oil.

Liberia: World Bank, Liberia Assess Economic Stability Under Oil Pressure

[Liberian Observer] Finance Minister Augustine Kpehe Ngafuan and a high-level Liberian delegation have held strategic discussions with Ousmane Diagana and senior World Bank officials to assess economic stability under mounting oil price pressures linke...

Liberia: Petrol Products Prices Hiked

[Liberian Observer] Liberians are facing higher petroleum prices as the Government of Liberia has announced a new price ceiling for petroleum products, reflecting an upward revision in gasoline and diesel prices. The adjustment, which took effect on Ap...

Liberia: Liberian Oil Ambitions Gain Global Momentum

[Liberian Observer] The government's push to reposition Liberia as an emerging petroleum destination has received a significant boost, with the Liberia Petroleum Regulatory Authority (LPRA) securing high-level technical and institutional backing from t...

Liberia: Senate Passes Bill to Reform Petroleum Sector

[Liberian Observer] The Liberian Senate has passed a landmark bill aimed at reshaping the country's petroleum sector.

Liberia: ‘We Do Not Collect Govt Taxes’

[Liberian Observer] The Liberia Petroleum Refining Company (LPRC) has publicly rejected claims that it collects and mismanages government taxes on imported petroleum products, saying the allegations are false and reflect a misunderstanding of Liberia's...

Liberia: LPRC Faces Intense Legislative Scrutiny

[Liberian Observer] Liberia's downstream petroleum sector is once again at the center of legislative attention as Montserrado County Senator Abraham Darius Dillon has submitted a proposed Act seeking sweeping amendments to the legal framework governing...

Liberia: Boakai Credits LPRC Leadership for Fuel Price Stability

[Liberian Observer] President Joseph Nyuma Boakai, Sr. has highlighted the Liberia Petroleum Refining Company (LPRC) as a critical pillar in maintaining stability within Liberia's petroleum sector and easing the cost-of-living burden on ordinary citize...

Liberia: ‘I’m an Agriculturist, Not an Oil&gas Professional’

[Liberian Observer] Comments made by a member of the state-owned oil company, Liberia Petroleum Refinery Company (LPRC), have ignited a political debate over governance, qualifications and the influence of powerful political figures in appointments to ...

Liberia: Boakai Calls for Intensive, Transparent Overhaul of Petroleum Sector

[Liberian Observer] President Joseph Nyuma Boakai has called for an intensive, transparent, and results-driven intervention across Liberia's petroleum sector. On December 20, 2025, during the ceremony, Boakai stressed that effective governance of the i...