Entries by Observer

Liberia: U.S.$17m Expected From New Petroleum Levy /in /by

[Liberian Observer] The Government of Liberia is expected to raise an estimated US$17 million annually through new petroleum levies, following a presidential directive to the Liberia Petroleum Refining Company (LPRC) to adjust the petroleum pricing str...

Liberia: Senate Applauds Executive On New Petroleum Pricing Adjustments /in /by

[Liberian Observer] The Liberian Senate has commended the Executive, through the Liberia Petroleum Refining Company (LPRC), for implementing recent adjustments to petroleum pricing, affirming the government's commitment to transparency, fairness, and s...

Liberia: ‘Smuggling’ of ‘Political Goods’ to Guinea Persists Amid Price Hikes in Liberia /in /by

[Liberian Observer] The "smuggling" of cement, rice, and petroleum products--classified by the government as "political goods"--continues to escalate across Liberia's borders, raising concerns about commodity shortages and soaring prices in local markets.

Liberia: LPRC to Receive First Petrol Shipment in 4 Decades /in /by

[Liberian Observer] In a landmark development for Liberia's petroleum sector, the Managing Director of the Liberia Petroleum Refining Company (LPRC), Mr. Amos Tweh, has announced that the country is set to receive its first direct shipment of petroleum...

Liberia: Nocal VP Defends Oil Blocks Acquisition /in /by

[Liberian Observer] National Oil Company of Liberia (NOCAL) has pushed back against criticism surrounding the recent executive allocation of oil blocks by President Joseph Boakai, following a media report quoting an anonymous oil sector expert who labe...

Liberia: Boakai Grants Ownership of Strategic Oil Blocks to Nocal /in /by

[Liberian Observer] In a landmark decision to strengthen Liberia's energy independence and economic prosperity, President Joseph Nyuma Boakai, Sr. has allocated four offshore oil blocks to the National Oil Company of Liberia (NOCAL) with full 100% owne...

Liberia: Govt Raises Fuel Prices /in /by

[Liberian Observer] The Liberia Petroleum Refining Company (LPRC), in collaboration with the Ministry of Commerce and Industry (MOCI), has announced a fresh upward adjustment in the ceiling prices for gasoline and diesel fuel on the Liberian market, ef...

Liberia: LPRC Triumphs in $941k Petroleum Theft Case /in /by

[Liberian Observer] In a historic victory for transparency and corporate accountability, the Liberia Petroleum Refining Company (LPRC) has announced the successful conviction of nine former employees found guilty of economic sabotage related to the the...

Liberia: Nocal Seeks Investments in Oil Sector /in /by

[Liberian Observer] In a determined stride toward unlocking Liberia's oil and gas potential, the leadership of the National Oil Company of Liberia (NOCAL) over the weekend concluded a high-level engagement with top Nigerian business leaders and energy ...

Liberia: ‘How Can LPRC Set Petroleum Prices As an Importer?’ /in /by

[Liberian Observer] The President Pro Tempore Emeritus of the Liberian Senate, Senator Albert T. Chie, has proposed a national discourse with the aim of unbundling the activities of the Liberia Petroleum Refinery Company (LPRC), which controls the down...