Namibia: IPC MPs Slams N$20 Million Allocation to Non-Existent Upstream Petroleum Unit
[Namibian] Opposition members in parliament on Thursday criticised the N$20 million allocation to the upstream petroleum unit, arguing the unit does not yet exist under law and the funding is premature.
Nigeria: Nigerians Applaud Dangote Refinery’s Role in Easing Fuel Supply Pressure
[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
[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 and benefit from the $500 million World Bank-assisted HOPE Governance Programme.
Tanzania: Tanzania Orders PBPA to Control the Distribution of Fuel to Stabilise the Supply
[Daily News] Dar es Salaam -- THE Minister for Energy, Deogratius Ndejembi, has directed the Petroleum Bulk Procurement Agency (PBPA) to ensure the timely distribution of fuel to all major storage depots, in a decisive move to stabilise supply across the country.
Angola: Angola’s Oil Output Surpasses 28 Million Barrels in February
[ANGOP] Luanda -- Angola produced 28. 156 million barrels of oil in February, corresponding to an average daily output of 1,005,577 barrels. This is lower than the expected figure of 1,029,936 barrels, according to the National Agency of Petroleum, Gas and Biofuels (ANPG).
Angola: Angola’s Oil Sector Records US$99 Billion in Investments Over Eight Years
[ANGOP] Luanda -Angola's oil sector recorded accumulated investments of around 99 billion US dollars between 2017 and 2025, with a further 66 billion expected to be invested over the next four years.
WTO director-general says world order has changed irrevocably
Speaking at the opening of the 14th ministerial conference, Ngozi Okonjo-Iweala said countries must look to the future to consider how to reform the global trade system.
Algeria and Spain discuss increasing gas supplies to the European nation
The visit by Spain’s top diplomat to Algeria comes as the Iran conflict upends global energy markets.
Gulf council accuses Iran of charging ships to transit Strait of Hormuz
About 25 per cent of the world’s oil and liquefied natural gas usually passes through the waterway which is being blocked by Tehran.
South Africa: Gwede Mantashe Warns Against Panic Buying Amid Rising Fuel Supply Fears
[Daily Maverick] Gwede Mantashe says South Africa's fuel supply is secure despite panic buying and scattered diesel shortages, but reports from farmers, businesses and some filling stations suggest logistics snags, rationing and alleged stock withholding are squeezing operations and stoking inflation fears