Nigeria: Fashola – Lagos Deliberately Discounted Price of Land to Attract Dangote Refinery Project/in /by
[This Day] A former Governor of Lagos State, Mr. Babatunde Fashola (SAN), has revealed that the state government deliberately discounted the price of land allocated to the Dangote Group to ensure that the multi-billion-dollar refinery project remained in Lagos.
Nigeria: Fire Breaks Out At Fuel Terminal in Lagos/in /by
[Premium Times] The incident occurred at the fuel terminal located along the Apapa-Oworonshoki Expressway, although authorities had yet to determine the cause of the fire as of the time of filing this report.
Namibia: National Energy Fund Nearly Drained After N$1.3bn Fuel Bailout/in /by
[Namibian] The National Energy Fund has nearly run dry after the government spent N$1.3 billion in two months to shield motorists from rising fuel prices.
Nigeria: Shell, Nine Banks Empower Nigerian Oil Service Firms With $3 Billion Contractor Support Fund/in /by
[This Day] Shell Nigeria Exploration and Production Company Ltd (SNEPCo) yesterday took a major step towards empowering Nigerian oil and gas contractors and furrher growing local content with the launch of a $3-billion Contract Finance Facility in partnership with nine major Nigerian banks.
Nigeria: Dangote Refinery Raises $750 Million in Debut Eurobond Ahead of Planned IPO/in /by
[This Day] The Dangote Petroleum Refinery has successfully raised $750 million through its debut Eurobond, marking another milestone in the group's efforts to diversify its funding sources and strengthen its balance sheet ahead of an anticipated public listing.
Kenya: Rwanda-Kenya Fuel Import Deal Comes At Right Time/in /by
[New Times] Rwanda's new government-to-government petroleum import agreement with Kenya may not attract the same attention as major infrastructure projects, but its significance should not be underestimated.
South Africa: Petrol Is Cheaper but Paraffin Just Got Even Cheaper/in /by
[Scrolla] Paraffin, burned by millions of poor households for cooking and light, dropped by R6.97 a litre from Wednesday, 1 July. Petrol fell by up to R2.01 a litre and diesel by up to R3.59, both effective from Wednesday, 1 July.
Nigeria: NNPC Profit Falls to ₦462 Billion Despite Higher Oil Production in May/in /by
[Premium Times] NNPC Limited reported a profit after tax of ₦462 billion in May 2026, down from April, despite recording its highest crude oil and condensate production in a year, improved gas output and stronger pipeline availability.
Liberia: Govt Approves 50,000-Metric-Ton Fuel Storage Facility/in /by
[New Dawn] Monrovia, July 2, 2026 - President Joseph Nyuma Boakai has approved a proposal by the Liberia Petroleum Refining Company (LPRC) to construct a 50,000-metric-ton petroleum storage facility, a move the government says will strengthen Liberia's fuel security and expand its strategic petroleum reserves.
Nigeria: Report Warns Oil Below $80 Per Barrel Puts Nigeria’s 2026 Budget At Risk, Projects N750/Litre Fuel Price/in /by
[This Day] Nigeria faces a direct fiscal alarm bell in the third quarter (Q3) of 2026 as crude oil price dips below $80 per barrel amid fragile global stability, with the Society of Energy Editors (SEE) warning that oil below $80 would be a stress test the country's economy cannot afford to misread.