Nigeria: Dozens Killed in Tanker Explosion
[Premium Times] Most of the victims were killed in an explosion after they surrounded the accident scene, the police said.
Nigeria: Shell’s $1.3bn Oil Assets’ Sale Not in ‘Waiting Room’ As Govt Rejects Renaissance’s Bid
[This Day] Contrary to a report that the plan by Shell to sell its onshore oil assets to Renaissance Consortium was in the 'waiting room', THISDAY has learnt that the proposed $1.3 billion deal has been roundly rejected by the federal government.
Kenya: Uganda, Kenya Strengthen Ties On Petroleum Importation
[Nile Post] This meeting follows the successful start of direct petroleum products imports by Uganda National Oil Company (UNOC) through Kenya's ports in Mombasa.
Nigeria: Nigeria’s Oil Exploration Drops 6.7% Due to Limited Investment – Report
[Vanguard] THERE were indications, yesterday, that oil exploration dropped year-on-year, YoY, by 6.7 per cent in September 2024, due to limited investment in the upstream sector of the Nigeria's petroleum industry.
Nigeria: Interest Rate Hike in September Done in Anticipation of Fuel Price Increase – Cardoso
[Premium Times] Mr Cardoso explained that CBN anticipated the price increase and used the interest rate hike to cushion its inflationary impact.
Nigeria: Lokpobiri – Majority of Nigeria’s Oil Pipelines Obsolete, Won’t Deliver Fuels to Destinations
[This Day] ·Seeks FRSC's partnership to curb tanker accidents
Liberia: Liberia Holds National Oil-Spill Preparedness Workshop
[New Dawn] Monrovia -- The Liberia Maritime Authority (LiMA), in collaboration with the National Port Authority (NPA), kicked off a five-day workshop on Monday to boost Liberia's oil-spill response preparedness. The workshop, which will take place from October 14 to 18 at A'la Lagune in Monrovia, aims to strengthen Liberia's collaboration with international partners to mitigate environmental risks and enhance national capacity for spill prevention and response.
South Africa: SARS to Engage Fuel Industry On Shortage of Jet Fuel
[SAnews.gov.za] The South African Revenue Service (SARS) says it will engage with the fuel industry to avert the shortage of jet fuel, known as kerosene.
Nigeria: Use Oil Wealth for Nigerians’ Welfare – World Bank to Govt
[Leadership] The World Bank Group has urged the Nigerian government to redirect its oil wealth to benefit all citizens, not just the elite.
Nigeria: Petrol Price Hike Inflicting Pains On Nigerians, Not Fair, Obi Tells Tinubu
[This Day] Abuja -- The presidential candidate of the Labour Party (LP) in the 2023 general election, Mr. Peter Obi, has stated that the hike in the price of petrol has inflicted pains on Nigerians, stressing that it was "draconian" of President Bola Tinubu to allow an increase in the price of the all-important product, from the comfort of his annual vacation in the United Kingdom.