South Africa: Cosatu Welcomes the Fall in Petrol Prices but Urges Government to Do More to Cushion the Economy
[COSATU] The Congress of South African Trade Unions (COSATU) welcomes the continuous fall in petrol prices bringing relief to millions of workers, commuters and the economy. We urge government led by the African National Congress to accelerate its efforts to maintain this progress and to further cushion a still fragile economy.
Nigeria: Oil Sector Overdue for Total Overhaul, Expert Tells Tinubu
[Leadership] Efforts by President Bola Tinubu to maximise the benefits of the oil industry for Nigeria's economic growth will remain a mirage until competent managers are appointed to drive the president's vision.
Tanzania: Relief for Motorists As Fuel Prices Drop in Tanzania
[Daily News] Retail prices for petrol and diesel in Tanzania have dropped for October 2024, following a decline in global market prices.
Nigeria: Nigeria Imported 20.30 Billion Litres of Petrol in 2023 – NBS
[Premium Times] The NBS said this shows a decrease of 13.77 per cent from 23.54 billion litres imported in 2022.
Ghana: Western Regional Chiefs Applaud Petroleum Commission
[Ghanaian Times] The Western Regional House of Chiefs has expressed its disappointment about the behaviour of some operators on Ghana's oil fields for failing to deal with chiefs in the region.
Nigeria: NNPCL Delivers 48.6m Barrels of Crude to Dangote Refinery
[Vanguard] ...as petrol import falls 12% to 20.29bn litres
Nigeria: Uncertainty Over Naira-for-Crude Policy As Federal Govt Fails to Release Guideline
[Leadership] There is widespread uncertainty over the take-off of the Naira-for-Crude Policy, which was scheduled to begin yesterday, October 1, 2024.
Nigeria: Shell Appoints New MD for Deep-Water Subsidiary
[Daily Trust] Shell has appointed Ronald Adams, as the new Managing Director for its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited (SNEPCo.)
Nigeria: The Mathematics of Petrol Subsidy and Pricing in the Nigerian Context
[This Day] Abuja -- Day-B
Nigeria: FG’s Earning From Crude Oil Sales Drops By 79 Percent in 2023
[Daily Trust] The money the federal government earned from the sale of crude oil dropped by 79 per cent in 2023, from $11.199bn it made in 2022 to $2.329bn, the Nigeria Extractive Industries Transparency Initiative's (NEITI) 2022 and 2023 Independent Oil and Gas Industry Report has shown.