[Daily Maverick] A clearer picture of the Russian-linked Gazprombank Africa investment and funding for PetroSA's mothballed Mossel Bay refinery to ensure its self-sustainability would emerge in April, according to Mineral Resources and Energy Minister on Wednesday.
[Namibian] Organisation of Petroleum Exporting Countries (Opec) secretary general (SG) Haitham Al Ghais of Kuwait is expected to deliver an address at the Namibian International Energy Conference (NIEC) in Windhoek from 23-25 April, to share insight into global oil trends.
[Dabanga] West Kordofan -- Engineers in the oil fields of West Kordofan have confirmed "large-scale sabotage operations" in the Dafra field, near the Heglig oil field, situated on the border between Sudan and South Sudan two weeks ago.
[The Conversation Africa] Nigeria removed fuel subsidies entirely in May 2023. This came as a surprise because of the political risks associated with subsidy removal. Previous administrations were reluctant to jettison the subsidies.
[Daily Trust] If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded. Freight and passenger rail powered by diesel would halt. People would not get to work; children would not get to school. The shipping industry, transporting both freight and passengers, would be devastated.
[Premium Times] The Nigerian government has found one billion barrels of oil reserves and 500 billion cubic feet of gas within the Kolmani river area of Gombe and Bauchi State.
[New Era] NAMIBIA is falling behind in its readiness to enter a burgeoning oil and gas sector, according to Finance and Public Enterprises Minister, Iipumbu Shiimi, who says the country must adequately prepare to fully reap the benefits of a lucrative hydrocarbon industry.
[Leadership] The group chief executive officer of the Nigerian National Petroleum Company Ltd (NNPCL), Mele Kyari, has said that the Port Harcourt Refinery has received 450,000 barrels of crude for processing following the mechanical completion of the plant in December last year.
[Business Day Africa] Fuel prices have experienced a significant decrease in the latest review, shortly after President William Ruto hinted at a potential reduction in costs.
[Premium Times] Nigeria's crude oil production rose to 1.476 million barrels per day in February, from 1.429 million bpd recorded in January, an increase of 47,000 barrels, an OPEC survey, which cites secondary data sources, said.
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