Nigeria: Fresh Fuel Price Hike Looms As Landing Cost Rises By 37.4%
[Vanguard] There are strong indications that pump price of petrol is expected to record another round of increases, the third within 10 weeks as oil marketers hint that the landing cost of petrol has risen month-on-month, MoM, by 37.4 per cent to N632.17 per litre in July 2023, from N460 per litre in June 2023.
Sudan: Sudan MSC Overrules Proposed Fuel Price Increase
[Dabanga] Khartoum -- A member of Sudan's Sovereignty Council (MSC), Lt Gen Shamseldin Kabbashi, has overruled a decision by the acting Minister of Energy to increase fuel prices in the war-torn country, asserting that proper approval procedures were not followed.
Nigeria: Nigeria’s Oil Output Slumps to 3-Month Low On Forcados Leak, Crude Theft
[This Day] There appears to be no relief for Nigeria's struggling oil and gas industry as the country's crude production shrank to a three-month low of 1.081 million barrels per day in July, on the back of persisting crude oil theft and a leak at the Forcados terminal in the Niger Delta.
Nigeria: Oil Theft – ‘Why FG Should Not Release Arrested Vessel’
[Daily Trust] President Bola Ahmed Tinubu led-federal government should not release an oil vessel arrested on suspicion of oil theft, a private pipeline security contractor early this month, Mayor Eshanakpe Israel, has said.
Nigeria: In Lokoja, Traders, Students Lament As Fuel Subsidy Removal Bites Harder
[Premium Times] The removal of subsidy on petrol has hit ordinary Nigerians harder than the government envisioned. Nigerians living in Lokoja, Kogi State recounts their experience.
Nigeria: NSCDC Destroys 100 Illegal Refineries, Steps Up Vigilance
[Leadership] As part of its mandate to protect critical national infrastructure, the Nigeria Security and Civil Defence Corps (NSCDC) said it has uncovered and destroyed over 100 illegal refineries within the last two years.
Nigeria: NSCDC Destroys 100 Illegal Refineries, Steps Up Vigilance
[Leadership] As part of its mandate to protect critical national infrastructure, the Nigeria Security and Civil Defence Corps (NSCDC) said it has uncovered and destroyed over 100 illegal refineries within the last two years.
Mozambique: Price of Petrol Rises and Diesel Falls
[AIM] Mozambique's Energy Regulatory Authority (ARENE) on 27 July announced a slight increase in the price of petrol, but the price of diesel, kerosene, and LPG cooking gas all fell.
Nigeria: Nigeria, Others’ Output Disruptions Drag OPEC+ Crude Production to 2-Year Low
[Leadership] Crude oil production by the Organization of Petroleum Exporting Countries (OPEC) and its allies have hit a two-year low on the back of the latest cut by the Kingdom of Saudi Arabia, a Platts survey by S&P Global Commodity Insights has shown.
Nigeria: Video of Ruptured Pipeline Incident Old, Nigeria’s State Oil Firm Debunks Location
[Africa Check] IN SHORT: A ruptured pipeline did occur in Lagos state, but not in 2023, and videos circulating online date back to 2020.