Nigeria: Fuel Subsidy – CISLAC, Queries $800m World Bank Loan
[Leadership] The Civil Society Legislative Advocacy Centre, (CISLAC,) has queried the federal government over the World Bank's $800 million loan to the country, saying Nigeria don't need to borrow but cut waste.
Mozambique: Is Mozambique Ready to Restart Its LNG Projects?
[DW] Mozambique's president says the security situation in jihadist-plagued Cabo Delgado has returned to normal and that energy giant TotalEnergies can restart its lucrative gas projects. But many locals are skeptical.
Nigeria: Nigeria’s Fuel Subsidy – It’s Time to Kill It and Spend the Money in Ways That Benefit the Poor
[The Conversation Africa] Nigerians are being hit from all sides by a combination of factors that are making their lives increasingly difficult. These include rising cost of living which is reflected in double-digit inflation, stagnant wages, non-payment or the late payment of salaries, a cash crunch and fuel scarcity.
Nigeria: Mele Kyari and the Repositioning of Nigeria’s Oil Behemoth
[Premium Times] When Mele Kyari assumed duty as the Group Managing Director of the now defunct Nigerian National Petroleum Corporation (NNPC) on 7 July, 2019, it was at a critical period not only in the life of the corporation but for entire Nigerian oil and gas sector as well as the national economy.
Ghana: Fuel Prices May Remain Unchanged Due to Cedi Depreciation – IES
[Ghanaian Times] Prices of petroleum products may stay same for the next two weeks despite reduction in the prices of finished products on the world market.
Nigeria: How Oil Ministry Came Under the Presidency
[Premium Times] Of all appointments to be made by the President Elect, Asiwaju Bola Ahmed Tinubu, none will define his presidency, then the appointment of Minister of Petroleum. There are Ministers and there are Ministers but the Minster of Petroleum in this country is in a class of his own.
Kenya: Kenya Pipeline to Build a Sh17.7 Billion LPG Storage Plant in Mombasa
[Capital FM] Nairobi -- The Kenya Pipeline Company is set to build a Sh17.7 billion liquefied petroleum gas (LPG) storage and handling facility at Changamwe in Mombasa County.
Nigeria: Nigeria’s Average Crude Oil Production Climbs 15% in 2023
[This Day] Abuja -- Despite its perennial underproduction in the last two years, Nigeria has been able to ramp up its crude oil output compared to its budget benchmark from an average of about 60 per cent to 75 per cent between H2, 2022 and Q1, 2023, data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed.
Nigeria: Port Harcourt Refinery May Delay Commencement of Operation Till September – Report
[This Day] Abuja -- The first phase of a project to rehabilitate Nigeria's 210,000 barrels per day Port Harcourt refinery, which had been slated for completion in April this year, may not be finished for another four months at least, refinery and oil ministry sources have told Argus Media.
Mozambique: U.S. Oil Firm Wants Stability Assurances to Resume Operations
[VOA] Maputo -- The general director of Exxon Mobil Mozambique says his company needs long-term stability in Cabo Delgado province before it can think of restarting a $30 billion liquefied natural gas project in northern Mozambique.