Nigeria: Current Petrol Prices Not Cost-Reflective, Lokpobiri Insists/in /by
[Leadership] ...urges marketers to immediately reduce prices
Uganda: Four Ugandan Farmers Sue to Halt Pipeline Before First Oil – EACOP/in /by
[Independent (Kampala)] Kampala, Uganda -- Four Ugandans have filed a landmark lawsuit in the UK High Court seeking to stop the East African Crude Oil Pipeline (EACOP) from becoming operational.
Nigeria: NNPC Remits N19.5tn to Federation Account in 14 Months/in /by
[Vanguard] The Group Chief Executive Officer of NNPC Limited, Engr. Bayo Ojulari, has disclosed that the company remitted N19.5 trillion to the Federation Account between April 2025 and June 2026.
Kenya: Dangote Picks Lamu for Sh2.2tn Oil Refinery Project/in /by
[Capital FM] Nairobi -- Africa's richest man, Aliko Dangote, has selected Kenya's Lamu County as the preferred location for a proposed Sh2.2 trillion oil refinery, a project that could significantly reshape East Africa's petroleum industry.
Nigeria: Dangote to Finance 700,000bpd Kenya Refinery With IPO, Bonds/in /by
[Leadership] Dangote Group, has unveiled plans to finance the construction of a proposed 700,000 barrels-per-day (bpd) oil refinery in Kenya through a combination of internally generated cash, bond issuance and proceeds from a planned Initial Public Offering (IPO), as it deepens its footprint in Africa's downstream oil sector.
Nigeria: ARCO Oil & Gas Boss Urges Nigeria to Abandon Oil Dependence for Knowledge Economy/in /by
[This Day] Founder of ARCO Group Plc, Alfred Okoigun, has called on Nigeria to urgently shift its development strategy from dependence on oil and other natural resources to a knowledge-driven economy.
Rwanda: Rwanda Set for Howo Truck Assembly As Sinotruk Unveils Electric Vehicle Plans/in /by
[New Times] Asia Machinery Investments Ltd, the official distributor and future assembler of Sinotruk (HOWO) vehicles in Rwanda, has unveiled a new generation of HOWO trucks while announcing plans to establish a local truck assembly plant and introduce electric trucks.
Rwanda: New Petroleum Deals ‘Advance Rwanda’s Ambitions As Regional Hub’/in /by
[New Times] Rwanda is expected to receive its first shipment of petroleum products sourced from Oman under new government-to-government supply agreements with Kenya and Tanzania in early August, a development the Minister of Trade and Industry, Antoine-Marie Kajangwe, says will strengthen the country's fuel security and support its ambition to become a regional petroleum distribution hub.
Uganda: East African Crude Oil Pipeline Now Beyond 90% Completion/in /by
[Independent (Kampala)] The project, however, remains the subject of criticism from environmental organisations, which have raised concerns about its ecological and climate impacts
Nigeria: When Will Falling Crude Deliver Cheaper Petrol?/in /by
[This Day] Crude prices have fallen. So why is petrol still expensive? Consumers demand relief, while marketers insist on sustainable margins, reports Festus Akanbi