Posts

Nigeria: At 96.80 Percent Ytd, Ngx Oil & Gas Emerges Best Performing Index/in /by
[This Day] For closing at 96.80 per cent Year-till-Date (YtD) growth as of July 10, the Nigerian Exchange Limited (NGX) Oil & Gas has outshined other indices to emerge as the best index on the bourse.
West Africa: Nigeria’s Crude Oil Output Hits Over Six-Year High of 1.73m Bpd/in /by
[This Day] Meets 104% of OPEC quota allocation
Nigeria: As US, Iran Resume Hostilities Over Strait of Hormuz, Dangote to Now Sell Fuel in Dollars/in /by
[This Day] Abuja -- The renewed hostilities between the United States and Iran over the strategic Strait of Hormuz, have triggered fresh concerns across global energy markets, with indications that Nigeria's Dangote Petroleum Refinery has resorted to dollar-denominated transactions effective today.
Rwanda: Govt Set to Receive First 40,000-Tonne Direct Fuel Shipment/in /by
[New Times] The government is set to receive its first direct shipment of refined petroleum products, with a vessel carrying 40,000 tonnes expected to arrive at Tanzania's Port of Tanga by the end of July 2026.
Nigeria: Nigeria Meets 104% of OPEC Quota As Production Soars/in /by
[Premium Times] According to the crude statistics, released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Sunday, in the month under review, crude oil production hit 1. 56 million barrels per day (mbpd)
Rwanda: Govt Spends Over Rwf47bn On Fuel Subsidies/in /by
[New Times] Rwanda has spent Rwf47.7 billion on fuel subsidies between March and June 2026 to cushion consumers and businesses from rising petroleum prices, Prime Minister Justin Nsengiyumva has said.
Rwanda: New Fuel Supply Deals Could Cut Pump Prices By 30% – Economist/in /by
[New Times] Rwanda's new fuel supply agreements with Kenya and Tanzania could reduce pump prices by between 10 and 30 per cent over the next three years if fully implemented, according to a trade economist.
East Africa: Dangote Confirms Lamu, Kenya for East Africa Mega Refinery/in /by
[New Era] Lagos -- Africa's richest man, Aliko Dangote, will build a 700 000-barrels-per-day East African oil refinery in Lamu on the Kenya coast, a senior company official said on Tuesday, ending speculation about the mega-project's location.
Botswana: Botswana Oil Targets 60-Day Fuel Buffer/in /by
[Botswana Daily News] Gaborone -- The country's fuel storage capacity is envisaged to reach 55 days' cover by the first quarter of the 2027/28 financial year.
South Africa: Diesel Relief Shrinks Fast As Trump’s Iran Comments Hit Fuel Data/in /by
[Scrolla] Diesel's projected price cut for August dropped by more than 35 cents a litre in a single day of trading. Petrol's projected cut nearly halved overnight, as oil prices reacted to Donald Trump's comments on the Iran ceasefire.