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Nigeria: Major Fire Disaster Averted As Gas Tanker Overturns in Lagos – LASTMA/in /by
[Premium Times] The incident, which occurred in the early hours of Monday, involved a truck fully loaded with Compressed Natural Gas (CNG) cylinders.
Uganda: Is Oil Discovery in Uganda an Opportunity or a Looming Curse?/in /by
[Nile Post] As Uganda stands on the brink of an oil era, the world watches. Will it emulate the model of Norway, which used oil wealth to build a trillion-dollar sovereign-wealth fund? Or will it fall victim to the "resource curse," where abundant natural resources breed corruption, inequality and economic fragility?
Nigeria: Govt Seeks IMF’s Support to Strengthen Fiscal Resilience in Oil Sector/in /by
[This Day] The federal government has sought the technical support of the International Monetary Fund (IMF) in designing a transparent and resilient price modulation mechanism to help cushion domestic price shocks, insulate markets from extreme global volatility, and preserve fiscal discipline. The Permanent Secretary, Ministry of Petroleum Resources, Dr. Vitalis Obi, who made the request reaffirmed Nigeria's commitment to strengthening its fiscal and energy frameworks through sustained collaboration with
Nigeria: 15% Petrol Import Duty Against Spirit of Deregulation – Oil Marketers/in /by
[Vanguard] Oil marketers have criticised the Federal Government's plan to impose a 15 per cent import duty on petrol, arguing that the proposal contradicts the principle of deregulation in the downstream petroleum sector.
Nigeria: NNPC Limited Seeks Partnership to Revamp Struggling Refineries/in /by
[Premium Times] "We're repositioning as a commercially driven, transparent energy company serving Nigerians," Mr Ojulari said.
Liberia: Sen. Duncan Threatens Lawsuit If New Oil Deals Are Ratified/in /by
[FrontPageAfrica] Monrovia -- The controversy surrounding Liberia's recent oil exploration agreements deepened on Wednesday when Sinoe County Senator Crayton O. Duncan threatened to file a lawsuit against the Government of Liberia if the National Legislature goes ahead to ratify the Production Sharing Contracts (PSCs) recently signed with Atlas/Oranto Petroleum and TotalEnergies.
Nigeria: NNPC Shops for Equity Partners to ‘High-Grade’ Its Comatose Refineries/in /by
[This Day] · Port Harcourt, Warri, Kaduna facilities will work, says Ojulari
Mali: Fuel War Spreads to the Capital Bamako/in /by
[Agenzia Fides] Bamako -- "This morning at dawn, a convoy of 1,000 fuel tankers, escorted by the army, was greeted by a cheering crowd in Bamako," local sources told Fides, describing the situation in the Malian capital, where unrest is growing due to the blockade by the jihadist group Jama'a Nusrat ul-Islam wa al-Muslimin (JNIM), which is attempting to prevent fuel tankers from Senegal and Ivory Coast from supplying the city.
Nigeria: New Naval Chief Vows Sustained Onslaught Against Crude Oil Theft, Maritime Criminality/in /by
[Vanguard] The newly appointed Chief of Naval Staff, Rear Admiral Idi Abbas, assumed office on Thursday with a pledge to intensify the fight against crude oil theft, illegal bunkering and other maritime crimes undermining Nigeria's economy.
Malawi: Mutharika Government Set to Raise Fuel Prices As Subsidies Fall Away/in /by
[Nyasa Times] Malawians should brace for higher fuel prices as the Peter Mutharika administration prepares to implement tough economic reforms aimed at stabilizing the country's finances and restoring growth.