[Vanguard] ·As company saves Africa $17bn petrol product imports
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[This Day] Africa's richest man and President of Dangote Industries Limited, Aliko Dangote, has declared that his company built its 650,000 barrels per day (bpd) refinery, valued at $20 billion, without receiving any incentive from the Nigerian government.
[Reporter] Fuel stations across the country have raised prices by almost 10 percent as the federal government announces its plans for further rollbacks on fuel subsidies.
[Premium Times] As NNPC withdraws as a middleman for Dangote Refinery petrol, the price of petrol at fuel stations in Lagos may rise to N991.21 per litre, N1,040.31 in Kano, and N1,007.35 in Calabar, depending on exchange rate and crude oil prices
[Premium Times] Mr Lokpobiri said the statement does not represent his position as the minister overseeing the oil sector, nor does it reflect the stance of the federal government.
[This Day] * Says Nigeria needs 1.5mbpd refining capacity to be self-sufficient in petroleum products
[GroundUp] Protests held against fossil-fuel industry in Cape Town and Johannesburg
[Vanguard] In a significant development, the Federal Government and Dangote Refinery have reached an agreement to pay for crude oil supplied to the facility in local currency.
[Namibian] The united Arab Emirates (UAE) is often cited as an example of how an oil-rich nation can successfully leverage its natural resources to drive socio-economic development and create a diversified, resilient economy that can rebound repeatedly.
[SAnews.gov.za] Mineral and Petroleum Resources Minister Gwede Mantashe says the discovery of gas and condensate from two exploration wells in the South Outeniqua Basin are proof that South Africa's underexplored deep waters have significant potential for oil and gas.
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