Posts

Africa: All of Africa Today – May 6, 2026
[allAfrica]
East Africa: Ruto Advises EAC Bloc to Reduce Fuel Costs By Establishing Regional Oil Refinery System
[Daily News] Dodoma -- PRESIDENT William Ruto of Kenya has said that Tanzania, Kenya, and Uganda have significant potential to reduce fuel costs and create jobs if they collaborate to establish a regional oil refinery.
Malawi: Malawi Fuel Crisis Deepens As Oil Shortages Spread
[DW] The fuel crisis has hit Malawi probably harder than anywhere else in Africa. The government has been forced to sell off precious gold reserves to buy fuel, but there is a severe cost to this, too.
Senegal: TotalEnergies Senegal Profit Grows Despite Pump Price Cut
[Daba Finance] TotalEnergies Marketing Senegal, the BRVM-listed fuel retailer and 69.1% subsidiary of TotalEnergies, posted net profit of 1.59 billion FCFA ($2.8 million) in the first quarter of 2026, up 5% from 1.51 billion FCFA ($2.7 million) a year earlier -- a result that masks a more interesting story underneath the headline.
Cote d’Ivoire: SMB Sees Sharp Profit Drop On Maintenance Halt, Oil Price Surge
[Daba Finance] SMB, the Abidjan bitumen refiner, saw profit fall 45% in the first quarter of 2026 to 1.49 billion FCFA ($2.7 million) from 2.71 billion FCFA ($4.9 million) a year earlier -- a result shaped by two distinct events that arrived simultaneously and reinforced each other.
Liberia: Communities Elated Over Reported Oil Discovery
[Liberian Observer] In November last year, excitement swept through Beon and neighboring towns in Grand Bassa County after residents discovered a thick, black substance floating on the river--a find many locally believe to be crude oil.
Nigeria: NNPC Signs MOU for Restart, Expansion of Warri, Port Harcourt Refineries
[Vanguard] The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with two Chinese companies for a Technical Equity Partnership (TEP) to support completion and operation of Port Harcourt and Warri Refineries.
Nigeria: NNPC Signs MOU With Chinese Firms for Port Harcourt, Warri Refineries Restart
[Leadership] The Nigerian National Petroleum Company Limited (NNPC) has signed a Memorandum of Understanding (MoU) with Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd for a potential Technical Equity Partnership to complete, operate, and upgrade the Port Harcourt and Warri Refineries.
Nigeria: NNPC Signs MOU With Chinese Firms to Revive Warri, Port Harcourt Refineries
[Premium Times] The Nigerian National Petroleum Company (NNPC) Limited has signed a Memorandum of Understanding (MoU) with two Chinese firms as part of efforts to restart and expand the Port Harcourt and Warri refineries through a potential technical equity partnership.
Kenya: President Ruto Explains Tanga Refinery Plan After Samia Suluhu Hassan Says She Was Not Informed
[Capital FM] Nairobi -- President William Ruto has explained his announcement on the proposed construction of a regional oil refinery in Tanga, saying the plan is part of a broader strategy to accelerate industrialization across East Africa using locally available resources.