Posts

Nigeria: Experts Seek Strengthening of Regulatory Agencies, Local Players in Oil Sector/in /by
[This Day] Oil and gas experts at the Institute for Energy and Extractive Industry Law have stressed the need for the federal government to protect and strengthen regulatory agencies in the industry in order to boost competition and prevent monopoly in the sector.
Nigeria: Fitch Downgrades Dangote Industries As GCR Affirms Group’s Ratings/in /by
[Premium Times] The latest review of the creditworthiness of the corporation saw Fitch lower its National Long-Term Rating to 'B+(nga)' from 'AA(nga)' and placed the ratings of the group on rating watch negative.
Nigeria: Fuel Importers Will Frustrate Dangote Refinery – Obasanjo/in /by
[Leadership] Former President Olusegun Obasanjo has stated that those benefiting from fuel importation will do all within their powers to frustrate the progress made by the Dangote Petroleum Refinery in Nigeria.
Mozambique: Mozambique Says Malawi’s Fuel Prices Can Drop By 30% If Govt Continue Using Rail Over Road/in /by
[Nyasa Times] The Mozambique government, through its High Commissioner to Malawi, Alexandre Manjate, has indicated that the price of fuel could reduce by 30 percent if the government continues utilizing rail over road transport.
Nigeria: Those Benefitting From Importation Frustrating Dangote – Obasanjo/in /by
[Daily Trust] Former President Olusegun Obasanjo has said beneficiaries of the fuel importation racket will work to frustrate the operation of Dangote Petroleum Refinery.
Nigeria: Why Shell Declined Offer to Run Nigerian Refineries When I Was President – Obasanjo/in /by
[Daily Trust] Former President Olusegun Obasanjo has disclosed that his administration persuaded Shell Plc to run Nigeria's refineries but the oil company rejected the offer.
Nigeria: Obasanjo Faults Tinubu’s Approach to Fuel Subsidy Removal/in /by
[Leadership] Former President Olusegun Obasanjo has faulted President Bola Tinubu's handling of the fuel subsidy removal, stating that it was poorly implemented and has led to biting inflation.
South Africa: West Coast Oil Spill – Inside the Emergency Response Effort and Salvage Operation/in /by
[Daily Maverick] 'Welcome to the Cape of Storms,' says salvage master Rudolph Punt, a member of the team trying to prevent further oil spills from the shipwrecked MV Ultra Galaxy on the West Coast.
Nigeria: Cabals in Nigeria Frustrating Dangote Refinery – Obasanjo/in /by
[Vanguard] Former President Olusegun Obasanjo has expressed concerns that those currently profiting from Nigeria's profitable fuel importation sector may seek to undermine the Dangote Petroleum Refinery.
South Africa: Fuel Price Decreases in August/in /by
[SAnews.gov.za] The Department of Minerals and Petroleum Resources has announced decreases for all grades of fuel for the month of August.