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East Africa: Standard Bank Ponders U.S.$120 Million Investment in East African Pipeline While Awaiting Clarifications/in /by
[Daily Maverick] Standard Bank, one of Africa's biggest banks, has been under fire for its potential involvement in the controversial East African Crude Oil Pipeline project. The bank says the project will not continue the destructive legacy of fossil fuel projects across the continent but will instead be a progressive development.
Nigeria: $1.1 Billion Malabu Oil Fraud – Judge Berates EFCC Over Delay in Trial of Adoke, Others/in /by
[Vanguard] Abuja -- Trial Justice Idris Kutigi of a High Court of the Federal Capital Territory sitting at Jabi, on Wednesday, slammed the Economic and Financial Crimes Commission, EFCC, over its tardy prosecution of defendants involved in alleged $1.1 billion Malabu Oil fraud.
South Africa: Official Recalled From Zimbabwe for Diplomatic Travel Bungle – South African News Briefs – October 18, 2023/in /by
[allAfrica]
Angola: Angola Expecting Oil Production Above 1.1 Million Barrels Per Day/in /by
[ANGOP] Luanda -- The Government will continue to work to maintain competitiveness and crude oil production levels above 1.1 million barrels/day, planning to bid for another 50 oil blocks by 2025, the President of the Republic João Lourenço assured on Monday in Luanda.
Angola: MPs Reject Presidential Impeachment Proposal/in /by
[allAfrica] The country's leading opposition party walked out of an extraordinary parliamentary session called to discuss a possible impeachment against President Joao Lourenco on October 14, heightening political turmoil in the oil-rich country, Voice of America reports.
Kenya: Fuel Prices Soar Higher – Sh217 for Petrol, Sh205 for Diesel and Kerosene/in /by
[Capital FM] Nairobi -- The Energy and Petroleum Regulatory Authority (EPRA) has revised fuel upwards with Petrol soaring by Sh5.72 per litre, Diesel (Sh 4.48) and Kerosene (Sh 2.45).
Kenya: More Pain for Kenyans as EPRA Increases Fuel Prices/in /by
[Capital FM] Nairobi -- Kenyans are staring at difficult times ahead after the Energy and Petroleum Regulatory Authority (EPRA) today reviewed fuel prices across the country.
Nigeria: NNPC Jettisons Oil Swap Deals, Pays Cash for Fuel Imports/in /by
[This Day] The Nigerian National Petroleum Company Limited (NNPC) has begun buying petrol via cash tenders, rather than oil swaps, for the first time in nearly a decade, four sources familiar with the matter told Reuters.
Nigeria: Oil Pipeline Contracts – Uneasy Calm As Niger-Delta Stakeholders Renew Resource Control Agitation/in /by
[Vanguard] ·Youths point a finger at North, South-West cabal
Nigeria: Nigerian Govt Targets 2 Million Bpd Oil Output/in /by
[Premium Times] "I want to assure you, we've just been here for a few weeks. I've been here for less than two months. I assure you that by the end of the year, there will be a visible difference in performance and productivity," he said.