Posts

Congo-Kinshasa: Nation’s Oil Fields Are Quickly Becoming Uninsurable/in /by
[Greenpeace] Any company granted exploration and exploitation rights in the Democratic Republic of Congo (DRC) oil auction could find itself without financial protection, according to a report published today by Greenpeace Africa, Insure our Future, Reclaim Finance and Urgewald. If leading insurance and reinsurance companies follow their commitments and their general environmental, social, and corporate governance (ESG) policies, oil companies would struggle to find coverage for their environmentally and socially
Nigeria: NNPCL Not Against NAOC-Oando Deal – Official/in /by
[Premium Times] "NEPL is only drawing attention to certain important clauses in the Joint Operating Agreement (JOA) between it, NAOC and OOL..."
Nigeria: Ministries, Oil Companies Accused of Oil Theft Collusion/in /by
[Premium Times] "We have people that compromise, including domestic and foreigners who are all culpable."
Angola: IMF Executive Board Concludes First Post Financing Assessment Discussions With Angola/in /by
[IMF] Washington, DC : On August 29, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment (PFA)[1], and endorsed the Staff Appraisal on a lapse-of-time basis[2]. Angola's capacity to repay the Fund is adequate, despite elevated risks.
Uganda: Govt Says It Is Powerless to Stop Fuel Price Hike/in /by
[Nile Post] The Ministry of Energy has told parliament that the government has no control over the escalating fuel prices that have rocked the country in recent weeks.
South Africa: Rising Fuel Price Will Have Domino Effect On Cost of Living, Say Experts/in /by
[Daily Maverick] The cost of food, clothing and electronic goods is expected to rise shortly in response to the steep increase in the price of petrol and diesel.
Kenya: Fuel Siphoning – Kenya Pipeline Starts Draining Underground Tank in Lolwe/in /by
[Capital FM] Kisumu -- Kenya Pipeline Company has started the process of emptying petrol from an underground tank in Kisumu's Lolwe estate after police uncovered a fuel siphoning racket.
Kenya: Kenya Pipeline Company Starts Drawing Fuel From Septic Tank in Kisumu/in /by
[Capital FM] Kisumu -- Kenya Pipeline Company has started the process to empty super petrol from a septic tank in Lolwe estate in Kisumu.
Nigeria: Oil Theft – Again, Nigerian Troops Uncover Illegal Oil Bunkering Sites in Delta/in /by
[Premium Times] Troops had clamped down on similar sites about a week ago.
Uganda: Fuel Prices Hike Alarms Transporters, Public/in /by
[Nile Post] Transport operators have raised concerns over the increasing fuel prices, and asked the government to intervene.