Posts

Kenya: Govt in Talks to Build Fuel Buffer System Amid Global Oil Volatility/in /by
[Capital FM] Nairobi -- The government is in talks with private investors to establish a contingency fuel storage facility in Mombasa aimed at strengthening Kenya's energy security and shielding the country from global supply disruptions.
Kenya: Govt Eyes Strategic Fuel Reserve to Cushion Supply Shocks/in /by
[Capital FM] Nairobi -- The government is engaging private sector investors to establish a contingency fuel storage facility in Mombasa, in a bid to strengthen energy security and cushion the country against global supply disruptions.
Nigeria: Court Dismisses Suit Challenging Pipeline Surveillance Contract Renewal/in /by
[Leadership] Justice Bello Kawu of the High Court of the Federal Capital Territory (FCT) has dismissed a suit seeking to stop the renewal and restructure of the nation's pipeline surveillance contract.
Nigeria: NNPC Funded My Lifestyle, Diezani Tells UK Court/in /by
[Daily Trust] Former Minister of Petroleum Resources, Diezani Alison-Madueke, has told a UK court that she neither solicited nor received bribes during her time in office.
Rwanda: Rising Fuel Costs Push Up Food Prices Across Kigali/in /by
[New Times] Traders across Kigali say prices of various food items and basic commodities have risen in recent weeks, attributing the trend to increased fuel costs driven by the conflict in the Middle East, which has pushed up transport expenses.
Kenya: Wandayi Says Unaware of Energy Chiefs’ Exit Amid Sh4bn Fuel Probe/in /by
[Capital FM] Nairobi -- Energy and Petroleum Cabinet Secretary Opiyo Wandayi has told Parliament he does not know the circumstances surrounding the resignation of three top officials in the petroleum sector, as investigations into a controversial fuel importation deal intensify.
Kenya: ‘Kenyans to Benefit From Lower Fuel Costs On Upcoming Shipment’, Wandayi Tells MPs/in /by
[Capital FM] Nairobi -- Energy and Petroleum Cabinet Secretary Opiyo Wandayi has indicated that an incoming fuel consignment could help stabilize or reduce petroleum prices.
Nigeria: Dangote Plans Pan-African IPO for Refinery in Landmark Listing/in /by
[Daba Finance] Aliko Dangote plans to list shares of the Dangote Refinery across multiple African stock exchanges, in what could become one of the largest and most complex equity offerings on the continent. The IPO will be structured as a pan-African listing, with a primary listing expected on the Nigerian Exchange and cross-border access for investors in other markets.
Namibia: Emulate Norway’s Oil Transparency/in /by
[Namibian] President Netumbo Nandi-Ndaitwah deserves her flowers for using Norway to benchmark Namibia's oil sector instead of leaning toward corruption-ridden countries where citizens have seen little or no benefit from oil wealth.
Nigeria: NNPC’s February Revenue Rises 4.2 Percent to N2.68tn, Profit Slumps By 64.7 Percent/in /by
[This Day] Abuja -- ·Statutory remittances jump 148% to N1.8trn