Posts

Namibia: Namibia Fuel Price Alert – Iran Blocks Strait of Hormuz Oil As Global Supply Fears Mount/in /by
[Namibian] Namibia faces potential fuel price hikes and supply disruptions following the reported closure of the Strait of Hormuz due to escalating conflict in the Middle East.
Nigeria: Federal Government Tightens Protection of Petroleum Revenues Under Executive Order 9/in /by
[Leadership] The federal government, through the Federal Ministry of Finance, has initiated measures to strengthen petroleum revenue management and protect federal income under Executive Order 9.
Gambia: Contaminated Fuel Allegations Rock Gambia’s Main Depot As OMCs Return Tankers/in /by
[The Point] At least three Oil Marketing Companies (OMCs) have confirmed returning tankers of contaminated fuel to the Mandinari Fuel Depot, sparking growing concern within The Gambia's petroleum industry.
Nigeria: Govt Begins Review of PIA to Address Structural Challenges/in /by
[Leadership] The federal government has commenced a review of the Petroleum Industry Act (PIA) to address structural and fiscal challenges affecting revenues accruing to the Federation.
Namibia: Namcor Appoints New Acting Managing Director Ndafyaalako/in /by
[Namibian] The National Petroleum Corporation (Namcor) board of directors has appointed a new interim managing director, Mtundeni Ndafyaalako, from 1 March.
Kenya: Traffic Snarl-Up On Mombasa Road After Fuel Tanker Collides With Container Lorry/in /by
[Capital FM] Nairobi -- There was a traffic snarl-up after a fuel tanker collided with a trailer and burst into flames on Mombasa Road, Athi River.
Nigeria: Tension Over Subsidy Removal Has Reduced, Says Better Days Lie Ahead – Tinubu/in /by
[This Day] President Bola Tinubu has said the tension occasioned by subsidy removal has subsided, noting that at one time many Nigerians had thought his administration could reverse the subsidy removal.
Africa: When Tehran Burns, Africa Pays – Fuel, Geopolitics and the Cost of Living/in /by
[allAfrica] The latest strikes on Iran and the widening confrontation across the Middle East are not distant geopolitical theatre for Africa. They are economic tremors that travel directly to our fuel pumps, supermarket shelves and national budgets.
Liberia: ‘We Do Not Collect Govt Taxes’/in /by
[Liberian Observer] The Liberia Petroleum Refining Company (LPRC) has publicly rejected claims that it collects and mismanages government taxes on imported petroleum products, saying the allegations are false and reflect a misunderstanding of Liberia's revenue framework.
Liberia: LPRC Faces Intense Legislative Scrutiny/in /by
[Liberian Observer] Liberia's downstream petroleum sector is once again at the center of legislative attention as Montserrado County Senator Abraham Darius Dillon has submitted a proposed Act seeking sweeping amendments to the legal framework governing the Liberia Petroleum Refining Company (LPRC).