The Independent Petroleum Marketers Association of Nigeria, on Monday, threatened to withdraw its service over incessant increment on the price of the premium motor spirit in the Eastern part of …
Oil & Gas
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BusinessEconomyEnergyMoroccoOil & Gas
Sound Energy and Attijariwafa Bank in Talks to Fund Tendrara and Anoual Gas Exploration in North Morocco
Sound Energy, a London-listed energy company, announced today that it is extending the negotiation period with Attijariwafa Bank, Morocco’s largest bank, on funding the Grand Tendrara and Anoual gas exploration …
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BusinessEnergyNigeriaOil & GasWestern Africa
Shell Petroleum Development Company to resume crude oil export operations at Forcados Oil Terminal
Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal, where repair works on the pipeline went in for weeks. The SPDC’s media relations manager, …
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Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal, where repair works on the pipeline went in for weeks. The SPDC’s media relations manager, …
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority has expressed optimism that the 650,000 barrels per day capacity refinery being built by Dangote Industries Limited will significantly help strengthen the …
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Caps on wholesale prices of fuel will be reintroduced following an end to the subsidy on pump prices, in a move meant to shield independent dealers who have for months …
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BusinessKenya NewsMarketsOil & Gas
Oil marketers deny customers price relief and pocket gas tax cuts
Oil marketers have declined to lower cooking gas prices four months after halving Value Added Tax (VAT) to eight percent, denying consumers accruing benefits. The 13-kilogramme cylinder is retailing at …
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EconomyINVESTMENTMoroccoOil & Gas
Morocco and Nigeria Gas Pipeline set to Receive $25 Billion in Investment next year
The Nigeria-Morocco Gas Pipeline is set to receive a total investment of $25 billion next year, according to the head of the West African nation’s state oil company. Discussions for …
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Kenyan households can now breathe a sigh of relief as prices of cooking gas drop by over Sh100. A spot-check by Capital Business showed that a six-kilogram cylinder price of Rubis Energy …
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AfricaAFRICA NEWSBusinessEconomyEnergyNewsOil & GasSouth AfricaSouthern Africa
Loss-making PetroSA seeks CEO to lead revamp
PetroSA is taking steps to end a legacy of mismanagement and continuing annual losses as it plans a project with TotalEnergies , according to its interim chairman. The state-owned oil …