Nigeria proposes petrol price cap and 30-day discount programme
Nigeria is considering capping petrol prices at about 1,350 naira ($1.02) per litre as the Government moves to ease the impact of record fuel costs […]
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Nigeria labour union demands urgent relief as petrol price rises to ₦1,430
The Nigeria Labour Congress (NLC) has called on the Federal Government to introduce emergency measures to cushion the impact of rising petrol prices, which have […]
Ghana’s Oil Refinery Targets Output Increase to 45,000 Barrels Per Day
Ghana’s Tema Oil Refinery is preparing to expand its production capacity as part of efforts to revitalise operations and strengthen its role in the country’s […]
Angola withdraws from OPEC in disagreement with oil quotas
Angola has decided to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), against a backdrop of disagreement over oil production quotas, deeming it […]
The Opec+ reaches an uneasy agreement on a production cut
An oil production cut is on the way. An agreement was reached by the 23 OPEC+ member States, producers of around 40% of the world’s […]
Fearing US, UE sanctions, Kenya cancels oil deal with Iran
Kenya has cancelled an agreement it signed end of May with Iran under which it was to import Iranian crude oil to cover all its […]