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crude oil

Uganda appoints Vitol to market ‘Pearl Sweet’ crude ahead of 2027 exports

September 8, 2026 Steven Addamah 0

Uganda has selected global energy trader Vitol to market the government’s crude oil allocation ahead of planned exports in early 2027, the Uganda National Oil […]

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Kenya Extends Reduced Fuel VAT Until October to Shield Consumers from Rising Energy Costs

July 15, 2026 Steven Addamah 0

On Tuesday, July 14 2026, the Kenyan Government has extended its reduced Value Added Tax (VAT) on petroleum products from 16 per cent to 8 […]

Côte d’Ivoire Discovers Major Light Oil Deposit in Deepwater Basin

June 24, 2026 Geraldine Boechat 0

Côte d’Ivoire has announced the discovery of a new hydrocarbon deposit containing high-quality light crude oil, marking a significant step towards its goal of becoming […]

Kenya Suspends Transport Strike After Deadly Fuel Price Protests

May 20, 2026 Steven Addamah 0

Kenya on Tuesday announced a one-week suspension of a nationwide public transport strike following protests over soaring fuel prices that left four people dead. Onesimus […]

Nigeria Labour Congress urges Government action over rising petrol prices

March 16, 2026 Steven Addamah 0

The Nigeria Labour Congress has called on the government of Nigeria to urgently intervene as petrol prices surge to between ₦1,170 and ₦1,300 per litre […]

South Africa Sees Fuel Price Relief in January 2026

January 5, 2026 Steven Addamah 0

South African consumers will benefit from a significant reduction in fuel prices this week. Effective Wednesday, 7 January 2026, petrol prices will fall by 62–66 […]

Nigeria Union Orders Crude Supply Cut to Dangote Refinery Amid Labour Dispute

September 30, 2025 Steven Addamah 0

Nigeria’s powerful oil workers’ union has instructed members to halt crude and gas deliveries to the $20 billion Dangote Petroleum Refinery, intensifying a labour dispute […]

Nigerian Army Seizes Thousands of Litres of Stolen Oil, Arrests 43 Suspects in Coordinated Raids

April 8, 2025 Steven Addamah 0

Troops from the Nigerian Army’s 6 Division have successfully apprehended 43 suspected oil thieves during a series of coordinated raids across Bayelsa, Delta, and Rivers […]

March Sees Another Drop in Nigeria’s Crude Oil Production, Reports OPEC

April 22, 2024 Steven Addamah 0

The Organization of Petroleum Exporting Countries (OPEC) reports a further decrease in Nigeria’s daily crude oil production for March. According to OPEC’s data derived from […]

Cameroon extractive industries generated 888 billion CFA

January 4, 2018 Khalid Al Mouahidi 0

Extractive industries generated 888 billion CFA francs in the state coffers of Cameroon, thanks to the signing of new oil deals and the promulgation of […]

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