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Petroleum

South Africa: Mantashe urges continental solidarity as Africa confronts global resource pressures

February 10, 2026 Steven Addamah 0

South Africa’s Minister of Mineral and Petroleum Resources, Gwede Mantashe, has called on African countries to deepen cooperation and present a united front in response […]

Namibia flags regulatory breach over TotalEnergies–Petrobras offshore stake announcement

February 9, 2026 Steven Addamah 0

The Namibian Government has expressed concern over a joint announcement by TotalEnergies and Petrobras regarding the acquisition of equity interests in an offshore petroleum exploration […]

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 […]

Dangote Accuses Regulators of Undermining Local Refining, Calls for Probe into Fuel Imports

December 16, 2025 Steven Addamah 0

Nigeria’s richest businessman, Aliko Dangote, has accused petroleum regulators of facilitating cheap fuel imports that, he says, threaten local refineries, jobs and the country’s long-term […]

South Africa Posts R15.6bn Trade Surplus in October 2025 Amid Rising Flows

December 2, 2025 Steven Addamah 0

South Africa registered a preliminary trade surplus of R15.6 billion in October 2025, driven by exports totalling R192.2 billion against imports of R176.6 billion, according […]

East Africa: EAC Trade Rises to $38.2 Billion in Q2 2025 as Exports Surge 40 Percent

November 13, 2025 Steven Addamah 0

The East African Community (EAC) registered a strong upswing in international merchandise trade in the second quarter of 2025, underscoring the bloc’s economic resilience and […]

Nigeria’s Rig Count Soars to 69 as NUPRC Records Major Milestones in Four Years

October 8, 2025 Steven Addamah 0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a remarkable increase in the country’s rig count from eight in 2021 to 69, representing a […]

Namibia Records Largest-Ever Trade Deficit in August 2025 Amid Heavy Import Dependence

October 4, 2025 Steven Addamah 0

Namibia recorded its highest-ever trade deficit in August 2025, reaching 5.3 billion Namibian dollars (approximately 308 million U.S. dollars), according to data released by the […]

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 […]

Nigeria’s $6.84bn Balance of Payment Surplus Signals Economic Resilience and Stability

April 23, 2025 Steven Addamah 0

The Democratic Front (TDF) has hailed on April 21 Nigeria’s $6.84 billion balance of payment surplus for 2024 as a key indicator of economic strength […]

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  • Safran to set up landing gear systems plant in Casablanca
  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
  • African Leaders Gather in Addis Ababa for 39th AU Summit and Inaugural Africa–Italy Meeting
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