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Petroleum

Angola Attracts $9.9 Billion Investment in Oil Sector Over Eight Years

March 27, 2026 Steven Addamah 0

Angola invested approximately 9.9 billion US dollars in its petroleum sector over an eight-year period, reflecting sustained efforts to reinforce the backbone of the country’s […]

Kenya Confirms Robust Fuel Reserves as Middle East Tensions Persist

March 26, 2026 Steven Addamah 0

Kenya on Wednesday moved to calm public concerns over potential fuel disruptions, assuring that the country holds sufficient petroleum stocks despite the ongoing Middle East […]

Angola–China Trade Forecast at US$20 Billion in 2025, Underscoring Deepening Economic Ties

March 19, 2026 Steven Addamah 0

On March 16, 2026, Angola’s commercial exchanges with China were projected to reach approximately US$20 billion in 2025, according to figures reported by the state news […]

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 […]

Ghana’s Oil Refinery Targets Output Increase to 45,000 Barrels Per Day

March 11, 2026 Steven Addamah 0

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 […]

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 […]

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