Dangote Refinery increased its diesel gantry price by ₦100 per litre to ₦1,800, just three days…
Tag: Fuel Prices
UNDP Warns Fuel Subsidies Could Exceed $1 Trillion
Global fuel subsidies could exceed $1 trillion this year as the Iran war drives higher energy…
South Africa Faces Higher Fuel Import Risks
Refinery closures have pushed imported refined products above half of South Africa’s domestic fuel supply. Reserve…
Drone Attack Kills Three, Damages Moscow Oil Refinery
Russian authorities reported three deaths after a large drone attack struck the Moscow region and damaged…
Ghana Cuts Fuel Exports to Burkina Faso and Mali
BOST Energies has reduced fuel exports to Burkina Faso and Mali to prioritise Ghana’s domestic supply.…
FG Rejects Return to Fuel Subsidies Amid Global Price Surge
Federal Government (FG) is maintaining market-based fuel pricing despite global moves to cushion rising energy costs.…
IEA to Release 400m Barrels From Oil Reserves
IEA has announced the release of 400 million barrels of oil from emergency reserves to stabilise…
Nigeria’s Petrol Surge Sparks Energy Shift
Nigeria’s petrol consumption has increased sharply. The latest sector report indicates that daily PMS use has…
Brent Crude Surge May Push Up Fuel Prices in Nigeria
Petrol prices in Nigeria may rise following a recent surge in Brent crude prices. On January…
Warri Refinery to Boost Nigeria’s Energy Independence
The Warri refinery in Nigeria’s Delta State has resumed operations after eight years of inactivity. This…