Refinery closures have pushed imported refined products above half of South Africa’s domestic fuel supply. Reserve…
Tag: Fuel Prices
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…
Namibia Lowers Fuel Prices to Reduce Customer Burden From July 3, 2024
Namibia’s Ministry of Mines and Energy recently announced plans to decrease fuel prices by 80 Namibian…
Fuel Prices Fall in Tanzania
The Energy and Water Utilities Regulatory Authorities (Ewura) have announced a decrease in the price of…