British Petroleum (BP) subsidiary in Mozambique intends to sell 50 per cent of the shares it holds in the Maputo International Airport Fuelling Services (MIAFS)... Read More
Petroleum
The president of Nigeria, Bola Tinubu said last week that by eliminating the expensive gasoline subsidy and moving to converge its various currency rates, Nigeria... Read More
Due to the current US currency scarcity, petrol costs in Tanzania have increased by 17%, forcing drivers to dig even further into their wallets. The... Read More
Kenya is boosting its advantage over Tanzania in its bid to provide petroleum products in the East African region, with the nation’s cabinet this week... Read More

According to the Nigerian National Petroleum Company Limited (NNPCL), between July 15 and July 21, 2023, 40 instances of crude oil theft were reported across... Read More
Nigeria and Equatorial Guinea have expressed interest in the joint development of the regional oil and gas sector, with the countries looking at formalizing a... Read More
India’s Oil Ministry and French oil and gas major Total Energies held deliberations on restarting the much-awaited $20 billion liquefied natural gas (LNG) project in... Read More
According to the Federal Government of Nigeria, 33% of Africa’s total gas reserves are now located in the West African country. The Nigerian government also... Read More
Following a rise in output last month, Nigeria’s crude oil revenues increased to nearly N1.68tn in June 2023, according to a study of the latest... Read More
Oxford Economics said last week that inflation in Mozambique, after falling to March 2022 levels,will rise to 8.8% in the last quarter of the year,... Read More