September 24
Algeria: 10th Meeting of JMMC - Producing Countries Continue to Seek 'Balanced' Oil Market
Algerie Presse Service
The Joint OPEC-non-OPEC Ministerial Monitoring Committee (JMMC) convened in Algiers, for its tenth meeting, said that the despite the growing uncertainties surrounding market… Read more »
September 22
Zimbabwe: Govt Disburses U.S.$20 Million for Fuel Imports
The Herald
GOVERNMENT has disbursed $20 million towards the importation of fuel as it moves to ease the supply gap across the country, which has seen some towns suffering temporary shortages… Read more »
September 21
Nigeria: Police Recover U.S.$470.5 Million in Stolen State Oil Funds
Deutsche Welle
A Nigerian police investigation has retrieved hundreds of millions of dollars in stolen state oil funds. It came as an Italian court sentenced two men to four years in jail in a… Read more »
September 20
Kenya: Kenyatta's New Tax Measures Set to Inflict More Pain [opinion]
Nation
For 41-year-old Jane Wangeci, a resident of Kibra, Nairobi, the high price of charcoal and kerosene has in the recent past meant changing cooking habits for her young family of… Read more »
Kenya: MPs Pass Uhuru Kenyatta's 8% Fuel Levy
Nation
The National Assembly Speaker Justin Muturi has ordered for a second round of voting on President Uhuru Kenyatta's fuel levy after the number of MPs in the House during the first… Read more »
Kenya: Muturi Upholds Vote on 8% Fuel VAT Amid 'Rigging' Claims
Capital FM
National Assembly Speaker Justin Muturi found himself in a tight spot Thursday evening after he upheld a ruling allowing taxation of fuel at the rate of eight per cent based on a… Read more »
Kenya: Temporary Speaker Declares Kenyatta VAT Proposal Passed Provoking Uproar
Capital FM
There was drama in Parliament Thursday afternoon following a bitter dispute between MPs who voted for and against President Uhuru Kenyatta's proposal to cut Value Added Tax on fuel… Read more »
Kenya: D-Day as Lawmakers Debate, Vote on Kenyatta Tax Proposals
Capital FM
The National Assembly will on Thursday debate and vote on President Uhuru Kenyatta's tax proposals, which include a cut on Value Added Tax (VAT) on fuel products from 16 per cent… Read more »
Kenya: Jubilee MPs Issue Conditions to Accept Vat Proposals
Nation
Jubilee Party MPs on Tuesday told President Uhuru Kenyatta that they were ready to endorse his reservations on the Finance Bill, 2018, but only if he does not subject allocations… Read more »
September 19
Nigeria: Malabu Scandal - Shell, Eni Await Fate As Italian Court Rules On $1.1 Billion 'Bribe'
Premium Times
Oil multinationals, Eni and Shell, will on Thursday be on the lookout as a Milan judge will decide for the first time whether $1.1 billion of the sum paid in the controversial… Read more »
Nigeria: 'How Obasanjo Ran State Oil Firm As One-Man Business for 8 Years'
Vanguard
A new book has told of how ex-President Olusegun Obasanjo ran the Nigerian National Petroleum Corporation, NNPC, as a "sole administrator" for the eight years he led the country. Read more »
Nigeria: Malabu Oil Scandal - Shell, Eni's Trial Gets First Verdict in Italy
Vanguard
An Italian court has concluded plans to deliver its first verdict on the trial of top Shell and Eni executives, over alleged corruption in the controversial Malabu scandal tomorrow… Read more »
Nigeria: Shell Plans to Cut Methane Emissions
Leadership
Oil giant, Royal Dutch Shell said it will cut emissions of methane, a potent greenhouse gas, across its oil and gas operations. Shell aims to maintain methane emissions intensity… Read more »
Nigeria: Oil Majors Expect First Ruling in Nigeria's $1.3b Oilfield Scandal
Guardian
International oil companies, Shell and Eni, are carefully monitoring a first ruling this week by a Milan judge in one of the energy industry's biggest corruption scandals for clues… Read more »
Nigeria: 'It's a Disgrace We've Delayed Oil Blocks, Marginal Fields Rounds' [interview]
Guardian
Bank-Anthony Okoroafor is the Chairman of the Petroleum Technology Association of Nigeria (PETAN), and Chief Executive Officer of CB Geophysical Solutions Limited. In this… Read more »
September 18
Kenya: Opposition Backs Kenyatta's 8% Fuel Tax With Conditions
Nation
The National Super Alliance (Nasa) has offered conditional support to President Kenyatta’s memorandum to Parliament cutting VAT on fuel from 16 percent to eight percent. Read more »
Kenya: MPs to Debate President Kenyatta's 8% VAT Proposal in Special Sitting
Capital FM
Members of the National Assembly will hold a special sitting on Tuesday to debate President Uhuru Kenyatta's proposal to impose 8 per cent Value Added Tax (VAT) on fuel products… Read more »
Kenya: Nasa Leaders Reject VAT Stand, Supporters Say Odinga a Traitor
Nation
The decision by the National Super Alliance (Nasa) to back President Uhuru Kenyatta's proposals on the fuel tax has angered some of its own lieutenants. Read more »
Kenya: 'Heated Debate' as Kenyatta Whips MPs Into Backing VAT Proposal
Nation
President Uhuru Kenyatta on Tuesday whipped Jubilee Party Members of Parliament into supporting his proposal for an eight per cent Value Added Tax on petroleum products. Read more »
Kenya: Big Test for MPs on Kenyatta Fuel Tax Memo
Nation
The true measure whether the National Assembly is an independent institution or just an appendage of State House will be demonstrated on Thursday during a special sitting when the… Read more »
Kenya: Odinga Junior Revolts Against Father on Fuel Levy With Tweet
Nairobi News
Nasa leader Raila Odinga's son Raila Junior has blasted the opposition for backing President Uhuru Kenyatta's recommendations to the Finance Bill. Read more »
Kenya: Duale Slams Nasa's Conditional Support for 8% Fuel Tax
Capital FM
National Assembly Majority Leader Aden Duale has dismissed the National Super Alliance's (NASA) conditional support for President Kenyatta's proposal to reduce VAT on petroleum… Read more »
Kenya: 181 Jubilee MPs Agree to Support Kenyatta Fuel Tax Proposal
Capital FM
A Jubilee Party Parliamentary Group meeting chaired by President Uhuru Kenyatta has agreed to support the presidential memorandum on the Finance Bill including reducing 16 per cent… Read more »
Kenya: Nasa Now Backs Kenyatta's 8% Fuel Tax Proposal But With Conditions
Capital FM
Jubilee and NASA Members of Parliament have now agreed to support the proposal by President Uhuru Kenyatta to cut the 16 per cent VAT on fuel products by 50 per cent. Read more »
Nigeria: Nigeria's Crude Faces Glut Over U.S. Shale Production
Leadership
Indications emerged yesterday that the sale of Nigeria crude oil in the international market is currently facing challenges due to surging production of United States shale crude,… Read more »
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