October 22
Egypt: Egyptian Government Implements Third Fuel Price Hike At the Behest of the IMF
People's Dispatch
The fuel price hike announced on October 18 in Egypt is a part of its government's commitment to the IMF to eliminate fuel subsidies in phases by December 2025. Read more »
Nigeria: Dangote Refinery Falls Short of Daily Petrol Supply Commitment
Premium Times
In September, the federal government said the Dangote Refinery would supply Nigeria's domestic market with 25 million litres of petrol daily and 35 million litres daily from… Read more »
Nigeria: Nigerian Govt Rejects Shell's Plan to Sell Nigeria Onshore Oil Business
Premium Times
The NUPRC approved four other other divestment applications but rejected Shell's. Read more »
Sudan: Sudan Set to Resume Oil Exports From South After Pipeline Repairs
Daba Finance
TLDR Read more »
Nigeria: Dangote Confirms Suing NNPC, Others but Says Matter Overtaken By Events
Premium Times
Dangote group said it filed the suit in September but has been in discussions with the parties. Read more »
Nigeria: NUPRC Blocks Shell's $2.4bn Asset Sale, Approves $1.2bn Exxon-Seplat Deal
Daily Trust
Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, Nigeria Upstream Petroleum Regulatory… Read more »
October 21
Nigeria: Heartfelt Condolences to the People of Majia*
Daily Trust
Our hearts are heavy with sorrow as we extend our deepest condolences to the people of Majia, Jigawa State, following the tragic tanker explosion that claimed the lives of more… Read more »
Nigeria: Nigeria's Offshore Oil, Gas Production Industry Projected to Hit $47bn By 2031
This Day
The value of Nigeria's offshore oil and gas production market will grow from the $34.18 billion in 2023 to $47.03 billion by 2031, a new market research has found. Read more »
October 20
Sudan: Sudan Announces Readiness to Transport South Sudan's Oil After Months of Suspension Due to Force Majeure
SNA
Sudan announced its readiness to convey South Sudan's oil from the South Sudanese fields to all parts of the world via ships at Bashayer Port in Portsudan. Read more »
Nigeria: Jigawa Tanker Explosion - Northern Govs, Dangote, Offor, Donate Over N1b to Victims [press release]
Premium Times
Mr Yahaya said the 19 northern states collectively donated N50 million each to Jigawa state to help the families of the deceased victims and alleviate the suffering of the injured… Read more »
Nigeria: Jigawa Tanker Explosion - I Lost My Son About to Wed - Dad
Vanguard
A bereaved father, Suleiman Sani, has narrated how he lost his 25-year-old son, Nura Suleiman, who was about to wed in last Tuesday's tanker explosion in Majia, Taura Local… Read more »
Nigeria: Bonga Oil Spill - Court to Deliver Judgment On $1b Indemnity Claim
Vanguard
Victims and communities impacted by the Bonga oil spill of 2011 in the Niger Delta region may soon get justice as a Federal High Court in Warri, Delta State, prepares to deliver… Read more »
October 18
Malawi: Is Govt Planning to Raise Fuel Prices Again?
Nyasa Times
The Malawi Energy Regulatory Authority (MERA) has announced that it is reviewing fuel pump prices to better align them with the actual landing costs of petroleum products. Read more »
Egypt: Egypt Raises Fuel Prices By Up to LE 2 in Third Increase of 2024
Egypt Online
Ministry of Petroleum announced an increase in diesel and gasoline prices by up to LE 2 for the third and final time in 2024, effective from Friday 18/10/2024. Read more »
Nigeria: Fiscal Crisis...Subsidy Removal, Naira Float Saved Nigeria - World Bank
Leadership
The World Bank Group has stated that Nigeria would have entered a fiscal crisis worse than the current situation if the federal government had not taken the bold steps of removing… Read more »
October 17
Nigeria: Oil Production Rises As Nigeria Intensifies Clampdown On Theft
VOA
Nigeria is ramping up efforts to curb crude oil theft, citing notable progress in key oil-producing areas. Read more »
Nigeria: Jigawa Tanker Explosion... 109 Victims Given Mass Burial, 54 Hospitalised
Leadership
Majiya village of Taura local government area in Jigawa state and the entire state was thrown into confusion and mourning following a petroleum tanker explosion which resulted in… Read more »
Nigeria: Tragedy in Jigawa - Petrol Tanker Explosion Kills 147
Vanguard
·Police conduct mass burial for victims Read more »
Nigeria: Dangote As Nigeria's Most Valuable Brand
This Day
In the midst of the debate over the operations of Dangote Refineries and the expectation that it would be the messiah for Nigerians as the market contends with fluctuating prices… Read more »
Nigeria: Govt, Labour Agree On How to Crash Transport Fares, Food Prices
Vanguard
*Labour to be incorporated into economic council *FG to meet govs on full implementation of minimum wage this October Read more »
Ghana: Exploration of Resources - Ghana's Crude Oil Production Dips ...Piac Observes, Calls for Urgent Attention
Ghanaian Times
A member of Public Interest and Accountability Committee (PIAC), Mr Constantine K. M. Kudzedi, has warned that Ghana must act quickly to address the steady decline in crude oil… Read more »
October 16
Nigeria: Fuel Costs Force Some Nigerian Commuters to Quit Jobs
VOA
Surging fuel prices in Nigeria are making it unaffordable for some workers to commute to their jobs, forcing them to quit. The trend is hitting low-income and informal workers… Read more »
Congo-Kinshasa: Climate Movement Praises DR Congo for Halting Oil and Gas Block Auction
350Africa.org
The 30 oil and gas blocks auction that has been underway for more than two years for a procedure that cannot exceed 18 months has been finally put to an end to the delight of… Read more »
Malawi: Fuel Scarcity in Malawi - Transporters Association Blames Forex Shortage
Nyasa Times
The Transporter Association of Malawi (TAM) has shed light on the ongoing fuel scarcity affecting the nation, attributing the issue to significant foreign exchange challenges faced… Read more »
Nigeria: Dozens Killed in Tanker Explosion
Premium Times
Most of the victims were killed in an explosion after they surrounded the accident scene, the police said. Read more »
