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Covid-19 - Govts Must Support a Just Transition for Oil Workers

The novel coronavirus pandemic has seen the world's demand for fossil fuel plummet and oil prices reaching historic lows. While low-carbon transition seems to be gaining attention, education, job creation and other support from governments is critical to save millions of oil industry employees and their communities from collapse, writes Sandeep Pai for Ensia. Oil-producing countries like Nigeria, Angola and Algeria are mulling the diversification from oil long before the pandemic but now the need has become more apparent as income into state coffers is impacted with OPEC's decision on production cuts, after a drop in demand.

Africa: Govts Must Support a Just Transition for Oil Workers and Their Communities

Ensia, 4 August 2020

As demand for fossil fuel plummets, education, job creation and other support is critical to save millions of oil industry employees and their communities from collapse. Read more »
Nigeria: Oil Industry Stakeholders' Search for Survival Strategies

This Day, 4 August 2020

In a recent gathering of business leaders and industry experts, participants deliberated on how companies, especially oil-related ones, can survive the current challenges in the… Read more »
Nigeria: Uncertainty Over OPEC's Plan to Raise Supply in August

This Day, 4 August 2020

There is uncertainty over the Organisation of Petroleum Exporting Countries (OPEC) and allies' plan to return supply to the market after the group's output cuts, while the covid-19… Read more »
Angola: Executive Creates Incentives for National Oil Companies

ANGOP, 23 July 2020

National oil companies will now pay 30% contrary to the current 50% of the Petroleum Income Tax (IRP), for production sharing contracts in the onshore basins of the Lower Congo and… Read more »
Sudan: Six-Day Fuel Queues As Port Sudan Runs On Empty

Dabanga, 6 August 2020

Owners of minibuses in Port Sudan now endure queues of up to six days at filling stations, as the chronic fuel shortage in the city deepens. Read more »
Nigeria: Outrage As Marketers Increase Fuel Price to N150/Litre

Daily Trust, 6 August 2020

Nigerians across the country on Wednesday reacted angrily as oil marketers' commenced sale of fuel at between N148 and N 150 in some cities. Read more »
Nigeria: 850 Nigeria Refinery Workers, Oil Workers Sacked

Premium Times, 14 July 2020

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on Monday alleged that the Nigerian National… Read more »
Botswana: Government Implements Fuel Restriction

Botswana Daily News, 12 July 2020

Government has put fuel restrictions in place as the country continues to experience severe shortage of fuel. Read more »
Nigeria: NUPENG Pickets Oil Firm Over Anti-Labour Practices

Premium Times, 9 July 2020

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Thursday picketed the Victoria Island, Lagos office of Variant Energy Services over anti-labour practices. Read more »
Ghana: Bost, COCOBOD Close Offices to Protect Workers Against COVID-19

Ghanaian Times, 8 July 2020

The Bulk Oil Storage and Transportation Company Limited (BOST) and the Ghana Cocoa Board (COCOBOD) have announced the closure of their head offices in Accra, to ensure the safety… Read more »
Africa: OPEC Conference - Algeria Advocates Immediate Reduction in Oil Production

Algerie Presse Service, 5 April 2020

Algeria, which chairs the presidency of the OPEC Conference, urged Sunday oil producing countries to seize the opportunity of the meeting scheduled on 9 April in order to agree on… Read more »
Nigeria: Angola's Oil Production - Lessons From Nigeria

Vanguard, 17 January 2019

With production declining and investment scarce, the Angolan leadership has put in place a number of new policies to reboot its oil industry and propel economic development.… Read more »