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Zambia raises November fuel prices as kwacha weakens ahead of December VAT return
Zambia increased petrol prices by 5.1% and diesel by 3.5% for November as a weakening kwacha and higher international petroleum prices pushed up import costs, adding pressure on transport operators, businesses and consumers.
Iraq crude output tops 4mn bpd as Kurdish export deal holds
Iraq's crude output has climbed above 4mn barrels per day (bpd), and the tripartite deal governing Kurdistan Region exports remains in force
Afreximbank and oil producers launch Africa Energy Bank with $5bn authorised capital, eye first financing in 2027
The Nigeria-based lender, plans a $1.25bn first subscription tranche and will prioritise export and domestic gas infrastructure, power and clean cooking.
Nigeria’s Dangote refinery boosts fuel exports 37% in September as local deliveries fall
Dangote refinery exports rose 37.3% to 54.63mn litres a day in September, outstripping Nigerian deliveries, NMDPRA data show, as petrol stocks stayed below the 30-day benchmark.
Cameroon's Sonara signs fuel supply deal with Nigeria's Dangote and MRS
Cameroon's state-owned oil refiner Sonara has signed a fuel supply agreement with Nigeria's Dangote Group and MRS Oil & Gas
Crude, condensate deliveries to Nigerian refineries top 127mn barrels as Q3 volumes fall 16%
Nigeria supplied more than 127mn barrels of domestically produced crude oil and condensate to local refineries between January and September 2026, following regulatory interventions to address supply disruptions
Namibia's Namport closes Walvis Bay oil port bids, targets 2027 construction
Namibia's state-owned ports operator Namport has closed bids for new berths and infrastructure upgrades at Walvis Bay's South Port, targeting construction from early 2027 to support offshore oil developments.
Nigeria’s south-east gas network advances with $3mn commitment
Nigeria’s proposed 400-kilometre gas distribution network across five south-eastern states has entered the investment and project development phase
Africa's energy demand set to nearly double by 2060, AEC’s report says
Africa will need substantial investment in electricity networks, fuel supplies and new generating capacity as energy consumption rises over the coming decades, with governments facing pressure to improve access while limiting emissions.
Nigerian feedstock supply is improving, NUPRC says
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed this week that the country’s domestic refineries had received more than 127mn barrels of Nigerian crude oil.
Nigeria’s war on oil theft continues
The Nigerian Navy has discovered three reservoirs allegedly containing around 25,000 litres of stolen crude oil in Delta State, with the Director of Naval Information noting that it had been found during operation Delta Sentinel.
Angola spends $1.08bn importing 74% of its liquid fuels in Q3 as foreign supplies dominate
Imported products account for 74% of liquid-fuel purchases despite efforts to expand domestic refining capacity
African Energy Week reports $17bn in commitments as energy projects seek financing
African Energy Week (AEW) 2026 concluded in Cape Town with more than $17bn in reported investment commitments, new licensing opportunities and a series of corporate agreements aimed at advancing oil, gas and power projects across the continent.
Nigeria’s Dangote refinery $1.6bn IPO attracts $4.78bn in orders, sources say
More than 2mn investors subscribed through digital channels, a source said, while the order book did not yet include applications from other African countries
Nigeria regulator outlines supply-gap test for future petrol imports as local refineries take 74% of September receipts
Nigeria’s downstream petroleum regulator said future petrol import licences would be issued to eligible operators under published merit-based criteria and after an auditable assessment of domestic supply shortfalls.
Nigeria revises gas pipeline access code as regulator flags $30bn-$50bn investment need
Nigeria’s NMDPRA launched Revision 2 of its gas network code as it sees a $30bn-$50bn investment need by 2030 and pipeline capacity rising to about 4.2 bcfd.
Ghana's Tema Oil Refinery targets 200,000 bpd expansion amid financing challenges
State-owned refinery seeks strategic investors for major expansion after restarting crude processing, but 2025 profit was driven largely by currency gains.
Nigeria proposes crude swaps to cut refinery transport costs by up to $4 per barrel
Domestic crude deliveries fall 16% quarter on quarter as pricing disputes and logistics constrain supply.
Ghana’s Tema Oil Refinery receives over 5mn barrels of crude as processing recovers
State-owned refinery TOR reports 28,000 bpd throughput and plans to expand capacity, while foreign-exchange gains underpin its financial turnaround.
Nigeria’s TotalEnergies Marketing swings to $4.3mn nine-month profit as finance costs fall
Lubricants drive gross profit growth despite weaker fuel margins, while third-quarter earnings miss forecast.
Nigeria’s Dangote refinery becomes first site for Honeywell industrial AI platform
US automation company Honeywell Technologies (Nasdaq: HON) has launched its Forge Plant Cognition industrial artificial intelligence platform at Nigeria’s Dangote Petroleum Refinery in Lekki, the first deployment of the system.
Riyadh moves its barrels closer to the buyer
Confronted with Houthi drones and Iranian mines in the Gulf, Saudi Aramco is pushing crude into foreign strategic caverns, starting with Singapore in 2027
Algeria orders troops to Niger to protect energy interests after parliamentary approval
Algeria's Sonatrach has oil exploration interests in Niger's Kafra region, near the countries' shared border, and is involved in the proposed Trans-Saharan Gas Pipeline linking Nigeria, Niger and Algeria.
Dangote nearly walked away from $327mn Kenya Pipeline stake
The negotiations show how close Kenya’s largest post-IPO block trade came to collapse, and how a dividend arrangement was used to bridge the gap.
Nigeria's Tinubu rules out petrol subsidy return as 2027 election campaign begins
Speaking at an All Progressives Congress (APC) rally, Tinubu said the subsidy regime belonged to the past and associated it with corruption, falsified invoices and fuel smuggling.
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