Johannesburg, South Africa, October , 2017//-National oil companies (NOCs) across Africa have an enormous opportunity to secure a more sustainable future by transforming into “national energy companies” (‘NECs’), escaping the economic trap of a lower oil price and embracing the disruptive forces unleashed by climate change and a low carbon world.
Accra, October 4, 2017//-Vivo Energy Ghana Limited, the exclusive distributors and marketers of Shell branded products and services has introduced another innovative service dubbed ‘Shell Motorist App’ into the country’s downstream petroleum industry.
October 3, 2017//-Participants at the 2017 Nigerian Debt Capital Markets Conference and Awards, organised by the FMDQ OTC Securities Exchange in Lagos, at the weekend, have urged Federal Government-owned firms companies to issue bonds for infrastructure project in order to expand the nation’s debt capital market.
October 2, 2017//-Nigeria is Africa’s most populous country and the continent’s second largest economy. But amid tumbling oil prices Nigeria slipped into recession last year. Trade with Germany has also slumped.
Cape Town, South Africa, October 2, 2017//-The Department of Energy informs the public of the fuel price adjustments for October 2017. South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors.
Accra, September 29, 2017//-Although crude oil prices rose by 6.8% over the last 14 days, the Institute for Energy Security (IES) projects fuel prices to remain largely unchanged.
Accra, September 29, 2017//-Ghana’s National Petroleum Authority (NPA) has said petroleum service providers that sell products meant for export on the local market risk losing their licences, as it intends to “go hard” on the tax evasion practice.
Accra, September 27, 2017//-Ghana is said to gain 80 square kilometres (sqkm) of territorial space after the delimitation of its maritime boundary with Cote d’Ivoire.
Kampala, Uganda, September 27, 2017//-The International Monetary Fund recently stated that the oil reserves in Uganda may account for around four percent of the country’s economy annually in the next few years if managed well.
Accra, September 26, 2017//-After using petroleum politics to hoodwink Ghanaians to vote massively for the then opposition New Party Patriotic Party (NPP) to tumble the National Democratic Congress (NDC) government in the December election, it is shifting the goal post just nine months in office.
