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NIGERIA'S OIL PRODUCTION HITS SIX-YEAR HIGH AS MIDDLE EAST RISKS RETURN
Nigeria’s crude oil production climbed to its highest level in six years in June, reflecting improved operational stability across the country’s oil sector.
- 3 months, 4 weeks
CENTRAL ASIA FEELS THE PINCH OF RUSSIA'S FUEL CRUNCH.
Fuel shortages in Russia, driven by Ukrainian drone strikes on Russian oil refineries, have begun affecting Central Asian countries that rely heavily on Russian fuel imports, according to traders and market participants.
- 3 months, 4 weeks
RWANDA: GOVT SET TO RECEIVE FIRST 40,000-TONNE DIRECT FUEL SHIPMENT.
Rwanda is set to receive its first direct shipment of 40,000 tonnes of refined petroleum products through Tanzania's Port of Tanga by the end of July 2026 as part of efforts to strengthen energy security and improve fuel supply. The government says direct procurement from global suppliers will reduce import costs, stabilize fuel prices and enhance the country's long-term fuel supply chain.
- 3 months, 4 weeks
TANZANIA TO PROCESS CRUDE OIL INTO FERTILIZERS.
Tanzania is advancing plans to establish petroleum refining capacity to process crude oil into value-added products, including fertilizers, lubricants and other refined petroleum products. The initiative is expected to strengthen energy security, reduce reliance on imports, support industrialization and create new economic opportunities.
- 3 months, 4 weeks
EASTERN AFRICA POWER POOL MINISTERS AGREE TO ACCELERATE REGIONAL ELECTRICITY MARKET.
Eastern Africa Power Pool (EAPP) member states have agreed to accelerate the implementation of a regional electricity market to expand cross-border power trade, strengthen energy security, and improve electricity access across the region. Tanzania said the initiative will enhance power supply reliability, support industrial growth, attract investment, and create employment opportunities through closer regional energy cooperation.
- 3 months, 4 weeks
INVESTORS AWAIT APPROVAL FOR $420 MILLION GAS-TO-LIQUID PROJECT.
Investors are awaiting government approval to proceed with Tanzania's proposed $420 million Gas-to-Liquid (GTL) project, which aims to convert natural gas into products such as diesel, sustainable aviation fuel and other industrial fuels. The project is expected to enhance value addition, strengthen energy security, reduce fuel imports and create employment once construction begins.
- 3 months, 4 weeks
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