Nairobi, Kenya – Democracy for the Citizens Party (DCP) leader and former Deputy President Rigathi Gachagua has intensified his criticism of the ongoing fuel import saga, alleging that recent arrests of senior energy officials are tied to a deeper business dispute rather than accountability measures. Gachagua claimed the arrests stem…
Nigeria is grappling with a steep fuel price surge, even after the launch of the Dangote Refinery, Africa’s largest oil processing facility. Fuel prices have risen by approximately 65%, the sharpest increase among major African economies, placing significant strain on households and businesses. The Dangote Refinery, expected to reduce Nigeria’s…
African airlines are coming under increasing financial strain as global fuel markets experience turbulence linked to the ongoing conflict involving the United States, Israel, and Iran. The disruption has led to a sharp rise in jet fuel prices worldwide, with African carriers among the hardest hit due to their heavy…
Panama City, Panama – Rising fuel prices and instability in the Middle East may create new opportunities for the Panama Canal Authority, according to its administrator, Ricaurte Vásquez. In an interview with The Associated Press on Thursday, Vásquez noted that higher energy, fuel, and navigation costs could make the interoceanic…
Egypt has raised domestic fuel prices by up to 30 percent, citing “exceptional” global energy pressures linked to ongoing conflicts in the Middle East that have disrupted oil supplies and shipping routes. The increases, announced on Tuesday by the Ministry of Petroleum, affect gasoline, diesel, and natural gas used in…
The Energy and Petroleum Regulatory Authority (EPRA) has announced a reduction in fuel prices, effective from February 15 to March 14. Super petrol, diesel, and kerosene prices have been lowered by Ksh.4.20, Ksh.3.90, and Ksh.1.00 per litre, respectively. New Prices Across Major Cities The revised prices will remain in effect…
The Energy and Petroleum Regulatory Authority (EPRA) has announced a reduction in the retail prices of super petrol, diesel and kerosene in its latest monthly fuel review, offering modest relief to consumers. According to EPRA, the price of super petrol has been reduced by Ksh.2 per litre, while diesel and…