Downstream

Angola to end to fuel subsidies

By on May 26, 2015 in Downstream, Oil & Gas with 0 Comments
Angola to end to fuel subsidies

Angola will end petrol subsidies and increase the price of other fuels, the finance ministry said, after last year’s plunge in global oil prices hammered the finances of Africa’s second largest crude exporter. Reuters Africa reports that Angola imports most of its fuel due to insufficient refining capacity and it spent around 4% of its […]

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Vivo Energy Kenya Partnership with Fast Food Outlets

By on November 5, 2014 in Downstream, Press Releases with 0 Comments
Vivo Energy Kenya Partnership with Fast Food Outlets

…It’s all about customer convenience Vivo Energy Kenya, the company that distributes and markets Shell branded fuels and lubricants,  has partnered with  two fast food outlets, Innscor Kenya Limited and Subway  and today opened  the two outlets at  Shell St Austin’s Lavington and Shell Limuru road  respectively, Nairobi. The partnerships will see Vivo Energy Kenya […]

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Oil Companies to intensify oil exploration in Kenya’s lake basin region

By on October 13, 2014 in Downstream, Oil & Gas with 0 Comments
Oil Companies to intensify oil exploration in Kenya’s lake basin region

Exploration of oil in Kisumu will start next year as Kenya steps up efforts to become an oil producing nation. This is after two companies licensed to explore, Swala Energy and its partner Tullow Oil, announced plans to drill the first well on block 12B, located within Nyanza Rift basin. Swala said in a statement that […]

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Botswana may mimic Sasol’s synfuels

By on June 25, 2014 in Downstream, Oil & Gas with 0 Comments

Botswana will consider setting up a coal-to-liquid fuels industry to exploit the southern African country’s resources and cut its annual import bill by about 3 billion pula ($338 million), the chamber of mines said. “It’s not rocket science,” Charles Siwawa, chief executive officer of the Botswana Chamber of Mines, said yesterday in an interview in […]

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Has fuel pricing regulation helped Kenyans?

In Kenya, petroleum fuel pump prices are regulated through price capping. ‘Super’ and ‘Regular’ petrol as well as ‘automotive diesel’ and ‘kerosene’ are the better known fuel brands whose prices are capped this way. In this regulation, the prices are reviewed on a monthly basis by the Energy Regulatory Commission (ERC). This price control continues […]

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