Oil agency report clears fears of petroleum contamination of oil wells in Kenya’s South Lokichar Basin in the north
Energy and Petroleum Regulatory Authority (EPRA) has announced that laboratory analysis of soil and water samples from the South Lokichar Oil Basin shows no evidence of petroleum contamination following its latest environmental monitoring exercise. The findings were shared during a meeting between Governor Jeremiah Lomorukai and a delegation from EPRA...
Disruption of oil supplies via Strait of Hormuz drives Africa-China think-tank to twaak energy cooperation
Erastus Mwencha, former deputy chairperson of the AU Commission and current chairperson of the Board of Equity Bank Kenya, said China and Africa should advance clean energy generation and reduce overdependence on hydrocarbons by leveraging existing cooperation frameworks.
Temporary reprieve: Public transport strike over steep rise of fuel prices in Kenya suspended
Negotiations on Monday, the first day of the strike, failed to reach an agreement despite the government agreeing to lower the diesel price by about 10 shillings a litre. Transport operators had sought a deeper 46-shilling-per-litre reduction in the price of diesel, the main fuel they use.
Schools and state functions in Africa stall in wake of Iran war despite continent’s rich oil resources
Across Africa, from north to south and from east to west, the war waged by the US and Israel on Iran is wreaking havoc, bringing to life the old cliché, “When elephants fight, it is the grass that suffers.”
Transport paralysed, five people killed by police as Kenya braces for violent election season ahead
Kenya’s fuel prices hit a record high on Friday, with the diesel price increasing by 23.5 per cent and gasoline by 8 per cent. The government attributed the previous price increase to the Iran war and its effects on energy supplies, but it reduced taxes to lessen the shock for consumers.
Iran war ripple effect: How fuel scarcity and sky-high cost are giving a flip to electric bikes uptake in Nyanza and western Kenya
Several companies, including Spiro Kenya, Roam Electric, Ampersand and Ecobodaa are rapidly expanding businesses around the country by establishing battery-swapping stations and introducing financing programmes specifically tailored for boda riders.
China zero tariff cuts open new route for African agricultural produce via inland Hunan
Under the upgraded policy, China has become the first major economy to offer unilateral, across-the-board zero-tariff treatment to all its African diplomatic partners and to all least-developed countries with which it has diplomatic relations.
UAE exit from OPEC signals desire for autonomy in an increasingly volatile oil industry
On a larger scale, Jumaa Mohammed, a politics professor at Iraq’s Tikrit University, argues that the OPEC has increasingly struggled to balance the differing production strategies of its members.
Kenya’s record fuel hike is the trigger consumers needed to inflame muted anger as Middle East crisis bites – analysts
On Tuesday, the country’s energy regulator raised the prices of super petrol and diesel by record margins of Ksh28.69 (about $0.22) per litre and Ksh40.3 per litre, respectively. The effects were immediate. In the public transport sector, operators, commonly known as matatus, raised fares by about 25 percent overnight.
Tanzanian government weighs possibility raising prices as Middle East crisis persists
Tanzanian Prime Minister Mwigulu Nchemba said on Sunday that the government is undertaking a comprehensive assessment of rising fuel prices, emphasising a cautious approach to avoid hasty decisions that could worsen the situation. Speaking to residents in the Chamwino District of the Dodoma Region, Nchemba said the ongoing evaluation is...
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