South Korea's S-Oil, the country's third-largest refiner, has signed a $1b deal to sell a combined 38m barrels of diesel, naphtha and jet fuel this year to Saudi Aramco.
The Petroleum Facilities Guard (PFG) has removed itself from the Zawiya refinery in Libya after the National Oil Corporation (NOC) accused them of fuel smuggling.
Nigeria recorded the biggest oil production decline among Organization of Petroleum Exporting Countries (OPEC) members in December, as output dropped by 200,000 barrels to 1.45mb/d.
Kenya Power said that a technical fault at one of its substations in the north of the capital has caused an electricity outage that was affecting Nairobi, Mount Kenya and Coast regions.
Tanzania's energy regulator lowered maximum retail prices for diesel and kerosene early January but marginally raised the limit for petrol to reflect changes in global energy costs.
Bahrain LNG, developer and owner of the kingdom’s first receiving and regasification terminal for liquefied natural gas (LNG), will start the construction work on its new terminal in January and complete it by 2019.