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.
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.
South Africa’s Department of Energy announced that a liter of petrol 93 ULP and LRP will rise by $0.04 a liter, while a liter of 95 ULP and LRP will increase by $0.03.
The government of Mozambique has announced that all measures has been put in place and the country is ready to switch to low-Sulphur diesel from starting from June.
The Egyptian General Petroleum Corporation (EGPC) has launched two oil tenders to import 1.012m tons of diesel to be received in February and March 2017.
Egypt's fuel imports bill reduced by 9% due to decrease consumption of power plants, vehicles, and demand in general during the winter months when compared to the warmer summer season.
The Egyptian General Petroleum Corporation (EGPC) is considering to launch a tender to import 700,000 tons of benzene, diesel, and, mazut oil, with the Ministry of Finance securing $300m to buy the needed cargos by m ...