A shortage of fuel oil used by ships and power plants is expected to emerge in the third quarter (Q3) of 2026 as refiners affected by wars, refinery disruptions, and tanker traffic constraints prioritize diesel and ot...
The world might face an oil supply shortage following a steep drop in investments and a scarcity of fresh conventional discoveries, Saudi Aramco’s CEO, Amin Nasser, said, according to Reuters. Although unconvent...
Libya’s National Oil Corporation (NOC) dismissed the announcement that there is gas and fuel shortages in supplies to power stations. NOC affirmed that supplies are according to agreed quantities at Major Consumers Co...
The opening of three major power plants in March was the latest in Egypt’s efforts to end its electricity shortage crisis. The three power plants were designed and constructed by the German electronics manufacturing...
The scarcity of kerosene, used by millions of largely poor Nigerians for cooking, has hit major cities causing huge increase in price, Premium Times reported. In Lagos, the Nigeria Union of Petroleum and Natural Gas W...
Nigeria is planning to plant tracking devices on trucks as nearly a third of the country’s fuel supply is being stolen in the midst of crippling shortages in Africa’s largest oil producer, Bloomberg reported. About 30...
A government source informed Egypt Oil & Gas that the Cabinet is considering fuel suppliers offers to import oil from Iraq starting from January 2016. This was especially in light of the fuel crisis that periodica...
EGPC Vice Chairman for Operations, Amr Mostafa, told Egypt Oil & Gas that a decision was taken to pump 38,000 tons of diesel and 18,000 tons of gasoline to all fuel stations in the country to eliminate some of the...
Signs of a fuel crisis are beginning to emerge in Cairo neighborhoods after a number of gas stations ran out of fuel yesterday, reported Egypt Oil & Gas (EOG). Most of the gas stations were empty in Maadi, Shubra,...