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AllAfrica News: Petroleum

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[New Times] Rwanda has spent Rwf47.7 billion on fuel subsidies between March and June 2026 to cushion consumers and businesses from rising petroleum prices, Prime Minister Justin Nsengiyumva has said.

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[New Times] Rwanda's new fuel supply agreements with Kenya and Tanzania could reduce pump prices by between 10 and 30 per cent over the next three years if fully implemented, according to a trade economist.

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[New Era] Lagos -- Africa's richest man, Aliko Dangote, will build a 700 000-barrels-per-day East African oil refinery in Lamu on the Kenya coast, a senior company official said on Tuesday, ending speculation about the mega-project's location.

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[Botswana Daily News] Gaborone -- The country's fuel storage capacity is envisaged to reach 55 days' cover by the first quarter of the 2027/28 financial year.

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[Scrolla] Diesel's projected price cut for August dropped by more than 35 cents a litre in a single day of trading. Petrol's projected cut nearly halved overnight, as oil prices reacted to Donald Trump's comments on the Iran ceasefire.

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