Petroleum
Every petrol station in Kenya features red buckets filled with sand, which are mandatory lifesaving tools against fire disasters. These buckets are not just decorative; they smother flames and absorb fuel spills. National regulations require them to ensure safety in high-risk areas.
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Aliko Dangote has withdrawn his earlier petition to the ICPC accusing the former head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of corruption, marking a resolution to the regulatory dispute.
The Kenya Revenue Authority has given petroleum retailers one month to fully adopt the electronic Tax Invoice Management System for fuel outlets. Non-compliance after December 31, 2025, will trigger enforcement actions starting in January. The system aims to boost transparency and curb revenue losses in the sector.
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Foreign Minister Badr Abdelatty and Minister of Petroleum and Mineral Resources Karim Badawi held a high-level meeting to discuss enhanced cooperation between their ministries. The talks focused on attracting greater foreign investment into Egypt’s petroleum sector and opening new avenues for Egyptian companies to compete globally through the Egypt Exploration and Production (E&P) Gateway. Both ministers reaffirmed their commitment to strengthening Egypt’s role as a regional hub for energy trade and transit.