Friday, April 19, 2024

Tag: Petroleum

TRAFIGURA lands 2018 petroleum supply contract

The Ethiopian Petroleum Supply Enterprise (EPSE) on Wednesday signed a petroleum supply agreement with an international oil trading firm, TRAFIGURA PTE LTD.

Currency devaluation raises fuel price hike fears

The recent currency devaluation introduced by the National Bank of Ethiopia (NBE) is feared that it will lead to an increase in the price of petroleum products.

Ministry to present oil companies revised profit margin to Council of Ministers

 The Ministry of Trade will soon present a draft proclamation that proposes increment on profit margins for oil companies engaged in petroleum products distribution in the country.   

​ Petroleum Enterprise to float fuel tender

The Ethiopian Petroleum Supply Enterprise (EPSE) will float an international open tender inviting companies to supply petroleum products to the country for the 2018 fiscal year.