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Total pledges to invest USD 100 mln

The longest-serving fuel and lubricants marketing company in Ethiopia, Total Ethiopia SC, has pledged to invest USD 100 million in Ethiopia if the government makes adjustments on the profit margin of fuel distribution prices.

New authority to regulate petroleum, its business

The House of People’s Representatives (HPR) has approved a draft legislation for the establishment of Petroleum and Petroleum Products Supply and Distribution Regulatory Authority. First tabled before the House in April this year, entitled, ‘a Proclamation to provide for the Establishment of Petroleum and Petroleum Products Supply and Distribution Regulatory Authority, was referred to the Trade and Industry Affairs Standing Committee for further revision.

Addis Ababa mayor warns fuel stations

The Addis Ababa city administration deputy mayor Takele Uma (Eng.) has warned gas stations and petroleum companies operating in the city to properly discharge their responsibility.  

Fuel tanker trucks stranded in Western Gondar

In the wake of a clash between defense forces and local residents in Western Gondar, Amhara Regional State, on Wednesday fuel tanker trucks which were transporting gasoline from Sudan to Ethiopia have been stranded in Western Gondar.

PetroChina wins fuel tender

The Chinese oil firm, PetroChina, has won the bid put by the Ethiopian Petroleum Supply Enterprise (EPSE) for the supply of fuel in 2019.