Africa
Borouge enters into agreement to expand footprint in East Africa
Borouge Plc, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, has entered into a Distribution Agreement with one of the biggest polyolefin distributors in East Africa, Somochem.
Borouge supplies materials worth $32 M for mega projects in the Middle East and Africa
Borouge Plc is supplying sustainable ‘Made in UAE’ polyethylene materials worth $32 M that are used in several development projects across the Middle East and Africa regions.
Russia diesel exports to Brazil, Turkey and Africa seen hitting new high
Russia's diesel and gasoil shipments to Brazil, Turkey and Africa were heading to new record highs in March as traders pushed into new markets following an EU ban on Russian oil products.
TFG Marine targets 20% bunker sales rise through expansion
TFG Marine, majority owned by commodities trader Trafigura, aims to increase its marine fuel sales volume by up to 20% this year through expansion in Africa, the UK and the Mediterranean, a senior company executive said.
CEO of Angola's new $1-B Cabinda refinery sees 2024 start-up
The Cabinda refinery project is one of three new refineries planned for Africa's second biggest crude oil producer aiming to reduce its dependence on importing almost all its domestic refined product needs.
Tunisia imported record number of Russian diesel/gasoil in February
Tunisia imported record volumes of Russian gasoil and diesel last month as an EU embargo forced Moscow to find new customers for its oil products.
Egypt increases gasoline prices in line with global levels
Egypt raised domestic gasoline prices, bringing them more in line with global levels but risking further public discontent after a year of rising inflation, a weakening currency and a series of austerity measures.
How a ban on Russian crude affects EU's refining industry
A look at how a ban on Russian crude affects oil exports and the EU's refining industry
Sasol and Topsoe create JV to develop sustainable aviation fuel
Sasol and Topsoe have signed a Memorandum of Understanding (MoU) with the intent to establish a 50/50 JV in 2023 to develop sustainable aviation fuel solutions.
Global refiners falter in efforts to keep up with demand
Refiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices and aggravating shortages from big consumers like the United States and Brazil to smaller countries like war-ravaged Ukraine and Sri Lanka.
- Asia-Pacific ports advance cross-sector hydrogen and eFuel readiness 4/30
- THUNDER project launches to advance carbon-neutral eMethanol production in Europe 4/30
- Lantern LNG selects Honeywell Process and Automation Technologies to drive 12-MMtpy Matagorda Bay facility 4/30
- CIRCOR releases biofuel upgrade kit 4/30
- LANXESS inaugurates new lubricant additives manufacturing plant in India 4/30
- Repsol plans to boost jet fuel output as Iran war disrupts global supply 4/30
