Africa
Oil shipments from Georgia's Batumi port fall by more than a third in 2017
TBILISI (Reuters) — Oil and related shipments from Georgia's Black Sea port of Batumi fell 37.6% in 2017, a senior official at the terminal, operated by Kazakh KazMunaiGas , said on Friday.
Tanzania increases fuel prices due to rising crude costs
DAR ES SALAAM (Reuters) — Tanzania's energy regulator raised the maximum price for petrol, diesel and kerosene on Wednesday, citing rising international crude oil prices.
Nigeria's state oil firm more than doubles fuel supply amid run on petrol
ABUJA (Reuters) — Nigeria's state oil firm said on Thursday it has more than doubled the daily supply of fuel for motorists to 80 MM liters, amid a run on petrol that has seen queues lasting hours at filling stations around the country.
Nigeria's rush for petrol could save Europe's sagging margins
LONDON (Reuters) — Nigeria's rush to keep its citizens supplied with fuel is expected to boost purchases of European gasoline in December, offering a potential respite to European refineries and storage terminals threatened by an oversupply that has battered margins.
Fluor awarded contract for Vopak fuel storage terminal
IRVING, Texas and WOODMEAD, South Africa — Fluor Corporation announced that it was awarded an engineering, procurement and construction management contract by Vopak Terminal Durban (Pty) Ltd. to deliver the Vopak Growth 4 Project in Durban, South Africa.
Nigerian motorists queuing for fuel told there are no shortages
ABUJA (Reuters) — Nigeria’s state oil company assured motorists on Tuesday there was no shortage of petrol and urged them not to engage in panic buying after long queues built up at filling stations.
South Africa to hike petrol, diesel prices in December
JOHANNESBURG (Reuters) — The retail price of petrol and the wholesale price of diesel in South Africa will increase from Wednesday due to a weaker rand currency and higher crude oil prices, the energy department said on Monday.
South Africa eyes BRICS partners to build new $10 B refinery
CAPE TOWN (Reuters) — South Africa wants the national oil companies of its BRICS partners to help build a new 400,000-bpd refinery that will be structured by senior debt and equity, energy minister David Mahlobo said on Tuesday.
Middle East, US crude oil curbs Indian appetite for African supplies
NEW DELHI (Reuters) — India's imports of African crude oil in October plunged to their lowest in over four years, with the world's No.3 oil consumer increasingly turning to cheaper supplies from the United States and heavier Middle Eastern grades, ship tracking data showed.
Dangote selects AspenTech software for its refinery
BEDFORD, Mass. — Aspen Technology, Inc., the asset optimization software company, announced that the Dangote Group, the largest conglomerate in West Africa and one of the largest on the African continent, has selected Aspen PIMS-AO software for economic and operational planning.
- 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
