Africa
Nigeria's Dangote Refinery, others seek 597,700 bpd of oil amid tight supply
Nigerian refineries, including the Dangote Refinery, have raised their domestic crude requirements for the second half of 2024 to 597,700 bpd from 483,000 bpd in the first half, the national oil regulator said, despite tight domestic supply.
Shard Capital proposes $7-B petrochemical complex in Egypt
Egypt's Ministry of Petroleum and Mineral Resources announced that Shard Capital has proposed constructing a $7-B petrochemical complex in Egypt's New Alamein Industrial Zone.
Egypt aims to keep diesel prices subsidized
Egypt will aim to keep the price of diesel - one of the country's most commonly used fuels - subsidized by raising other petrol prices, Prime Minister Mostafa Madbouly said.
Angola's new 30,000-bpd Cabinda refinery to start up later this year
Angola’s new Cabinda crude oil refinery is on track to start up later this year before ramping up to full first phase production of 30,000 bpd by July next year.
Libya's NOC denies it is in talks to supply crude oil to Nigeria refinery
Libya's National Oil Corporation (NOC) has denied holding negotiations to supply crude oil to a refinery in Nigeria.
Nigeria's Dangote refinery said to be reselling crude
Nigeria's major Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday.
Nigeria investigates fuel imports after Dangote Refinery rift with regulator
Nigerian lawmakers have set up a committee to investigate crude shortages to local refineries and the importation of dirty fuels, issues at the heart of a rift between the Dangote Refinery and Nigeria's downstream oil regulator.
Nigeria's NNPC stake in Dangote refinery reduced over non-payment
Nigerian state-owned oil firm NNPC’s shareholding in Dangote refinery has been whittled down to 7.2% from 20% after failing to pay the balance of funding owed.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
Nigeria's NNPC seeks new oil-backed loan to boost finances, debt to gasoline suppliers has doubled
Nigeria's NNPC is in talks for another oil-backed loan to boost its finances and allow investment in its business, its chief executive said, as pressure mounts on the state-backed oil company the economy depends upon.
- Yara begins production of renewable-based ammonia in Brazil 12/9
- Two dead, 9 injured, 4 missing in blast at Eni site near Florence 12/9
- Gentari to supply large-scale, carbon-free energy to AMG Ammonia's new green ammonia facility 12/9
- Aramco, TotalEnergies and SIRC assess the development of SAF unit 12/9
- Hycamite, MOLEA and MOL PLUS sign MoU to promote methane-splitting for power generation and marine vessel propulsion 12/9
- California law and refinery closure reflect ongoing challenges for state’s fuel market 12/9
