Environment & Safety Gas Processing/LNG Maintenance & Reliability Petrochemicals Process Control Process Optimization Project Management Refining

Africa

Nigeria's Dangote owes $2.7 B for refinery construction

Nigerian billionaire Aliko Dangote says his petroleum refinery on the outskirts of Lagos owes $2.7 B in loans taken out to help build the 650,000-bpd plant.

Red Sea ships attacks push 47% more crude oil, fuels, refined products around Africa

Global crude oil and oil products shipments taking the long route between Asia, the Middle East and the West are up 47% since attacks began on vessels using the shorter Red Sea route.

Guinea signs alumina refinery deal with Emirates Global Aluminium subsidiary

Guinea has signed a non-binding agreement with a subsidiary of Emirates Global Aluminium for the construction of a major alumina refinery, the second one in the country.

Egyptian fertilizer plants shut down temporarily due to gas supply pressures

Gas supplies will gradually resume flowing as of Thursday to fertilizer factories in Egypt after several chemical and fertilizer companies shut down plants on a temporary basis.

Consortium signs MoU for the development of a green methanol facility in Egypt

AD Ports Group, Transmar and Orascom Construction have signed a Memorandum of Understanding (MoU) for the development of a green methanol storage and export facility in Egypt.

Goldman Sachs: Global LNG market to grow by 50% by 2029

Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.

U.S. Gulf Coast imports of straight-run fuel oil at record as global supply jumps

Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks.

bp, Shell agree to sell their shares in South Africa's SAPREF refinery

bp Southern Africa and Shell Downstream South Africa have reached an agreement for the sale of their respective 50% ownership assets located at the SAPREF Refinery Precinct to the South African state-owned entity, Central Energy Fund SOC Ltd.  

Belgium tightens fuel export specifications

The Belgian government plans to publish a royal decree that tightens the minimum specifications of motor fuel exports quality.

ADNOC to acquire 10% equity stake in major LNG development in Mozambique

ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.