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Africa

Nigeria restores 275,000 bpd production at TotalEnergies JV

Nigeria's state oil firm NNPC Ltd said it had restored 275,000 bpd of oil production at its joint venture unit with Total Energies after negotiating an end to industrial action by workers.

Global fossil fuel production plans far exceed climate targets, U.N. says

Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said.

Nigeria's state oil firm launches new 'Nembe' grade of crude

Nigeria's state oil firm NNPC Ltd said it had launched a new grade of crude called Nembe, which is particularly suited to the European market.

Wizz Air wins 2nd consecutive CAPA Asia Aviation Summit award for SAF usage

For the second year in a row Wizz Air has been awarded the CAPA Global Environmental Sustainability Airline/Airline Group of the Year.

Nigeria brings major Dangote refinery to life with own oil supply

Nigeria's state oil firm NNPC Ltd will supply the new 650,000-bpd Dangote oil refinery with up to six cargoes of crude oil in December to be used in test runs.

Belgium drafting new fuel quality law targeting exports to Africa

Belgium is set to shut the door on rising exports of low-quality gasoline and diesel to West Africa as it follows the Netherlands in tightening environmental rules.

Uganda plans to hand over exclusive petroleum supply deal to Vitol

Uganda plans to hand over exclusive rights for supply of all petroleum products to a unit of global energy trader Vitol and end a system that sources the oil products through neighboring Kenya.

Nigeria's Kaduna refinery to reopen next year, produce 60,000 bpd

Nigeria aims to reopen its Kaduna oil refinery next year, with initial production of 60,000 bpd as part of plans to revive local refineries that have been mothballed for years.

Saudi minister says oil firm acquisitions show that hydrocarbons 'here to stay'

Saudi Energy Minister Prince Abdulaziz bin Salman said that acquisitions by major oil firms such as Chevron's $53 B all-stock deal to buy Hess showed that hydrocarbons were here to stay.

Sonangol partners with Chinese CNCEC to build Lobito refinery

Sonangol and China National Chemical Engineering Company signed, in the city of Lobito, Benguela, a contract for the construction of the Lobito Refinery.