Africa
Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra
Lloyd's Register (LR) has entered into a memorandum of understanding (MoU) with German developer DAI Infrastruktur GmbH (DAI) for Project Ra, a large-scale green ammonia production and bunkering development at East Port Said, Egypt.
Nigeria to export first gasoline cargo to Asia from Dangote refinery
A 90,000 metric ton cargo of gasoline from Nigeria's Dangote refinery will be sold out of the region for the first time and bound for Asia
Phelan Green Group's $2.6-B eMethanol project remains on schedule
In a key development, Phelan announced that the primary export product will now be eMethanol, a derivative of H2, to meet immediate global demand from the maritime, and aviation sectors.
Algeria launches $7-B investment plan to expand hydrocarbon processing
Algeria has allocated a $7-B investment portfolio for major industrial projects aimed at increasing the conversion rate of hydrocarbons into higher value-added products from 32% to 50% in the next 5 yr.
South Africa's $5.8-B Hive project aims to lead low-cost ammonia output
A $5.8-B project on South Africa's east coast seeks to use the country's infrastructure and cheap renewable power to make some of the world's cheapest green ammonia for clients in Europe and Asia.
Global oil refiners see short-term boost from higher margins
Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures have tightened fuel supply needed to meet peak summer demand.
Nigeria's Dangote oil refinery extends WTI buying spree into July
Nigeria's Dangote oil refinery will import at least 5 MMbbl of U.S. WTI crude oil in July, three trading sources said, extending its buying spree after a potential record tally for June.
Nigeria's Dangote refinery to run at reduced rates through October
The 650,000-bpd Dangote oil refinery in Nigeria is expected to operate its gasoline-making unit at reduced rates through October after a string of issues in recent months.
U.S. crude and fuel inventories fall, Nigerian crude imports jump
U.S. crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly six years.
ADNOC, TotalEnergies announce national launch of ADNOC Voyager lubricants in Egypt
ADNOC Distribution, in partnership with TotalEnergies Marketing Egypt (TEME), has announced the launch of ADNOC Voyager lubricants across Egypt.
- Veolia and SBM Offshore partner to deploy near-shore, floating desalination units 1/15
- Formosa Petrochemical extends Taiwan cracker shutdown due to weak derivative margins 1/15
- Cargill advances maritime Decarbonization with delivery of first green methanol dual-fuel vessel 1/15
- Key U.S. energy, power trends at home and on world markets 1/15
- U.S. to finalize 2026 biofuel quotas by early March, drop import penalties 1/15
- India's Nayara Energy buys only Russian oil in Dec for 5th straight month 1/15
