Africa
Oil little changed as demand concerns offset Middle East tensions
Oil futures were little changed as rising concerns about global demand caused the market to take a break after prices jumped about 6% last week on worries that Middle East tensions could cause supply problems.
Shell resumes oil supply to Nigeria's state refinery ahead of restart
Shell Plc's Nigeria unit said it has resumed supply of crude oil from its Bonny export terminal to the state-owned refinery in Port Harcourt which is expected to start operations in the first quarter of this year.
Nigeria's Dangote refinery set to deliver first fuel
Nigeria's newly operating Dangote refinery is due to deliver its first fuel into the local market within weeks in a key milestone toward long sought energy independence for Africa's top oil exporter.
Belgium could pass law targeting export fuel quality in late March
The Belgian government aims to pass a law tightening the quality of exported fuels in the second half of March as it targets a profitable trade of lower-quality gasoline and diesel from Northern Europe to West Africa.
Shell agrees to develop Nigeria gas field for Dangote fertilizer
Shell Plc has made a final investment decision to build a gas supply facility in Nigeria to feed a fertilizer plant owned by Africa's richest man, Aliko Dangote.
SOCAR ships Azeri BTC oil to Thailand via Cape of Good Hope
Azerbaijan's state oil company SOCAR is shipping Azeri BTC oil to Thailand via Africa's Cape of Good Hope to avoid the Red Sea.
Traders divert Russian oil products around Africa to avoid Red Sea
Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s Iran-aligned Houthi group.
Guinea plans to replace blast-hit oil terminal in 2024
Guinea is studying proposals to build a new oil terminal in the capital Conakry within the next six to 12 months following an explosion in December that severely damaged its main storage facility.
Uganda in talks with UAE investment firm over planned oil refinery
Uganda is negotiating with an investment company led by a member of Dubai's royal family to develop a planned $4-B refinery for some of its crude oil.
Proactive Decision-Making for Emissions Management: The Roadmap to Net Zero
Industry leaders have committed to achieving net-zero carbon emissions by 2050.
- Renewable fuels project in Canada begins production 4/19
- Jet fuel demand growth lags as air traffic exceeds pre-pandemic level 4/19
- Jet2.com to use SAF at London Stansted Airport 4/19
- Neste and New Jersey Natural Gas target reducing greenhouse gas emissions with Neste MY Renewable Diesel 4/19
- Cepsa and Evos join up for green methanol storage in Spain and the Netherlands 4/19
- Russia's Bashneft oil company installs anti-drone nets to protect refineries 4/19
