Africa
Uganda signs deal with UAE investment firm over 60,000-bpd oil refinery
Uganda signed an oil refinery agreement with UAE-based Alpha MBM Investments for a 60% stake in a crude oil refinery in Kabaale, Hoima District.
Glencore's South African refinery invests in cleaner fuels
Astron Energy, a unit of global commodity trader Glencore, will invest up to 6 B rand ($328 MM) to install new equipment and become compliant with South Africa's cleaner fuel specifications ahead of a 2027 deadline.
U.S. jet fuel imports surge as Nigeria's Dangote refinery pushes barrels west
U.S. jet fuel imports are set to hit a 2-yr high in March after Nigeria's Dangote refinery pushed barrels to North America, which should lower prices of the aviation fuel in the peak summer travel season.
Nigeria's Dangote refinery says it will suspend fuel sales in local currency
Nigeria's huge Dangote petroleum refinery announced on Wednesday that it was temporarily suspending fuel sales in the local naira currency to avoid a mismatch between sales in naira and purchases of crude in dollars.
Gasoline unit at Nigeria's Dangote oil refinery to undergo maintenance in June
Nigeria's Dangote oil refinery will shut its 204,000-bpd gasoline-making unit for 30-d maintenance tentatively expected to start on June 1.
Indian refiners turn to Latin America, Africa to replace Russian oil in Feb.
India's crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions.
Nigeria's NNPC, Dangote refinery in talks to extend naira-based crude supply deal
Nigeria's state oil company NNPC Ltd. has begun discussions with the Dangote oil refinery to extend its contract for supplying crude oil in the naira currency.
Morocco approves green hydrogen projects worth $32.5 B
A Moroccan government committee approved green hydrogen projects aiming to produce ammonia, steel and industrial fuel worth a total of 319 billion dirhams ($32.5 B).
MAIRE awarded various EPC contracts, totaling $3.5 B
MAIRE announced that its subsidiaries TECNIMONT, KT-Kinetics Technology and NEXTCHEM and have been granted new awards for a total amount of approximately $3.5 billion for engineering and procurement and construction activities related to petrochemical and hydrotreating projects, as well as high value engineering services for a waste to chemical project.
KBR awarded PMC contract for $2-B fertilizer plant in Angola
As part of the $2-B project, KBR will provide project management services overseeing engineering, procurement, and construction phases. The facility will produce 2,300-tpd ammonia and 4,000-tpd urea.
- Dow Chemical, X-energy to advance nuclear project at Dow's Seadrift chemicals facility (U.S.) 3/31
- Varo buys Swedish refiner Preem in bet on biofuels 3/31
- Cenovus refinery in Ohio (U.S.), plans to shut multiple units for 6 weeks for maintenance 3/31
- INEOS Enterprises completes the sale of INEOS Composites to KPS Capital Partners for €1.7 B 3/31
- Willis Sustainable Fuels selects FT CANS to boost sustainable aviation fuel production in the UK 3/31
- Uganda signs deal with UAE investment firm over 60,000-bpd oil refinery 3/31
