Africa
Nigeria seeking operators for state-owned oil refineries
Nigeria's state-owned NNPC Ltd. oil company said it has started the tender process for the operation of the Warri and Kaduna refineries, which are scheduled to begin processing crude this year.
AFC leads financing for Africa's largest gas-to-methanol complex
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas and turning it instead into a valuable chemical for solvents, paints, plastics and car parts.
Asia leads in fuel oil imports from Nigeria's Dangote, but volumes may fall
Asia has become the top destination for Nigeria Dangote refinery's low-sulfur straight run (LSSR) fuel oil exports in 2024 so far, though trade sources expect volumes to taper off going ahead.
Nigeria to start selling oil in local currency to Dangote refinery from October
Nigeria will start selling crude oil in its naira currency to the Dangote refinery from Oct. 1 in a move aimed at easing foreign exchange pressure on the country's main oil refinery.
Sasol to act on underperforming assets after $3-B writedown
Sasol will take "decisive action" following a review of its underperforming chemicals units, CEO Simon Baloyi said on Tuesday after the South African petrochemicals company announced a $3-B asset writedown due to depressed prices.
Ghana begins construction of $12-B petroleum hub
Ghanaian President Nana Akufo-Addo has broken ground on the construction of a 300,000-bpd oil refinery that the government hopes will turn the West African country into the region's petroleum hub.
Russia's fuel supplies to Asia around Africa hit record high in July
Russia's seaborne exports of oil products to Asia via the Cape of Good Hope almost doubled month-on-month in July to a record high of 1.1 metric MMt, as more vessels take the route around Africa to avoid the Suez Canal shortcut.
Nigerian army destroys 27 illicit refineries, seizes stolen oil
Nigerian army troops have destroyed at least 27 illicit refining sites and seized stolen crude oil following raids this week on illegal oil bunkering sites in the Niger River delta.
Nigeria's Dangote Refinery, others seek 597,700 bpd of oil amid tight supply
Nigerian refineries, including the Dangote Refinery, have raised their domestic crude requirements for the second half of 2024 to 597,700 bpd from 483,000 bpd in the first half, the national oil regulator said, despite tight domestic supply.
Shard Capital proposes $7-B petrochemical complex in Egypt
Egypt's Ministry of Petroleum and Mineral Resources announced that Shard Capital has proposed constructing a $7-B petrochemical complex in Egypt's New Alamein Industrial Zone.
- South Korea plans mix of sustainable aviation fuel for international flights from 2027 8/30
- India's Bharat Petroleum Corp. to boost integrated refining-petrochemical capacity by 2030 8/30
- U.S. EPA extends emergency fuel waiver for Midwest states due to refinery outage 8/30
- Czech police safely detonate World War 2 bomb at oil refinery 8/30
- U.S. Patent Office issues 4th patent for Alternative Environmental Technologies’ Sulfex™ desulfurization tech 8/30
- Russian diesel output set to fall 7.5% m/m to 7 MM tonnes in August 8/30
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- The effects of cooling water parameters on condenser brass tubes
