Africa
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.
thyssenkrupp Uhde to provide technology for MOPCO's green ammonia plants in Egypt
thyssenkrupp Uhde has been selected by MOPCO – Misr Fertilizers Production Company (Egypt) – to supply advanced technology for three existing ammonia and urea plants in Damietta, Egypt, to enhance the sustainability of their production.
Egypt signs framework agreement to build $7-B petrochemical complex in New Alamein City
The Egyptian Ministry of Petroleum and Mineral Resources signed a framework agreement with the UK-based Shard Capital for the development of a $7-B petrochemical complex in New Alamein City, Egypt. The project will be developed in collaboration with Saudi Arabia's Al-Qahtani Group.
China refiners buy more Brazilian, W. African crude as sanctions, tariffs disrupt supply
Chinese refiners have stepped up purchases of Brazilian and West African crude as they reorganize sourcing around sanctions and tariff disruptions, and after prices of Middle Eastern grades surged.
TOYO awarded licensing and equipment supply contract for the first ever urea fertilizer plant in Angola
Toyo Engineering Corp. will license its proprietary urea technology for Amufert S.A.'s 4,000-tpd urea plant to be built in the Soyo region of the Republic of Angola.
Nigeria's Dangote refinery to operate at full capacity in 30 days
Nigeria's Dangote Oil refinery, Africa's largest, could begin operating at full capacity in 30 days, the head of the refinery said on Monday.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
