Africa
Trump's sanctions threat looms over Russian oil exports to China, India and Turkey
U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees to a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China, India and Turkey.
Nigeria's Dangote refinery plans 1.6-MMbbl fuel storage tanks in Namibia
Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 MMbbl of gasoline and diesel to supply refined fuel to southern Africa.
Angola hikes diesel price again to bolster public finances
Angola hiked the diesel price by one-third from Friday as part of the government's drive to curb costly subsidies and shore up public finances.
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.
- PyroGenesis announces completion of coke-oven gas valorization and H2 production project for Tata Steel 7/15
- New protein-based system enables plastic recycling with reusable enzymes 7/15
- CF Industries starts Donaldsonville (U.S.) Complex CO2 dehydration and compression unit, permanent CO2 sequestration 7/15
- Emerson introduces GenAI-enabled automation for power and water industries 7/15
- Trump's sanctions threat looms over Russian oil exports to China, India and Turkey 7/15
- China state refiners ramp up output on rising demand, stock rebuild 7/15
