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Africa

Africa grapples with energy crisis as Iran war disrupts fuel supplies

The supply disruptions follow escalations in the U.S.-Israel conflict with Iran, which have hit oil and liquefied natural gas shipments through the Strait of Hormuz, a key route for about one-fifth of global energy supplies.

Nextchem (Maire) awarded feasibility studies contract for two plastic upcycling projects in Africa and Asia

Middle East shock gives Dangote refinery leverage as cheap imports dry up

Shell Catalysts & Technologies completes successful warranty test run of Shell Turbo Technologies at Gbaran CPF in Nigeria

As part of the Gbaran Phase 3B – Uzu development, Shell’s patented turbo column internals were installed in two triethylene glycol (TEG) dehydration trains during scheduled turnarounds.

Indorama Ventures' consortium to develop state-of-the-art rPET facility in Nigeria

IEA announces record release of strategic stocks in response to Iran war oil price surge

The IEA said the release had been backed unanimously by 32 member countries, the sixth such move it has made since its creation in the 1970s.

KBR awarded 10-yr global catalyst supply contract for Indorama

Qatar halts LNG output, Saudi refinery, Israeli oil, gas fields shut amid Mideast strikes

Angola's state oil firm Sonangol seeks $4.8-B loan from China for refinery

The financing, if completed, will mark the first borrowing by the Southern African oil producer from China since 2017, when it opted to reduce its exposure to resource-backed loans.

Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion

The additional equipment is expected to support major projects under construction across refining, petrochemicals, agriculture and infrastructure.