Africa
Editorial Comment: Hydrocarbon Processing forecasts $361 B in total HPI spending in 2018
What is the state of the global hydrocarbon processing industry (HPI)?
South Africa eyes BRICS partners to build new $10 B refinery
CAPE TOWN (Reuters) — South Africa wants the national oil companies of its BRICS partners to help build a new 400,000-bpd refinery that will be structured by senior debt and equity, energy minister David Mahlobo said on Tuesday.
Middle East, US crude oil curbs Indian appetite for African supplies
NEW DELHI (Reuters) — India's imports of African crude oil in October plunged to their lowest in over four years, with the world's No.3 oil consumer increasingly turning to cheaper supplies from the United States and heavier Middle Eastern grades, ship tracking data showed.
Dangote selects AspenTech software for its refinery
BEDFORD, Mass. — Aspen Technology, Inc., the asset optimization software company, announced that the Dangote Group, the largest conglomerate in West Africa and one of the largest on the African continent, has selected Aspen PIMS-AO software for economic and operational planning.
Nigeria supports OPEC cut extension under ‘the right terms’
ABUJA (Reuters) — Nigeria supports an extension of a deal between OPEC, Russia and other non-members to cut oil supply until the end of 2018 "as long as the right terms are on the table" regarding its own participation, its oil minister said.
Egypt gasoline consumption fell 4.2% in July–Sept
CAIRO (Reuters) — Gasoline consumption in Egypt fell by 4.2% and diesel consumption by 7.1% in the first quarter of the 2017–2018 fiscal year, which began in July, the oil minister said.
South Africa's petrol, diesel prices to increase in November
JOHANNESBURG (Reuters) — The retail price of petrol and the wholesale price of diesel in South Africa will increase from Wednesday due to a weakening of the rand against the dollar, the energy department said on Sunday.
Nigeria's gasoline price cap hurting industry, costing economy
LAGOS (Reuters) — Nigeria must remove its gasoline price cap to prevent shortages, enable investment and keep the government from using valuable resources to import fuel, delegates at the OTL Expo in Lagos said on Wednesday.
Angolan crude exports to rise in Dec, W. Africa offers steady
LONDON (Reuters) — Angolan crude exports are scheduled to rise in December, a loading program showed on Monday, while offers of remaining November cargoes were heard to be holding steady.
Nigerian lawmakers to probe state oil firm corruption allegations
ABUJA (Reuters) — Nigerian lawmakers have set up a committee to investigate allegations of corruption at the state oil company contained in a letter from the minister of state for petroleum.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
