Africa
Libya's NOC denies it is in talks to supply crude oil to Nigeria refinery
Libya's National Oil Corporation (NOC) has denied holding negotiations to supply crude oil to a refinery in Nigeria.
Nigeria's Dangote refinery said to be reselling crude
Nigeria's major Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday.
Nigeria investigates fuel imports after Dangote Refinery rift with regulator
Nigerian lawmakers have set up a committee to investigate crude shortages to local refineries and the importation of dirty fuels, issues at the heart of a rift between the Dangote Refinery and Nigeria's downstream oil regulator.
Nigeria's NNPC stake in Dangote refinery reduced over non-payment
Nigerian state-owned oil firm NNPC’s shareholding in Dangote refinery has been whittled down to 7.2% from 20% after failing to pay the balance of funding owed.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
Nigeria's NNPC seeks new oil-backed loan to boost finances, debt to gasoline suppliers has doubled
Nigeria's NNPC is in talks for another oil-backed loan to boost its finances and allow investment in its business, its chief executive said, as pressure mounts on the state-backed oil company the economy depends upon.
Africa could compete in fuel exports, but massive investments are needed
Africa could become a refined fuel exporter, with at least two top-notch refineries due to come on stream within the next five years, but it must overcome its dire infrastructure and a funding crunch.
South Africa has vast potential for SAF production
The International Air Transport Association (IATA) has called on South Africa to mobilize its experience, resources and infrastructure to accelerate the development of sustainable aviation fuel (SAF) production.
As Nigeria's gasoline debt hits $6 B, some traders back out
Nigeria's debt to gasoline suppliers has surpassed $6 billion - doubling since early April - as state oil firm NNPC struggles to cover the gap between fixed pump prices and international fuel costs.
Nigeria's Dangote refinery boosts gasoil exports to West African market
Nigeria's new Dangote oil refinery is increasing gasoil exports to West Africa, taking market share from European refiners.
- 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
