Africa
Update: Nigerian oil union launches nationwide strike after Dangote refinery dismisses workers
The walkout, launched on Monday, has escalated tensions in Africa's top oil producer, with analysts warning that if the dispute spreads to other unions, it could disrupt oil field operations, halt product flows and lead to fuel shortages at petrol stations.
Nigeria's oil union orders halt of gas supply to Dangote refinery over mass sackings
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) directed branches at major oil firms to enforce an immediate halt to crude and gas deliveries to the refinery.
Vitol, Sunoco take first gasoline cargo from Nigeria's Dangote to the U.S.
The delivery, on the tanker Gemini Pearl, marks a major milestone for the 650,000-bpd Dangote refinery, as energy market participants had been waiting to see when its production would start meeting strict U.S. motor fuels standards.
Nigeria's Dangote refinery gasoline unit could be shut for 2–3 months
The unit has been shut since around August 29 after catalyst leaks.
Angola plans first output at Cabinda oil refinery by year-end
The project, which will be Angola's second oil refinery, will help make sub-Saharan Africa's No. 2 crude producer less dependent on costly fuel imports amid government efforts to eliminate fuel subsidies that have triggered deadly protests.
Dangote Refinery cuts fuel price before planned sales to local Nigerian market
The latest price cut from 850 naira, effective from Aug 12, comes as the company targets fuel supply directly to retail stations, manufacturers, telecoms firms, and other large users, to boost supply of its products.
Sasol expects profit rebound on higher chemical prices and lower impairments
South African petrochemicals company Sasol expects a rebound in full-year profitability on the back of higher chemicals prices, tighter cost controls and lower asset writedowns, it said.
Dangote refinery imports 4,000 gas-powered trucks for local fuel distribution
In June, the oil refinery said it will begin directly supplying fuel to retail stations, manufacturers, telecoms firms, and other large users in August.
South African tax authorities extend jet fuel lifeline to airports
South Africa's fuels industry body Fuels Industry Association of South Africa (FIASA) welcomed a year-long extension from tax authorities to special licenses for importing and storing jet fuel, helping to avert a potential supply crisis at major airports.
Nigeria's Dangote refinery plans 15-d shutdown of gasoline unit
The shutdown is for urgent repair work on the regenerator section due to a significant catalyst loss issue.
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