Africa
Nigeria's Dangote Refinery says it is operating normally after fire
Nigeria's Dangote Refinery is operating normally after a fire at its effluent treatment plant, it said on Wednesday, after videos circulated online of dark plumes of smoke at the 650,000-bpd facility.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
Egypt needs to import $1.18 B in fuel, natural gas to end power cuts
Egypt needs to import around $1.18 B worth of mazut fuel oil and natural gas to end persistent power cuts exacerbated by consecutive heat waves.
Nigeria's Dangote Refinery accuses oil majors of blocking local crude purchase
An executive of the Dangote Refinery said on Sunday oil majors were blocking its access to locally produced crude oil by selling it above market price or claiming it was unavailable, forcing the company to rely on expensive imports.
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Nigeria's Dangote owes $2.7 B for refinery construction
Nigerian billionaire Aliko Dangote says his petroleum refinery on the outskirts of Lagos owes $2.7 B in loans taken out to help build the 650,000-bpd plant.
Red Sea ships attacks push 47% more crude oil, fuels, refined products around Africa
Global crude oil and oil products shipments taking the long route between Asia, the Middle East and the West are up 47% since attacks began on vessels using the shorter Red Sea route.
Guinea signs alumina refinery deal with Emirates Global Aluminium subsidiary
Guinea has signed a non-binding agreement with a subsidiary of Emirates Global Aluminium for the construction of a major alumina refinery, the second one in the country.
Egyptian fertilizer plants shut down temporarily due to gas supply pressures
Gas supplies will gradually resume flowing as of Thursday to fertilizer factories in Egypt after several chemical and fertilizer companies shut down plants on a temporary basis.
Consortium signs MoU for the development of a green methanol facility in Egypt
AD Ports Group, Transmar and Orascom Construction have signed a Memorandum of Understanding (MoU) for the development of a green methanol storage and export facility in Egypt.
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