Africa
BP and Area 4 partners sign LNG SPA for Mozambique
BP and the Area 4 concession partners entered into a sales and purchase agreement for BP to purchase 100% of the LNG produced by the Coral South FLNG facility.
Global Project Data
New project announcements have hovered in the low teens for several months.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Production at Nigeria's Warri refinery unaffected by nearby explosion
Crude oil production at Nigeria's Warri refinery in the country's restive Niger Delta region has not been affected by an explosion heard near the site.
Gabon's Sogara oil refinery shut due to post-election violence
Gabon's sole oil refinery in Port Gentil has been shut due to violence following the disputed August 27 presidential elections.
Chemex Modular to expand Niger Delta refinery
Chemex Modular reached terms in principle with Niger Delta Petroleum Resources to expand it's existing refining capacity to 11 Mbpd.
Freedonia Group: Global demand for refining catalysts to reach $4.7 B in 2020
Global demand for the refining catalysts market, which includes catalysts used in fluid catalytic cracking (FCC), hydroprocessing, alkylation, reforming and other applications, is forecast to grow 3.6%/yr to $4.7 B in 2020.
Uganda granting production licenses to support future refinery
Uganda targets the construction of a $2.5-B refinery to process more of the oil resources it discovered in 2006.
Sonangol suspends construction of Lobito refinery and Barra do Dande terminal
Sonangol suspended construction of the Lobito refinery and ocean terminal of Barra do Dande to reassess the development and implementation of these projects.
South African fuel strike ends as union signs new pay offer
South Africa's petroleum sector employers and striking workers signed a new two-year wage deal on Wednesday, ending a three-week strike that caused limited supply disruptions.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
