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Africa

Neste and ENOC Group enter into collaboration to drive SAF initiatives in Dubai and the MENA Region

Neste and ENOC Group, a leading integrated global energy player, have agreed to collaborate to explore the possibilities of supplying and purchasing SAF in Dubai and the wider Middle East North Africa region in the coming years.

Industry Primer: What is OPEC+ and how does it impact oil prices?

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss their joint output policy.

Nigeria gets refineries investment, forex pledge from Saudi Arabia

Nigeria and Saudi Arabia agreed to a series of investment and cooperation deals, including a pledge by the Saudi government to invest in the revamp of Nigeria's oil refineries and provide financial support to sustain the government's foreign-exchange reforms.

Nigeria restores 275,000 bpd production at TotalEnergies JV

Nigeria's state oil firm NNPC Ltd said it had restored 275,000 bpd of oil production at its joint venture unit with Total Energies after negotiating an end to industrial action by workers.

Global fossil fuel production plans far exceed climate targets, U.N. says

Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said.

Nigeria's state oil firm launches new 'Nembe' grade of crude

Nigeria's state oil firm NNPC Ltd said it had launched a new grade of crude called Nembe, which is particularly suited to the European market.

Wizz Air wins 2nd consecutive CAPA Asia Aviation Summit award for SAF usage

For the second year in a row Wizz Air has been awarded the CAPA Global Environmental Sustainability Airline/Airline Group of the Year.

Nigeria brings major Dangote refinery to life with own oil supply

Nigeria's state oil firm NNPC Ltd will supply the new 650,000-bpd Dangote oil refinery with up to six cargoes of crude oil in December to be used in test runs.

Belgium drafting new fuel quality law targeting exports to Africa

Belgium is set to shut the door on rising exports of low-quality gasoline and diesel to West Africa as it follows the Netherlands in tightening environmental rules.

Uganda plans to hand over exclusive petroleum supply deal to Vitol

Uganda plans to hand over exclusive rights for supply of all petroleum products to a unit of global energy trader Vitol and end a system that sources the oil products through neighboring Kenya.