Vitol reaches debt deal with fire-ravaged Cameroon refiner
Cameroon has renegotiated its refinery debt with trader Vitol, bringing it into line with an agreement reached last year with domestic banks.
Refining
Zambia talks oil with Saudi, as IMF steps in to support plans
Zambia is in talks with Saudi Arabia to secure fuel supplies, while also seeking support from the International Monetary Fund (IMF).
NSCDC stands accused of extorting fuel retailers
A Nigerian law enforcement agency has launched an investigation into its own officers following reports that they were extorting independent fuel suppliers.
Delayed Dangote launch to end Nigeria’s fuel imports, Kyari says
The major Dangote Refinery project, near Lagos, will come on stream “latest by the middle of next year”, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari has said.
Equatorial Guinea signs up foreign support for refinery construction
Two Chinese companies have signed a framework agreement to build a modular refinery in Equatorial Guinea.
Sasol outage means all South African oil refineries are now shut
Sasol Ltd., South Africa’s largest fuel producer, declared force majeure on the supply of petroleum products due to delays in deliveries of crude to the Natref refinery it owns with TotalEnergies, leaving just a fraction of the country’s fuel-production capacity still operational.
Eni commissions Luanda refinery unit, while Zambia talks product pipelines
Angola has inaugurated a new unit at the Luanda refinery, with Zambian officials expressing their interest in securing fuel supplies from their neighbour.
Nigeria faces uphill battle to tackle its oil spill issues
Nigeria has long had issues with safety, not least in keeping workers safe from militants. The government has shown little sign of tackling the problem among legal operations, let alone the safety challenges of widespread illicit bunkering and refining.
South Africa’s power woes pile on diesel price pressure
South Africa’s government is facing increased opposition on the topic of fuel prices, driven by global demand but also by Eskom’s increased needs.
HYPREP talks up Ogoniland power connection within 12 months
The Hydrocarbon Pollution Remediation Project (HYPREP) is working on a plan to connect Ogoniland to the Nigerian power grid, in an extension of its original focus on remediating polluted lands.
NOC declares Gulf of Sirte force majeure, criticises oil minister
National Oil Corp. (NOC) has declared force majeure at Es Sider and Ras Lanuf, joining the Brega and Zueitina terminals.
Ghana protests prices, while government scrambles on refinery, pipeline
Ghana’s government is taking steps to tackle the fuel crisis, but protests are on the rise at the high price of living.
Hero saves Nigerian town from flaming tanker
A Nigerian driver drove a flaming tanker out of a Delta State community on June 11, winning plaudits for his heroism.
Petrojet, Taqa sign deals on Equatorial Guinea work
Egyptian companies have struck deals to carry out work in Equatorial Guinea, according to recent high-level talks.
Chinese companies sign on to MTBE build in Algeria
Sonatrach has signed a contract for China National Technical Import & Export Corp. (CNTIC) and Sinopec Luoyang Engineering (LPEC) to build a methyl tert-butyl ether (MTBE) facility at Arzew.
SERAP files suit against president over mismanaged refineries
A Nigerian NGO has filed a lawsuit against Nigerian President Muhammadu Buhari over a string of alleged failures at the country’s four refineries.
Angola visits Houston, checks in on Cabinda refinery work
VFuels is making progress with its Cabinda refinery work at facilities in Houston, with equipment passing its factory acceptance testing (FAT).
Floods trigger Sasol force majeure
Floods in KwaZulu-Natal have disrupted some of Sasol’s chemical exports, the company has said, while reaffirming its hedging plans.
Petrol handout at Lagos party raises police ire
A Nigerian socialite has apologised for handing out petrol as a souvenir at a recent event in Lagos.
Report: Nigeria’s production shortfall disrupts fuel imports
Nigerian National Petroleum Corp. (NNPC) has run short of oil production, local reports have said, reducing its ability to meet domestic fuel needs.
Glencore pumps more oil, while “managing down”
Glencore has reported strong earnings for 2021, although in terms of energy it was largely driven by coal, rather than oil.
El Molla oversees slew of deals at Egypt show
Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has struck deals with Apache and Yemen, while backing plans for an Egyptian company to pursue petrochemical works in Nigeria.
BP, Shell to shutter South African refinery
BP and Shell are putting refinery operations at their Sapref plant on pause by the end of March, while considering a sale.
NNPC blames Litasco cargoes for fuel woes
Nigerian National Petroleum Corp. (NNPC) has named and shamed importers for bringing in sub-standard fuel products.
IMF counsels end to subsidies, as Nigeria talks extensions
Nigeria is benefiting from higher oil prices, the International Monetary Fund (IMF) has said, but its deficit will widen this year.