Africa

Quick wins on cutting methane dogged by a slow transition

The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.

TA'ZIZ signs supply deal with the Sanmar Group to export chemicals to Egypt and India

Al-Nasr Fertilizers Co., Benchmark and Envision Energy partner to build a 400,000-tpy green ammonia plant in Egypt

Libya's Sirte Co. restarts methanol II plant after more than 7 yrs

NOC said the second plant's resumption was a "significant step" that enhances Sirte's production capabilities and diversifies its products.

Nigerian oil firm NNPC seeks equity partners to revive refineries

Nigeria's Dangote refinery plans to expand to 1.4 MMbpd

The $20-B refinery on the outskirts of Lagos started operations in January 2024 and aims to end imports of refined petroleum products by Africa's biggest crude oil producer.

Mali strikes deal with Russia for petroleum products

Jama'at Nusrat al-Islam wal-Muslimin (JNIM) militants announced a blockade on fuel imports to the landlocked West African country in early September and have since attacked convoys of fuel tankers attempting to enter the country or reach the capital.

Egypt's Suez Canal Authority signs $2-B petrochemical complex deal

The first phase of the project aims to primarily produce polypropylene along with hydrogen.

Dangote refinery's gasoline unit operating at 60% capacity

The outage on the unit, which began in late August, helped improve export economics from Europe to West Africa to cover the shortfall, boosting European gasoline refining margins.

Indorama launches $210-MM investment program to boost domestic phosphate and fertilizer production