Africa
Russia begins diesel exports to Sudan
Russia has begun diesel exports to Sudan as Moscow seeks new markets for its refined products after an EU embargo.
OCP and Fortescue to partner to develop green energy, hydrogen and ammonia in Morocco
OCP Group and Fortescue Energy announced a landmark JV in Morocco which aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets.
Nigeria's Dangote refinery supplies petroleum products to local market
Nigeria's Dangote oil refinery started supplying petroleum products to the local market, a company executive and fuel marketing associations said, a major step in the country's quest for energy independence.
Global Project Data: Spotlight on petrochemicals
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,100 active projects in the hydrocarbon processing industry (HPI).
Global refinery capacity totaling 3.6 MM bpd at high-risk of closure
As much as 3.6 MM bpd of global refinery capacity has been assessed as being under high-risk of closure, according to Wood Mackenzie’s latest refinery closure threat analysis.
More than 20% of global oil refining capacity at risk, analysis finds
More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published, as gasoline margins weaken and the pressure to reduce carbon emissions mounts.
Nigeria's Dangote oil refinery could accelerate European sector's decline
Nigeria's giant Dangote oil refinery could bring to an end a decades-long gasoline trade from Europe to Africa worth $17 B a year, heaping pressure on European refineries already at risk of closure from heightened competition.
SAF costs must be lower, ExxonMobil VP says
Costs are the main obstacle to increasing the use of SAF said ExxonMobil Senior Vice President Jack Williams.
Global LNG market will 'be tight' until 2026 - TotalEnergies CEO
The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.
Nigeria announces reforms to lure oil and gas investment
Nigeria will offer tax credits and streamline contracting processes for new oil and gas projects, the Information Minister said, in a move by Africa's top energy producer to attract much-needed investment.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Shell reports June 4 fire at ethylene cracker plant in Pennsylvania (U.S.) 6/9
- Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel 6/9
- Carbon Clean, MODEC to accelerate the scale-up of CycloneCC for offshore carbon capture 6/9
- Ebara Elliott Energy signs high-speed balancing bunker agreement to expand Middle East footprint 6/9
- Rotork joins Rockwell Automation’s Technology Partner Program 6/9
