Africa
IEA announces record release of strategic stocks in response to Iran war oil price surge
The IEA said the release had been backed unanimously by 32 member countries, the sixth such move it has made since its creation in the 1970s.
KBR awarded 10-yr global catalyst supply contract for Indorama
Angola's state oil firm Sonangol seeks $4.8-B loan from China for refinery
The financing, if completed, will mark the first borrowing by the Southern African oil producer from China since 2017, when it opted to reduce its exposure to resource-backed loans.
Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion
The additional equipment is expected to support major projects under construction across refining, petrochemicals, agriculture and infrastructure.
Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests
The tests are intended to confirm operational efficiency and verify that key parameters meet global standards.
Nigeria’s Dangote Refinery to begin full‑capacity tests in February
Africa's largest oil refinery began operations in 2024 and has been running at about 450,000 bpd–485,000 bpd during its startup phase amid difficulties securing sufficient local crude as it ramps up to full capacity.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
