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Africa

Nigeria's Dangote refinery says it will suspend fuel sales in local currency

Nigeria's huge Dangote petroleum refinery announced on Wednesday that it was temporarily suspending fuel sales in the local naira currency to avoid a mismatch between sales in naira and purchases of crude in dollars.

Gasoline unit at Nigeria's Dangote oil refinery to undergo maintenance in June

Nigeria's Dangote oil refinery will shut its 204,000-bpd gasoline-making unit for 30-d maintenance tentatively expected to start on June 1.

Indian refiners turn to Latin America, Africa to replace Russian oil in Feb.

India's crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions.

Nigeria's NNPC, Dangote refinery in talks to extend naira-based crude supply deal

Nigeria's state oil company NNPC Ltd. has begun discussions with the Dangote oil refinery to extend its contract for supplying crude oil in the naira currency.

Morocco approves green hydrogen projects worth $32.5 B

A Moroccan government committee approved green hydrogen projects aiming to produce ammonia, steel and industrial fuel worth a total of 319 billion dirhams ($32.5 B).

MAIRE awarded various EPC contracts, totaling $3.5 B

MAIRE announced that its subsidiaries TECNIMONT, KT-Kinetics Technology and NEXTCHEM and have been granted new awards for a total amount of approximately $3.5 billion for engineering and procurement and construction activities related to petrochemical and hydrotreating projects, as well as high value engineering services for a waste to chemical project.

KBR awarded PMC contract for $2-B fertilizer plant in Angola

As part of the $2-B project, KBR will provide project management services overseeing engineering, procurement, and construction phases. The facility will produce 2,300-tpd ammonia and 4,000-tpd urea.

thyssenkrupp Uhde to provide technology for MOPCO's green ammonia plants in Egypt

thyssenkrupp Uhde has been selected by MOPCO – Misr Fertilizers Production Company (Egypt) – to supply advanced technology for three existing ammonia and urea plants in Damietta, Egypt, to enhance the sustainability of their production.

Egypt signs framework agreement to build $7-B petrochemical complex in New Alamein City

The Egyptian Ministry of Petroleum and Mineral Resources signed a framework agreement with the UK-based Shard Capital for the development of a $7-B petrochemical complex in New Alamein City, Egypt. The project will be developed in collaboration with Saudi Arabia's Al-Qahtani Group. 

China refiners buy more Brazilian, W. African crude as sanctions, tariffs disrupt supply

Chinese refiners have stepped up purchases of Brazilian and West African crude as they reorganize sourcing around sanctions and tariff disruptions, and after prices of Middle Eastern grades surged.