Africa
Glencore hopes for Moroccan refinery restart to recoup money
Glencore, one of the main creditors of Morocco's sole refinery, still has hopes the idled plant will restart so lenders can gradually recoup their money, despite repeated failures to get it up and running.
Ivory Coast signs agreement to establish Total-led LNG consortium
Ivory Coast signed a partnership pact to create a consortium headed by France's Total to build a LNG import terminal that could begin receiving gas shipments by mid-2018.
BP and Area 4 partners sign LNG SPA for Mozambique
BP and the Area 4 concession partners entered into a sales and purchase agreement for BP to purchase 100% of the LNG produced by the Coral South FLNG facility.
Global Project Data
New project announcements have hovered in the low teens for several months.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Production at Nigeria's Warri refinery unaffected by nearby explosion
Crude oil production at Nigeria's Warri refinery in the country's restive Niger Delta region has not been affected by an explosion heard near the site.
Gabon's Sogara oil refinery shut due to post-election violence
Gabon's sole oil refinery in Port Gentil has been shut due to violence following the disputed August 27 presidential elections.
Chemex Modular to expand Niger Delta refinery
Chemex Modular reached terms in principle with Niger Delta Petroleum Resources to expand it's existing refining capacity to 11 Mbpd.
Freedonia Group: Global demand for refining catalysts to reach $4.7 B in 2020
Global demand for the refining catalysts market, which includes catalysts used in fluid catalytic cracking (FCC), hydroprocessing, alkylation, reforming and other applications, is forecast to grow 3.6%/yr to $4.7 B in 2020.
Uganda granting production licenses to support future refinery
Uganda targets the construction of a $2.5-B refinery to process more of the oil resources it discovered in 2006.
- LanzaJet expands partnership with Microsoft to strengthen the company’s global growth 6/13
- Phelan Green Group's $2.6-B eMethanol project remains on schedule 6/13
- Algeria launches $7-B investment plan to expand hydrocarbon processing 6/13
- AFPM/API: President Trump officially overturns California (U.S.) gas car ban 6/12
- Decision on oil refiner Italiana Petroli's sale expected around end-June 6/12
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases 6/12
