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Africa

Sasol expects profit rebound on higher chemical prices and lower impairments

South African petrochemicals company Sasol expects a rebound in full-year profitability on the back of higher chemicals prices, tighter cost controls and lower asset writedowns, it said.

Dangote refinery imports 4,000 gas-powered trucks for local fuel distribution

In June, the oil refinery said it will begin directly supplying fuel to retail stations, manufacturers, telecoms firms, and other large users in August.

South African tax authorities extend jet fuel lifeline to airports

South Africa's fuels industry body Fuels Industry Association of South Africa (FIASA) welcomed a year-long extension from tax authorities to special licenses for importing and storing jet fuel, helping to avert a potential supply crisis at major airports.

Nigeria's Dangote refinery plans 15-d shutdown of gasoline unit

The shutdown is for urgent repair work on the regenerator section due to a significant catalyst loss issue.

Dangote appoints ex-Shell executive to lead refinery amid expansion drive

Nigeria’s Dangote Group has appointed David Bird, a former Shell executive and ex-CEO of 0Q8 refinery in Oman, as chief executive of its refinery and petrochemical division, as it accelerates its pan-African growth strategy.

Dangote Refinery drops lawsuit against Nigerian fuel importers

Africa's largest refinery had sought to nullify fuel import licenses issued to NNPC Ltd., AYM Shafa Ltd., A.A. Rano Ltd., T. Time Petroleum Ltd., 2015 Petroleum Ltd., and Matrix Petroleum Services Ltd.

Sasol commits to next-generation catalyst supply for e-SAF pioneer INERATEC

Sasol Chemicals and German startup INERATEC have signed a Letter of Intent, committing to the supply of Sasol’s next generation catalyst as soon as the development cycle is completed in 2026.

NNPC CEO reaffirms Nigeria's initiative to debottleneck domestic refining capacity, strives for self sufficiency

The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has reaffirmed the Company’s commitment to dismantling structural bottlenecks towards laying a solid foundation for a self-sufficient refining ecosystem in Africa.

Nigeria's Dangote warns cheap Russian oil products threaten African refineries

Nigerian billionaire Aliko Dangote has warned discounted Russian petroleum products are pouring into African markets and risk undermining the continent's emerging refining industry.

Zambia plans 60,000-bpd oil refinery in copper belt

Officials hope construction will start in the third quarter of 2025, with a first phase of commercial operations planned for 2026.