Africa
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.
TOYO awarded licensing and equipment supply contract for the first ever urea fertilizer plant in Angola
Toyo Engineering Corp. will license its proprietary urea technology for Amufert S.A.'s 4,000-tpd urea plant to be built in the Soyo region of the Republic of Angola.
Nigeria's Dangote refinery to operate at full capacity in 30 days
Nigeria's Dangote Oil refinery, Africa's largest, could begin operating at full capacity in 30 days, the head of the refinery said on Monday.
Sasol, Anglo American and De Beers to pilot renewable diesel in South Africa
South African petrochemicals company Sasol, mining group Anglo American and its diamond business De Beers entered into a joint development agreement on Tuesday to pilot the production of renewable diesel from vegetable oil.
Nigeria to block oil export permits for producers who do not fill refinery quotas
Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet their stipulated supply quota to local refineries, including the Dangote Refinery, Africa's largest.
European glut weighs on global gasoline margins
Gasoline stocks in Europe have hit a record high as exports dropped due to higher refinery runs in the U.S. and Nigeria, resulting in gasoline profit margins at European and U.S. oil refineries falling to a 15-month low in January.
Beware Egypt's smokestack onshoring as cement exports surge
North Africa's largest economy and second-largest natural gas producer has stepped up the production and export of several highly energy-intensive commodities as part of efforts to accelerate the growth of its industrial sector.
H2 Global Energy to develop a $6-B green ammonia project in Tunisia
A consortium led by H2 Global Energy signed a Memorandum of Understanding (MOU) agreement with the Tunisian government to develop a groundbreaking green hydrogen and green ammonia project. The total expected investment for this strategic initiative is $6 B.
Nigeria says its Warri refinery is back after a decade of closures
Nigeria said on Monday it had resumed some operations at its Warri oil refinery after almost a decade of shutdowns, one of a string of long-running failures that have left Africa's largest crude exporter importing most of its fuel.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
