Africa
Nigeria's Dangote refinery plans to expand to 1.4 MMbpd
The $20-B refinery on the outskirts of Lagos started operations in January 2024 and aims to end imports of refined petroleum products by Africa's biggest crude oil producer.
Mali strikes deal with Russia for petroleum products
Jama'at Nusrat al-Islam wal-Muslimin (JNIM) militants announced a blockade on fuel imports to the landlocked West African country in early September and have since attacked convoys of fuel tankers attempting to enter the country or reach the capital.
Egypt's Suez Canal Authority signs $2-B petrochemical complex deal
The first phase of the project aims to primarily produce polypropylene along with hydrogen.
Dangote refinery's gasoline unit operating at 60% capacity
The outage on the unit, which began in late August, helped improve export economics from Europe to West Africa to cover the shortfall, boosting European gasoline refining margins.
Gasoline unit at Dangote refinery expected to restart on October 14
The plant, which began processing crude in January 2024, exported a higher volume of fuel oil in September than previous months.
Senegal plans to start construction of new refinery next year
SAR, West Africa's oldest refinery, processes 1.5 MMtpy of crude oil (or around 30,000 bpd), but faces a domestic shortfall.
Update: Nigeria oil union calls off strike after talks with Dangote Petroleum
The strike was called after the Dangote refinery—Africa's largest with a crude processing capacity of 650,000 bpd—dismissed more than 800 unionized staff.
Update: Nigerian oil union launches nationwide strike after Dangote refinery dismisses workers
The walkout, launched on Monday, has escalated tensions in Africa's top oil producer, with analysts warning that if the dispute spreads to other unions, it could disrupt oil field operations, halt product flows and lead to fuel shortages at petrol stations.
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