Africa holds 7 to 8 percent of global oil reserves but still imports billions in refined fuel. Here are the 10 biggest refineries changing that.
© 2024 Energy News Africa Plus. All Rights Reserved.
In the News
-
-
Ghana is cutting fuel taxes within a week as the Iran conflict pushes petrol prices up 15 percent and diesel up 19 percent nationwide.
-
In the News
World Bank Tells Nigeria to Restore Fuel Import Licenses and Break Dangote Refinery’s Market Grip
The World Bank wants Nigeria to reinstate petrol import licenses, warning that Dangote Refinery’s market dominance threatens competition and consumer protection.
-
In the News
Oando Plans $750 Million Drilling Campaign That Could Triple Its Oil Production in Nigeria
Oando Plc is raising $750 million to drill up to 100 wells, a campaign its CEO says could triple the company’s oil production.
-
KEY POINTS TotalEnergies has confirmed that one of the processing units at the SATORP refinery in Saudi Arabia was damaged during overnight incidents earlier in the week. The company said …
-
In the NewsMarketsOil & Gas
Shell Flags Q1 Gas Output Decline, Liquidity Pressure Amid Middle East Tensions
KEY POINTS Shell plc has projected a decline in its first-quarter gas production alongside a significant short-term strain on liquidity, largely driven by disruptions linked to the ongoing tensions involving …
-
Tanzania lawmakers are pushing for fuel tax cuts and bigger storage reserves as the Middle East crisis drives pump prices sharply higher nationwide.
-
Guinea-Bissau has appointed an experienced water and resources engineer as its new Natural Resources Minister as offshore exploration activity accelerates in the MSGBC basin.
-
In the News
Kenyan Activist Takes Energy CS Wandayi to Court Over Ksh4.8 Billion Substandard Fuel Scandal
A Kenyan activist has filed a court petition seeking the suspension of Energy CS Opiyo Wandayi over a Ksh4.8 billion substandard fuel import scandal.
-
In the News
Namibia’s President Turns to Norway for Oil Expertise as Petroleum Amendment Bill Stalls in Parliament
Namibia has secured Norwegian technical support for its oil sector while President Nandi-Ndaitwah presses parliament to pass a critical petroleum amendment bill.