refinery

KEY POINTS The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has asked the Federal Government and the Nigerian National Petroleum Company Limited to make a clear and realistic …

KEY POINTS A multinational consortium involving investors from Asia and Europe has secured around 50 billion dollars to build what is expected to become Africa’s second-largest oil refinery, marking one …

KEY POINTS Aiteo, one of Africa’s leading energy companies, has signed a major engineering, procurement, and construction (EPC) agreement to develop a 240,000 barrels-per-day refinery in Mozambique. The project is …

Hedge fund Elliott Management and a creditor group led by Centerview Partners are emerging as potential new owners for Citgo Petroleum in a court-ordered auction. The auction is expected to …

Brazil’s state-run oil company Petrobras has reached an agreement with Abu Dhabi’s sovereign investor Mubadala to take back control of a refinery in Bahia, while also partnering with the fund …

The long-running dispute between Libya’s state-owned National Oil Corporation (NOC) and the United Arab Emirates-based Trasta Energy over the Ras Lanuf oil refinery is set to resume before an arbitration …

Nigeria is on the verge of becoming a major player in the global oil market as the Dangote refinery, the largest single-train refinery in the world prepares to start operations …

Astron Energy, formerly known as Caltex, has unveiled its new brand identity and vision to become a leading African energy company. The company, which has a history of more than …