Downstream

Mozambique refinery close to funding

MOZAMBIQUE'S OILMOZ, WHICH is developing a 350,000 bpd refinery, expects to reach a funding agreement with European energy investors before the end of the year, according to Fausto Cruz, the company's chief executive.

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EG picks KBR for refinery

EQUATORIAL GUINEA HAS picked US engineering firm KBR Inc to design a planned 20,000 bpd oil refinery, according to a senior government official.

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Marubeni, Ghana to study methanol plant

MARUBENI CORP PLANS to produce methanol, in co-operation with the government of Ghana, from natural gas released during oil drilling.

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Technip awarded US$900 mn refinery upgrade contract in Algerian capital

FRENCH ENGINEERING COMPANY Technip has been awarded a US$900 mn contract to upgrade state-owned oil and gas giant Sonatrach’s Algiers refinery, rehabilitating the 60,000 bpd facility and expanding its capacity by about 35 per cent.

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Report predicts 60 per cent demand growth for oil products in Africa

3034706336_34cea88515_bNEW DATA PUBLISHED recently by downstream African oil specialists CITAC paint a dramatic picture of the future of the continent’s energy demand in coming years.

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