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Downstream

McKinsey & Company has predicted that demand for light product including gasoline, diesel/gasoil, jet/kero etc, which largely drives refining utilisation, will plateau by the mid-2020s – even in the case of a delayed energy transition

Angolan state oil company Sonangol has launched the tender for investment in the refinery of Lobito during an event held in the Municipal Administration of Lobito

Timipre Sylva, minister of state for petroleum resources in Nigeria, has restated the need to deregulate the downstream sector with an aim to boost the country’s economy

Congo has launched the construction of a US$600mn oil refinery near the port city of Pointe-Noire, an initiative move that aims to increase domestic refining capacity and offset chronic fuel shortages

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