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IFC funds Addax Energy to secure Mauritania’s oil imports during COVID-19 disruptions
- Details
IFC, a member of the World Bank Group, will provide US$35mn as part of a US$200mn credit facility arranged by Societe Generale to enable Addax Energy SA to deliver critical energy imports to Mauritania, supporting jobs and economic activity in major sectors
NNPC warns consumers in Nigeria to be wary of adulterated automated oil
- Details
The Nigerian National Petroleum Corporation (NNPC), the national oil company, has expressed its worry over the prevalent low grade and contaminated automotive gas oil (diesel) sold at discounted prices in parts of the country
Equatorial Guinea adopts new petroleum regulation
- Details
Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH) has announced the adoption of the new Regulation of Petroleum Operations Regulation, Regulation No 2/2020 of 15 June 2020
Private stakeholders call for total deregulation of downstream sector in Nigeria
- Details
Private stakeholders in Nigeria’s downstream sector of the oil industry have urged the government for complete deregulation of the downstream sector
Sasol not divesting its fuel retail business
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Sasol, an integrated chemicals and energy company, has announced that it is not divesting its downstream fuel retail business as part of its ongoing asset disposal process
- Equatorial Guinea Year of Investment advances, despite challenges
- Nigeria to drive Africa new-build refining capacity growth by 2024: GlobalData
- Egypt’s Ganope to drill 16 exploratory wells during fiscal year 2020/21
- EG’s Minister of Mines and Hydrocarbons visits Waltersmith Modular Refinery
- So Energy improves access to petroleum products in Ghana
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