Private stakeholders in Nigeria’s downstream sector of the oil industry have urged the government for complete deregulation of the downstream sector
Downstream
Sasol not divesting its fuel retail business
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
COVID-19 has slowed global trade, but Equatorial Guinea is not relenting in its drive for investment and downstream diversification, said the country’s Minister of Mines and Hydrocarbons, Gabriel Mbaga Obiang Lima
Nigeria to drive Africa new-build refining capacity growth by 2024: GlobalData
Nigeria is set to lead refining capacity additions from planned and announced (new-build) projects in Africa by 2024, according to data and analytics company GlobalData
Egypt’s Ganope to drill 16 exploratory wells during fiscal year 2020/21
Ganoub El Wadi Petroleum Holding Company (Ganope) plans to drill 16 exploratory wells during the fiscal year 2020/21 with total investments of US$53mn, according to the company’s chairman Mohamed Abdel Azim
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