lssue 4 of Oil Review Africa has featured Matthew Hawkridge, chief technology officer, Ovarro, who explained how Remote Telemetry Units (RTUs) can be used to optimise the performance and maintenance of oil and gas pipelines
Downstream
Colonial Pipeline fuels a surge in attacks on oil and gas pipelines: Obrela study
Following the attack on Colonial Pipeline, the whole oil and gas industry came under increased attack throughout the last quarter, according to Obrela Security Industries’ Q2 Digital Universe Study
Demand for light product to stagnate in future, says McKinsey
A research report released by McKinsey & Company has predicted that the demand for light product (gasoline, diesel/gasoil, jet/kero, including biofuels) will plateau by the mid-2020s, even in the case of a delayed energy transition
NNPC seeks US$1bn fill-in funding for AKK pipeline project
The Nigerian National Petroleum Corporation (NNPC), through the federal government, is seeking US$1bn with an aim to continue work on the US$2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, after Chinese lenders, which had pledged to provide the majority of the funds, failed to disburse cash as timely as expected
McKinsey identifies actions to boost profitability for oil and gas refiners
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