South Africa produces five per cent of its fuel needs from gas, 35 per cent from coal and 50 per cent from local crude oil refineries, according to the South African Petroleum Industry in South Africa 2018 report by Research And Markets, a global market research firm
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Argus launches prices of oil products in South Africa
Global energy and commodity price reporting agency Argus has launched daily price indexes for a range of oil products in South Africa, aiming to improve market transparency
'Higher oil prices strengthen Nigeria's fiscal and external buffers'
Higher oil prices and portfolio flows have helped strengthen fiscal and external buffers in Nigeria, stated the International Monetary Fund (IMF) staff team led by Amine Mati, senior resident representative and mission chief for Nigeria, after concluding the visit from 27 June- 9 July 2018
NNPC and stakeholders sign NLNG train 7 FEED contract
The Nigerian National Petroleum Corporation (NNPC), Shell, Total and Eni have signed the front end engineering design (FEED) contract of Train 7 of the Nigeria Liquefied Natural Gas Ltd (NLNG)
‘OPEC producers crucial to world’s crude supply through to 2040’
OPEC maintaining its role as a major oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in the years to 2030, said global natural resources consultancy firm Wood Mackenzie
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