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
Downstream
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
Sonangol launches tender for investment at Lobito refinery project
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
Nigeria downstream sector needs to be deregulated, says Sylva
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
More Articles …
