Global process oil demand is forecast to grow 1.4 per cent per year to 7.2 mmt in 2021, according to the Freedonia Group, a Cleveland-based international business research company
Process oil demand to grow fastest in Africa and Middle East region
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APC to increase West Africa’s palm oil production
The US-based African Palm Corp (APC) has announced to extend palm oil production to Congo and Guinea-Bissau, a move that aims to increase the sustainable extraction, processing and commercialisation of products derived from African palm trees, mainly palm oil
TUV SUD NEL completes building of US$21.40mn test facility
Glasgow-based TUV SUD NEL, the flow measurement R&D specialist, has completed the base building that will house its US$21.40mn advanced multiphase facility (AMF)
Uhuru to flag off first shipment of Turkana oil on 3 June
Following a meeting with international oil and gas majors, Kenyan State House has announced that the President Uhuru Kenyatta will flag off the first shipment of oil from Lokichar in Turkana County on 3 June 2018
EBRD provides US$200mn loan to modernise oil refinery in North Africa
The European Bank for Reconstruction and Development (EBRD) has announced to provide US$200mn loan to help in energy efficiency and modernisation of the oil refinery owned by Suez Oil Processing Company (SOPC) in Egypt
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