Ethiopia’s private oil marketer has announced plans to build a US$5bn refinery within ten years to meet the growing demand for refined products
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Delta State of Nigeria to receive 30,000 barrels refinery
Oil firm Energia has announced it will build a 30,000 barrels refinery in Delta State of Nigeria, in a bid to boost local fuel production and reduce imports
‘Oil and gas firms to face people challenges amid oil plunge’
From its recent peak of US$115 a barrel, the Brent crude oil price had collapsed to a level below the US$50 mark by late January 2015 causing the existing resources to become more costly to access and skilled people even more difficult to attract, according to Chris Shennan, global head of oil and gas consulting at Hay Group
Exploration firms must review their investment plans in Africa, says PwC
Oil and gas explorers must re-evaluate their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, according to an analysis by PwC
Russian consortium wins bid to build US$2.5bn oil refinery in Uganda
A consortium led by Russia’s RT Global Resources has won the contract to build and operate Uganda’s US$2.5bn crude oil refinery
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