The US has exempted South Africa and six other countries from the financial sanctions currently in place on Iranian oil imports
Downstream
Platts conference offers a crude guide to global markets
The first of three Oil Review reports from the recent Platts fifth Annual Crude Oil Markets Conference and Forum in London
Algeria to increase oil and gas investment by US$12 billion
Algeria has announced plans to increase its investment in the natural gas and petrochemical sectors to US$80 billion over the next five years
Gulf Power plans 80 megawatt electricity plant in Kenya
Kenyan gas-station operator and fuel importer, Gulf Power, has revealed plans to build an 80 MW power plant fed by heavy fuel oil
Sinopec could rescue South African refinery project
PetroSA and Sinopec will join forces to build the multi-billion dollar Coega refinery that could process several hundred thousand barrels of oil per day (bpd)