Downstream

Nigerian government pledges to support completion of Dangote Refinery

Image1.JPGChief Timipre Sylva, Nigeria’s Minister of State for Petroleum Resources, has pledged support of the Federal Government towards ensuring the completion of the 650,000 bpd Dangote Petroleum Refinery during an official visit to the Petrochemical complex, located at the Lekki Free Trade Zone in Lagos, Nigeria

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Angola’s president meets Eni CEO Claudio Descalzi

16546032166 1c3be98f17 cAngola’s president João Gonçalves Lourenço has met Eni CEO Claudio Descalzi met in Luanda to discuss new community development initiatives that would contribute to the carbon neutrality of Eni’s activities in the country

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Solo Oil sells stake in Burj Petroleum Africa

NR6 0709 Mtwara and Mnazi Bay Crop ASFSolo Oil has signed a sale and purchase agreement (SPA) to end its 20 per cent investment in Burj Petroleum Africa Limited (Burj), a company that applied for various undeveloped fields in the 2014 Nigerian Marginal Fields Bid Round

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OPEC needs deeper output cuts to hold brent above US$60 per bbl, says GIQ Survey

18853941496 ee43ae263b zOPEC will need to make deeper supply cuts to keep oil prices above US$60 per bbl, according to 69 per cent of those surveyed in the Gulf Intelligence (GIQ) monthly Energy Market Survey in August

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Nigeria to drive global refinery CDU industry, says GlobalData

16696045870 cbd96236f5 zNigeria is expected to drive the growth of new-built crude distillation (CDU) capacity in the global refinery industry from planned and announced (new-built) projects over the 2019-2023 outlook period

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