Godwin Obaseki, the governor of Edo State in Nigeria, has signed a MoU with a Chinese consortium for the development of a 5,500 bpd modular refinery in Edo State
Libya’s National Oil Corporation (NOC) has won two international arbitration cases for the 220,000 bpd-capacity Ras Lanuf Refinery, and said that production would resume as early as possible
Sinopec, one of Chinas largest state-owned companies, has undertaken to invest US$480mn in South Africa to upgrade and modernise Chevron South Africa’s Cape Town-based oil refinery
The government-run energy company of Algeria, Sonatrach, is planning possible investment opportunities in Iraq’s oil exploration and natural gas projects
Wood Mackenzie has indicated hard competition for prime exploration targets as sector emerges from downturn in 2018
