Downstream
NNPC seeks US$1bn fill-in funding for AKK pipeline project
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The Nigerian National Petroleum Corporation (NNPC), through the federal government, is seeking US$1bn with an aim to continue work on the US$2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, after Chinese lenders, which had pledged to provide the majority of the funds, failed to disburse cash as timely as expected
McKinsey identifies actions to boost profitability for oil and gas refiners
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McKinsey & Company has predicted that demand for light product including gasoline, diesel/gasoil, jet/kero etc, which largely drives refining utilisation, will plateau by the mid-2020s – even in the case of a delayed energy transition
Sonangol launches tender for investment at Lobito refinery project
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Angolan state oil company Sonangol has launched the tender for investment in the refinery of Lobito during an event held in the Municipal Administration of Lobito
Nigeria downstream sector needs to be deregulated, says Sylva
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Timipre Sylva, minister of state for petroleum resources in Nigeria, has restated the need to deregulate the downstream sector with an aim to boost the country’s economy
Congo to construct US$600mn oil refinery
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Congo has launched the construction of a US$600mn oil refinery near the port city of Pointe-Noire, an initiative move that aims to increase domestic refining capacity and offset chronic fuel shortages
- South Sudan’s Bentiu oil refinery starts producing refined oil products
- Dangote refinery to be hugely beneficial for Nigeria, says MOMAN
- GDA conference: Transforming the downstream industry
- NCDMB supports modular refinery project in Bayelsa, Nigeria
- Eni CEO discusses Mombasa refinery conversion with Kenya’s President
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