Colonial Pipeline fuels a surge in attacks on oil and gas pipelines: Obrela study

AdobeStock 69730102Following the attack on Colonial Pipeline, the whole oil and gas industry came under increased attack throughout the last quarter, according to Obrela Security Industries’ Q2 Digital Universe Study

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Demand for light product to stagnate in future, says McKinsey

McKinsey copyA research report released by McKinsey & Company has predicted that the demand for light product (gasoline, diesel/gasoil, jet/kero, including biofuels) will plateau by the mid-2020s, even in the case of a delayed energy transition

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NNPC seeks US$1bn fill-in funding for AKK pipeline project

oil pipeline AKKThe 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

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McKinsey identifies actions to boost profitability for oil and gas refiners

oil and gas refinersMcKinsey & 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

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Sonangol launches tender for investment at Lobito refinery project

Angola sonangolAngolan 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

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