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Africa to occupy second place in terms of FCCU capacity additions by 2024: GlobalData

2982619151 2830c945ab cData and analytics firm GlobalData expects Africa to occupy the second place in terms of global refinery fluid catalytic cracking units’ (FCCU) capacity additions by 2024

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TechnipFMC signs contract with ANOPC for hydrocracking complex in Egypt

14086159637 7a16a4b0fe cOil and gas company TechnipFMC has signed an engineering, procurement, and construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Assiut refinery hydrocracking complex in Egypt

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Nigerian government adheres to its policy of pricing petroleum products appropriately

refuel 2157211 640The Nigerian government is brushing off opposition and sticking to its policy of allowing premium motor spirit pump prices (pms) to exhibit the band that reflects the international crude oil price

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IFC funds Addax Energy to secure Mauritania’s oil imports during COVID-19 disruptions

pedro farto JU3wm8Wh7YA unsplashIFC, a member of the World Bank Group, will provide US$35mn as part of a US$200mn credit facility arranged by Societe Generale to enable Addax Energy SA to deliver critical energy imports to Mauritania, supporting jobs and economic activity in major sectors

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NNPC warns consumers in Nigeria to be wary of adulterated automated oil

refuel 2157211 640The Nigerian National Petroleum Corporation (NNPC), the national oil company, has expressed its worry over the prevalent low grade and contaminated automotive gas oil (diesel) sold at discounted prices in parts of the country

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