refinery

Picture this: You walk into a fuel station, grumbling about rising fuel prices, only to find out that you overpaid on your last visit because prices have been reduced. Annoying, right? Well, it seems like the folks at Dangote Petroleum Refinery are determined to address this exact scenario. Dangote Petroleum Refinery recently unveiled a plan that might make fuel users across Nigeria breathe a sigh of relief. Starting…

Picture this: A colossal refinery standing tall in Nigeria, not just a symbol of industrial progress but an emblem of a nation's ambition to be a giant in the petrochemical industry. The Dangote Refinery, brainchild of Africa's renowned business magnate Aliko Dangote, is making strategic and daring moves in the global oil market. Their latest venture? A million-barrel crude oil shipment expected from Algeria in mid-March, marking an essential pivot in their crude sourcing philosophy. In the…

Stuart Young, the Acting Prime Minister of Trinidad and Tobago, recently highlighted a major factor that set Nigerian oil company Oando apart from other bidders vying for ownership of the Guaracara Refinery. Their robust financial backing, evidenced by their ability to secure sizable investments in the upstream oil sector, gave them an undeniable advantage. But what does it really mean to have such financial muscle, and how does it influence a bidding process? Young, who also serves as the Minister of Energy,…

The Changing Landscape of Nigeria's Fuel Supply Imagine driving through the bustling streets of Lagos or the serene landscape of Abuja, knowing that the gasoline fueling your journey might just be a product of the prolific Dangote Refinery. Recent reports suggest a significant shift in Nigeria's petroleum industry, with this refinery supplying an impressive 60% of the nation's domestic petrol needs. Yes, you read that right—60%! But what does this really mean for Nigeria’s energy landscape?…

KHARTOUM, Sudan - In a saga spun from the pages of a geopolitical thriller, the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF) find themselves tangled in a blame game over a recent event that turned an oil refinery into a smoking ruin, marking yet another milestone in their prolonged three-year conflict. The tension between these groups is akin to a pot on a perpetual boil—always simmering, never cooling. One could not mistake the drama unfolding over the Al-Jaili refinery, which lies…

Nigeria is making strides toward revitalizing its Warri oil refinery, which has been dormant for nearly a decade due to a series of technical problems. The Warri Refinery, boasting an impressive capacity of 125,000 barrels per day, had faced prolonged closures as a result of aging infrastructure and a lack of crude oil supply. However, recent reports indicate that operations have recommenced, and the facility is currently functioning at about 60% of its capacity, as shared by Bayo Onanuga, spokesperson for the presidency.…

Congo-Brazzaville will have a second refinery in the city of Pointe-Noire, thanks to a financing agreement signed with the Chinese company Beijing Fortune Dingheng. The project aims to cover national needs and to make Congo an exporter of refined products. Experts are already demanding good governance and, in particular, respect for the environment.…

Congo-Brazzaville will have a second refinery in the city of Pointe Noire, thanks to a financing agreement signed with the Chinese company Beijing Fortune Dingheng. With a capacity of 2.5 million tonnes per year, the project aims to cover national needs and make Congo an exporter of refined products. But the experts call for good governance and especially respect for the environment.…