Nigeria reportedly saved $20 billion by ending fuel subsidies
In Nigeria, the removal of gasoline subsidies, initiated shortly after President Bola Tinubu took office in May 2023, has already saved the Government nearly $20 […]
refinery
Nigeria: NNPCL delivered crude oil to Dangote refinery amidst a severe fuel shortage
The Nigerian National Petroleum Company Limited (NNPCL) has announced that it has already supplied 30 million barrels of crude oil to the Dangote refinery amid […]
Chinese firm to build oil refinery in South Sudan
On Friday, August 24, a Chinese company signed an agreement with South Sudan’s state-owned Nile Petroleum Corporation (Nilepet) to build modern oil refinery and storage […]
Progress in the construction of a refinery in Equatorial Guinea
Equatorial Guinea reviews agreements for the creation of a refinery in the country’s economic capital city. This was the backdrop of the working session held […]
Nigeria: More than a hundred dead in the explosion of an illegal refinery
An explosion at a clandestine refinery has killed at least 110 people in the Niger Delta oil region of southern Nigeria, already devastated by decades […]
Congo B: Sassou-N’Guesso lays foundation stone for new refinery
Congo will be equipped in 2023 with a new crude oil refinery with a capacity of 2.5 million tons per year, financed by the Chinese […]
Nigeria-France: A 200,000 barrel-per-day refinery project contract signed between the two nations
The French company Axens and the Nigerian conglomerate BUA signed a partnership contract on Tuesday 1st September in Paris to carry out the first stage […]
Dangote inks $650m loan for oil refinery project in Nigeria
Aliko Dangote, Africa’s richest man, founder and chair of the continent’s largest cement producing company, has signed a $650 million loan facility with the African […]
Nigeria inks deal with consortiums to renovate oil refineries
Nigeria’s state oil firm NNPC has completed talks with two consortiums to revamp Africa’s biggest crude producer’s rundown refineries. According to Reuters, the two consortiums […]
Ghana to build new oil refinery for $4 billion
Ghana is set to establish a refinery in the central region of the West African nation, to refine 150, 000 barrels of oil per-day, Energy […]