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 […]
refinery
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 […]
Nigeria pleads Dangote to speed work on private refinery
Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu on Tuesday begs Africa’s richest man, Aliko Dangote, to speed work on his private oil refinery […]
Libya: Disruption of Oil Exports
Libya, an OPEC member, which is seeking to boost its oil production, is currently hit by some waves of sporadic demonstrations, affecting the North African […]
Algeria to increase strategic storage capacity
Sonatrach has announced another ambitious project that it will undertake within the shores of the country to increase its strategic storage. Speaking on behalf of […]
Libya might invest in Petroplus France
Recent reports claiming that the Libyan sovereign wealth fund is looking at possibilities of investing in the Petroplus oil refinery in northwestern France has been […]