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Downstream

Angolan Greenfield Cabinda Project Passes Equipment Testing Stage

The Angola’s Ministry of Mineral Resources, Petroleum and Gas have announced a successfully testing of Cabinda refinery Equipment for the upcoming Cabinda refinery at a facility in Houston recently. Factory acceptance testing was performed by Vfuels Oil & Engineering on Monday with positive results. Cabinda Refinery Equipment tested includes a modular crude oil distillation unit […]

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Nigeria Ailing Refineries Rehabilitation, Fuel Subsidy And Their Financial Conduit Nature

Recently in Dublin, Ireland the Nigerian National Petroleum Corporation (NNPC), said it spent N91.667 billion on refinery rehabilitation in 11 months, from January to November 2021 corroborating the report presentation to the Federation Account Allocation Committee (FAAC) in December 2021, which NNPC also stated that N45 billion was spent on pipeline security and maintenance, while […]

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Shell Ahead In Supply Sustainable Aviation Fuel In Singapore

Shell has announcedthat it has become the first supplier of sustainable aviation fuel (SAF) to customers in Singapore. Shell has also completed the upgrading of its facility in Singapore which will enable blending of SAF in Singapore. SAF is approved for use in aircraft operating today only when blended in a ratio of up to 50% […]

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Shell: Our Next Generation Lubricant Is Now Carbon Neutral

When it comes to choosing the right product for your vehicle, we know that sustainability and the environment play an increasingly important role in decision making. Consumers around the world now expect brands to offer sustainable products, with 74% citing environmental concerns**. At Shell, we want to help you make the best choice – one […]

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Nigeria importation of Methanol blended PMS and NNPC Remedial Action on Defaulting Importers

The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit (PMS) also known as petrol across the country within a short period. The Chief Executive Officer/ Group Managing Director of NNPC, Mallam Mele Kyari made the pledge at the […]

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Nigeria’s Dangote Refinery in discussion with traders for finance

Africa’s richest man Aliko Dangote is in talks with some of the world’s biggest oil traders to help finance his mega refinery project outside of Nigeria’s commercial centre Lagos, sources with knowledge of the matter said, although his company denied the discussions. The 650,000 barrel-per-day refinery, once complete, will be the continent’s largest plant and […]

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African Region Downstream Sector Investment Outlook, new Refinery Projects

Ghana Ghana’s sole oil refinery Tema remains offline and the plant is unlikely to restart for a few more months due to a lack of crude and feedstock, a source close to the matter said. The plant has only operated for about two months in 2021 and repair works are being carried out. It had […]

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Shell divest Deer Park refinery interest to partner Pemex

Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Norteamerica, S.A. De C.V. (a subsidiary of Petroleos Mexicanos, or Pemex). The transaction will transfer Shell’s interest in the […]

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Shell divests Alabama refinery to Vertex Energy

Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc (Shell), have reached an agreement for the sale of the Mobile Chemical LP Refinery in Mobile, AL, to Vertex Energy Operating LLC (Vertex Energy). Vertex Energy is a U.S. owned, Texas-based specialty refiner of […]

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