Category: Petroleum

According to The East African news publication, starting Friday, a liter of super petrol will cost Ksh212.36 ($1.39) in Nairobi, up from Ksh217 ($1.42), while diesel will cost Ksh201.47 ($1.31), down from Ksh203.47 ($1.33) in the new monthly cycle, which ends on January 14, next year. This is contrary to an earlier report done on the 22nd of November, which showed that Kenyans were set to face a new wave of energy inflation with an

Read More Here

Representing the start of its main construction phase, the East African Crude Oil Pipeline (EACOP) received its first 100 km-line of pipe at the Port of Dar es Salaam last week. Tanzanian logistics provider and partner to EACOP, SuperDoll, hosted a ceremony that united the project’s key stakeholders. Shareholders include TotalEnergies (62%), the Uganda National Oil Company (15%), the Tanzania Petroleum Development Corporation (15%) and the China National Offshore Oil Corporation (8%). Set to transport crude oil

Read More Here

Oil means different things to different African countries, but at the end of the day, it plays a big role in shaping the continent’s economy. Some countries see it as a major economic driver, while others rely on it as their main energy source. For instance, countries like Nigeria, Angola, Libya, and Algeria have become major players in the oil industry, shipping out millions of barrels each year. The money from these oil exports plays

Read More Here

Dangote’s 650,000 b/d refinery has received its initial crude feedstock in the country, as reported by market sources and tanker tracking data, according to SP Global. This development signals the commencement of fuel production at the long-awaited $19 billion facility after enduring years of delays. The OTIS tanker loaded a 950,000-barrel cargo of Nigeria’s Agbami crude on Dec. 6 to Lekki, the nearest land port to Dangote’s offshore crude receiving terminal. The Suezmax tanker, chartered

Read More Here

The Dangote refinery will start the production of Automotive Gas Oil (diesel) and JetA1 (aviation fuel) in January 2024. However, the production of Premium Motor Spirit popularly called petrol is being delayed by the supply of crude oil in instalments. This is because the facility requires a minimum of six million barrels of crude oil to kick-start the full production of refined petroleum products including Automotive Gas Oil (diesel), Premium Motor Spirit (petrol), Jet A1

Read More Here

Niger expects to export its first barrels of crude oil through a newly established Niger-Benin pipeline in January, as stated by the country’s military leader, Abdourahamane Tiani, on state television. The export pipeline project, supported by PetroChina, was inaugurated on November 1, connecting Niger’s Agadem oilfield to the Benin port of Cotonou, Reuters reported. Tiani mentioned in an interview on Niger’s RTS channel on Sunday that the storage tanks in Cotonou are currently being filled

Read More Here