Millions of barrels of fuel made from Russian oil are still being imported to the UK despite sanctions imposed over the war in Ukraine, research claims. A so-called “loophole” means Russian crude is refined in countries such as India and the products sold to the UK. This is not illegal and does not breach the...
AFRICA’s biggest diesel and aviation fuel refinery built by the continent’s richest man has started production, the company said on Saturday, calling it a “big day for Nigeria”. The 650 000 barrel-per-day Dangote refinery could be a game changer when fully operational by helping end Nigeria’s reliance on fuel imports. The delayed megaproject built by...
Africa’s biggest diesel and aviation fuel refinery built by the continent’s richest man has started production, the company said on Saturday, calling it a “big day for Nigeria”. The 650 000 barrel-per-day Dangote refinery could be a game changer when fully operational by helping end Nigeria’s reliance on fuel imports. The delayed megaproject built by...
THE Ministry of Mines and Energy says Namibia is considering the possibility of acquiring a stake in the Lobito Refinery in Angola or constructing its own refining facility. This comes as the country is on the brink of becoming an oil producer amid potential oil discoveries off the coast of Namibia by TotalEnergies and Shell....
Russian forces have struck an oil refinery in central Ukraine in the early hours of Wednesday. Reuters reports that Kyiv Governor Dmytro Lunin said on Wednesday that refinery operations have been temporarily stopped, adding that there was no information about casualties. The post Russian forces strike refinery in central Ukraine first appeared on Future Media....
Nigeria’s President Muhammadu Buhari is commissioning a $19bn (£15bn) single-train oil refinery – the largest of its kind in the world and built by Africa’s richest person, billionaire businessman Aliko Dangote. The BBC reports that the government hopes the refinery will turn Nigeria, Africa’s biggest oil producer, from an importer of refined fuels to an...