Downstream News


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Zambia Short-Lists Five Firms For Majority Stake In Oil Refinery
Monday, April 16, 2018 Zambia has short-listed five companies to buy a majority stake in its only oil refinery, a state-owned firm says.

Tanzania Seeks Consultancy Service Provider For Delayed LNG Project
Friday, April 13, 2018 Tanzania has invited bids for consultancy services to help the government conclude negotiations for the construction of a proposed LNG plant.

Uganda Signs Agreement with Investors to Build Oil Refinery
Tuesday, April 10, 2018 Uganda signs an agreement to build and operate an oil refinery in western Uganda that will cost $3 billion-$4 billion, the president's office said.

S. Africa Watchdog Approves $900MM Sinopec, Chevron Deal
Friday, March 09, 2018 China's Sinopec Corp gets a major boost in its pursuit of Chevron's South Africa and Botswana assets.

Partners In Kenya's First Oil Project Eye Pipeline Deal By Mid-2018
Friday, March 02, 2018 Companies developing Kenya's first oilfields expect to conclude agreement on construction of an export pipeline by the middle of this year, according to Africa Oil.

LNG Project Investments Thaw As Exxon Eyes Mozambique, Qatar
Wednesday, February 28, 2018 Investments in new liquefied natural gas projects are thawing out after 3 years of low prices.

Kenya Pipeline Boosts Oil-Storage Capacity by 22% With Tanks
Friday, February 23, 2018 Kenya Pipeline Co. will spend building four new tanks that will increase its storage space by more than a fifth, Managing Director Joe Sang says.

Mozambique Approves Anadarko's $20 Billion Natural Gas Plan
Wednesday, February 07, 2018 Mozambique's council of ministers approved the development plan for Anadarko's LNG project.

South Africa's Sasol Expects H1 Earnings To Rise Up To 6%
Tuesday, January 23, 2018 Sasol expects half-year profit to lift as much as 6% on the back of higher crude oil prices.

China Fuel Blenders,Independent Refiners to Feel Squeeze from New Tax Rules
Wednesday, January 17, 2018 The rules address a long-held complaint by China's state-owned oil companies.

Natural Gas Will Help Kenya Achieve 'Ambitious' Power Generation Goals
Friday, January 05, 2018 The introduction of natural gas for power generation, and the potential expansion of domestic gas production, will help Kenya achieve its 'ambitious' goals to increase power generation capacity.

Nigeria Refining Push Prompts $3.6 Billion Petrolex Plan
Wednesday, December 06, 2017 Nigeria is set to get another new oil refinery as a government push to end fuel imports attracts investors to the industry.

South Africa Eyes BRICS Partners To Build New $10 Billion Refinery
Tuesday, November 21, 2017 South Africa wants the national oil companies of its BRICS partners to help build a new 400,000 barrel per day refinery.

Djibouti Signs Preliminary Deal With China's POLY-GCL For $4B Gas Project
Thursday, November 16, 2017 China's POLY-GCL Petroleum Group Holdings Ltd signs an MoU to invest $4B in a natural gas project in Djibouti.

Perry Says Fossil Fuels Could Help Prevent Sexual Assaults In Africa
Thursday, November 02, 2017 US Energy Secretary Rick Perry suggests that the expansion of fossil fuel use in Africa would help protect people there from sexual assault.

Mozambique Moves Closer to LNG Development, but Hurdles Remain
Tuesday, September 26, 2017 Mozambique has signed framework agreements for two LNG terminals, but market and contractual risks as well as potential above-ground problems present difficulties.

Sasol Tempers Return Expectations for $11 Billion Project
Monday, August 21, 2017 Sasol lowered estimated returns at its $11 billion Lake Charles chemicals project in the US and said it's disputing a revised tax bill in South Africa.

Uganda Picks GE for Group to Develop Oil Refinery Project
Monday, August 07, 2017 Uganda chose a group including General Electric Co. to build and operate a 60,000-barrel-a-day refinery that will process crude from fields being developed by Total SA and Tullow Oil Plc.

Natref Refinery To Reach Full Output This Weekend After Disruption
Friday, August 04, 2017 South Africa's 108,000 barrel-a-day Natref refinery, operated by Sasol and Total will reach full output this weekend.

Kenya Says Major Wind Power Line to be Ready in Three Months
Thursday, June 29, 2017 A power line linking a 310 megawatt (MW) wind power plant to Kenya's national grid, delayed by landowners' compensation demands among other issues, is expected to be ready in the next three months, the energy minister said.

Kenya Delays Crude Production Until Oil Law Amendments Agreed
Thursday, June 29, 2017 Kenya has delayed plans to start crude oil production and exports until the government passes an amended law that includes setting out how revenues will be shared.

China Pumps Cash Into African Floating LNG Projects In Strategic Push
Tuesday, June 27, 2017 China plans to pour almost $7 billion into FLNG projects in Africa.

Protest-Hit Ethiopia Region Plans Oil Company To Calm Unrest
Wednesday, June 21, 2017 A central Ethiopian region that's seen almost two years of sporadic anti-government protests is planning a new private oil company and is in talks to import Middle Eastern crude.

Total Looks At Downstream In Morocco, S. Africa To Spur Gas Demand
Thursday, June 08, 2017 Total is looking to invest in gas and power infrastructure projects in Morocco and South Africa as it seeks to open new markets, the company's head of gas says.

Eni to Sign Off on Mozambique Gas Project This Week
Tuesday, May 30, 2017 The Coral South project will require the construction of six subsea wells connected to a floating LNG facility.

South Africa Wants Sinopec to Retain Refinery Capacity
Thursday, May 25, 2017 Sinopec will pay almost $1 billion for a 75 percent stake in Chevron's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies announced in March.

South Africa Open to Iranian Investment if New Refinery Goes Ahead
Friday, May 19, 2017 South Africa, a net importer of refined oil products, is looking to West Africa and the Middle East, including Iran, for potential partners on a new refinery project, energy ministry officials said on Friday.

Uganda Selects Firms for Refinery Talks
Thursday, May 18, 2017 Uganda has been pursuing a tender for developing a $2.5 billion refinery to process part of the crude from its oil fields.

China's Norinco and Saudi Aramco Line Up $10B Refinery Plan
Tuesday, May 16, 2017 The investment would boost Aramco's presence in China's massive refining industry.