By Chris Mfula LUSAKA, Nov 26 (Reuters) – Zambia will place its sole 24,000 barrel per day Indeni Petroleum Refinery on care and maintenance under reforms aimed at increasing security of fuel supply, Energy Minister Peter Kapala said on Friday. Kapala said in a statement that Africa’s second largest copper producer would import refined diesel
The terminal is expected to cut cost of petroleum products by reducing the cost of demurrage or the extra time taken to load and unload cargo, a big factor to the high cost of oil in the region. Completion of the new Kipevu Oil Terminal in Mombasa will see Kenya double its capacity to handle
In 2023, ENI wants to start operating in the baleine offshore field, which it only discovered three months ago. It intends to rely on its experience in Ghana and the good Ivorian infrastructure that already exists. In early September 2021, the Italian hydrocarbon giant ENI discovered the Baleine offshore field, off Assinie, which is believed
Despite concerns over the new Covid-19 variant, Omicron, and recent emergency oil reserves releases by a United States-led coalition, the Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ yesterday resolved to stick with its current production policy of 400,000 bpd monthly increases in January. The decision came as a surprise to
For the umpteenth time, the international oil companies (IOCs) operating in Nigeria have restated their confidence that the advent of the Petroleum Industry Act (PIA) will trigger an increase in investment inflows and opportunities in the country’s petroleum industry. The oil majors, who recognised the ongoing energy transition, its inevitability and impact on fossil fuels
AEI is an Africa focused publication, conceived as a response to the skeletal information available on Africa’s energy & Infrastructure. AEI is one of Africa’s trusted knowledge source for Energy & Infrastructure news.