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MAX & Kofa Partner for TAILG Jidi Electric Motorcycle Financing in Ghana

CleanTechnica EVs

MAX has over fourteen branches across Nigeria, Cameroon, and Ghana. continued] The post MAX & Kofa Partner for TAILG Jidi Electric Motorcycle Financing in Ghana appeared first on CleanTechnica. Lagos-headquartered MAX describes itself as a technology-enabled company driven by a vision to solve mobility challenges in Africa.

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Equatorial Guinea, DRC to develop joint oil refinery and storage facilities

Green Car Congress

These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. —Equatorial Guinea’s Minister Gabriel Mbaga Obiang Lima.

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Nigeria’s 650 kbpd Dangote Refinery being commissioned; largest single-train refinery in world

Green Car Congress

The Dangote Petroleum Refinery, which covers an area of approximately 2,635 hectares—about the six times the size of Victoria Island in Lagos, Nigeria—is expected to be Africa’s largest oil refinery and the world’s largest single-train facility. Refineries need to employ strategies to manage wax formation.)

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UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

Green Car Congress

million metric ton per annum and a storage capacity of 200,000 cubic meters, as well as ancillary facilities to be located 60km from the shore of Akwa Ibom State, Nigeria. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2 —NJ Ayuk, the Executive Chairman of the AEC.

Nigeria 186
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The Saudi Dilemma: To Cut Or Not To Cut

Green Car Congress

“Even if [Brent] prices fall further to $40-$50 a barrel, immediate balance of payments strains are unlikely to emerge,” the report said, with its authors adding the Kingdom would be able to finance its trade deficit from its foreign exchange reserves “for at least a decade.”. This suggestion is not universally accepted. Kemp agrees.

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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The 650,000 b/d Dangote Industries refinery in Lagos, Nigeria, set to be the largest in the country when completed, may come online in late 2022 or 2023. More than 2 million b/d of new refining capacity construction is expected to come online to support markets in the Indian Ocean basin in 2022.

Global 448
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GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

Although Nigeria has reduced flare gas emissions by 28% from 2000 levels, the country’s oil industry still wastes 15bcm of natural gas every year. Expand access to financing. Various forms of credit enhancement, including partial risk guarantees, are one option to support investment while policy reforms are underway.

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