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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.

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IEA: non-OPEC oil supply tops 43 mb/d for first time in decades; global demand to reach 92.4 mb/d in 2014

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Renewed disruptions in Libya and smaller drops in Nigeria, Kuwait, the United Arab Emirates and Venezuela more than offset higher output in Iran, Iraq and Angola. mb/d in October, down by 2 mb/d on September and by 1 mb/d from the previous year, on sweeping plant maintenance and weak margins. Global refinery crude runs plunged to 73.6

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TUM, partners to present electric aCar prototype at IAA; transport for sub-Saharan Africa

Green Car Congress

An electric drive is not only greener, but is also the better solution in technical terms, since it is low-maintenance and can apply its full torque directly to accelerating from a stop. Four-wheel drive is a must for the roads of Africa, the majority of which are not paved. Otto SPANNER GmbH; Schnupp GmbH & Co. and Hydraulik KG.

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Petrobras oil & natural gas output up 4% in Brazil in June to 2.4M boed

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The resumption of production at platforms that had been undergoing scheduled maintenance in the Campos Basin, and operations starting at another well connected to platform P-57, in the Jubarte field (Espírito Santo portion of the Campos Basin), contributed to these results. compared to the previous month’s output, and of 3.5%

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The 5 Countries That Could Push Oil Prices Up

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The ‘Fragile Five’ petrostates—Iran, Iraq, Libya, Nigeria and Venezuela—continue to see supply disruption potential, with northern Iraq crude exports at risk due to an escalation of tensions between the (Kurdistan Regional Government), Baghdad and Turkey, while the United States has decertified the 2015 Iran nuclear deal,” U.S.

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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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Maintenance of the field is expected, resulting in a shut-down of production—something that has been confirmed by Sadad Al Husseini, former VP Aramco. If Saudi Aramco or QP are already experiencing production threats, the situation in other production regions, such as Nigeria, Libya or Mexico, could be even more dire.

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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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CNOOC Limited is committed to Nexen’s assets in the UK, including current investment plans for the maintenance and development of all producing, development and exploration assets, including Buzzard and Golden Eagle, with opportunities for continued cooperation with UK-based suppliers.

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