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Global crude-oil refiners will not be able to follow a single roadmap to lower carbon emissions, and each region will adopt its own approach, energy company executives said at a Houston conference on Tuesday.
African Energy Week (AEW) 2021 represents the continent’s premier energy event organized by the African Energy Chamber (AEC) (EnergyChamber.org), in partnership with South Africa’s Department of Mineral Resources and Energy. With only one week to go, the Africa-focused, Cape Town-based event will see the continent’s leaders, energy sector key players and stakeholders from across the […]
By achieving 50 per cent market penetration, Nigeria and other African countries can save more than $774 billion by intensifying the adoption of Liquefied Petroleum Gas (LPG)
Oil and gas Finance and energy experts have said there are options that might enable Africa to finance oil and gas projects despite campaign against fossil fuels. The experts also emphasized the need to focus on cleaner, harmonised fuel specifications as well as environment, social and governance (ESG) considerations to reduce the looming public health and environmental impacts on Africa’s citizens while boosting cross-border trade of petroleum products under the implementation of the African Continental Trade Agreement (AfCFTA). The African Refiner and Distributor Association (ARDA), which...
Punch Newspapers Sections Published 4 June 2021 Nigeria and other African countries will need about $15.7bn to upgrade the existing 36 refineries on the continent, the African Refiners and Distributors Association has said. ARDA said the fund would be needed for the refineries to be able to produce petroleum products that would conform to a planned level of sulphur content. It said in a statement on Thursday that the $15.7bn would be needed for the engineering, procurement and construction processes for the upgrade of the facilities. The African Union and ARDA had planned an initiative called...