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Massive Dangote Refinery To End Nigeria’s Fuel Shortage

AFRICANGLOBE - A plan by Africa's richest man to transform one of the continent's largest oil industries is taking shape on a swampy piece of land outside Nigeria's commercial capital, Lagos. Nigerian industrialist Aliko Dangote is constructing a refinery that has the capacity to turn 650,000 barrels of oil into gasoline, diesel, kerosene and jet fuel — enough to potentially satisfy all the country's daily needs.

Ethiopia: Oil Marketer Plans $5 bn Refinery

AFRICANGLOBE - Ethiopia's leading private oil marketer plans to build a $5 billion refinery within ten years to meet the growing demand for refined products in a region experiencing fast economic growth. A refinery could compete with imports from India, the Gulf and beyond, and also help African countries extract more value from their own oil discoveries.

Yoweri Museveni Warns African Leaders On Oil Agreements

The President of Uganda, Yoweri Museveni on Saturday warned his African counterparts to avoid any form of manipulation likely to come from oil companies...

Oil to Catalyse Billions in Investment in East Africa

Recent oil discoveries will trigger billions of dollars in investment into Uganda, a new report says. However, it warns that oil discoveries in neighbouring...

South Africa and China Partner on $11-Billion Refinery Project

South Africa's state oil company PetroSA has partnered with China's Sinopec Group to work together in pushing the building of the proposed Mthombo crude...

Sudan’s Oil Dispute And Regional Economic Complex

AFRICANGLOBE - Recent events in East Africa including economic concessions that brought together Ethiopia, Kenya, and South Sudan have reflected negatively to two neighbors, Uganda and Sudan. While Uganda was aggrieved by the rail, oil pipeline, and refinery deal between Nairobi and Juba, diplomacy might have downplayed emotions showcased by president Museveni of Uganda.

Kenya Oil Discovery – Is an Oil Refinery in Uganda Still...

The discovery of oil in Kenya has raised a complex question - Is it still viable to build a refinery in Uganda or not? Following...