South Africa’s imports over 60% of its required petroleum products
South Africa’s fuel industry has undergone a dramatic transformation in recent years, with the country currently importing over 60% of
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Oil refinery
Aramco and Total to construct world scale petrochemical facility
PARIS – The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have taken the final investment decision for the construction of
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SAPREF: SA’s biggest refinery pauses production indefinitely
Shell & BP South African Petroleum Refineries (SAPREF) have announced that they will commence with a spending freeze and pause
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Addition of steam cracking increases refinery’s yield of petrochemicals
Refiners are increasingly taking on petrochemicals production to remain competitive as the energy transition takes hold and demand for transport fuels
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Cutting emissions intensity will give refineries competitive edge
Despite peak oil demand being on the horizon, refiners fight for their survival. Whereas expanding the product mix will be
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Oil recovery shows demand is still rebounding as it hits $82/barrel
With the pandemic is still around us, its impact on the world economy and on energy demand is fading. Renascent
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Imperial Oil to produce renewable diesel using locally grown crops
Imperial Oil plans to build a renewable diesel complex at its Strathcona refinery near Edmonton, Canada, using locally grown vegetable
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Oil markets to be back at pre-crisis highs by Q4 2022
Wood Mackenzie forecasts demand in oil market will be back at pre-crisis highs by Q4 2022, while a resurgent Brent
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SA’s largest refinery shuts down temporarily amid looting
DURBAN – The Sapref oil refinery that accounts for more than a third of the country’s fuel supply has declared
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Danube refinery starts producing biofuel
Following several years of research and development MOL has stepped up the value chain and has become a biofuel producer,
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Oil refinery closures could see platinum returned to the market
As the number of coronavirus cases surges across Europe and the US, demand for refined petroleum products is taking another
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