Oil Refineries
latest news & developmentsAfrica low on refineries, including oil-producer Nigeria
Because of their lack of oil refineries, African countries become vulnerable to fluctuations on global markets
New clean fuel standards could be the end of refineries and lead to job losses
In the absence of mechanisms to recoup investment into cleaner fuels, refineries may be faced with tough decisions
Fuel shortages loom as unrest forces SA’s largest refinery to shut
Sapref declares force majeure, shutting down 35% of SA’s fuel supply
Petro states: What happens when 30% of your national budget disappears in a decade?
As the demand for oil shrinks and prices collapse, Africa’s petro states — the likes of Angola, Nigeria, Egypt and Equatorial Guinea — will be left with massive holes in their…