Gabon's plan to build a new 50,000b/d refinery to replace the ageing 24,000b/d Port Gentil plant is a necessity if the country wants to avoid becoming a net fuels importer. The plant would actually see the country's exports expand significantly. This would also be Samsung Engineering's first project in Sub-Saharan giving it the opportunity to acquire knowledge about the local terrain and establish its reputation on the continent.

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Taiwan’s Yung-An LNG terminal, operated by CPC, will get one liquefied natural gas cargo from Nigeria this week, according to port data.

The cargo is being hauled by the LNG Oyo, a 145,842 cubic-meter tanker, and it will reach Yung-An LNG import terminal on May 10.

The Yung-An terminal is Taiwan’s first liquefied natural gas receiving terminal, and it has a capacity of 7,5 million tons per annum.

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KBR has announced that David Zelinski has joined KBR as president of the Downstream business unit. David will be responsible for providing leadership to the Downstream business unit for KBR’s Hydrocarbons group.

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Libya's largest refinery, Ras Lanuf, which produces 220,000 barrels per day, is unlikely to restart for at least another month after a meeting between board members and shareholders, cited an official at the refinery operator Libyan Emirati Refining Co (Lerco).

It is not clear whether the original contract will also become subject to scrutiny and review.

Lerco is a joint-venture between Libya's state oil company National Oil Corporation (NOC) and UAE-based Al Ghurair group.

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Billions of rands of investment are flowing into South Africa as a result of the government's plans to move towards renewable energy. The rush is a boon to South Africa's nascent renewables market and major companies from across the globe are partnering in the first round of the independent power producer procurement programme for renewable energy.

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In recent times, fuel stations in parts of Accra have run out of petrol. Station managers have said that the actual reasons behind the shortage are unclear.

Checks at some Total, Goil and Shell filling stations around Kwashieman, Taifa, Odorkor, Kwame Nkrumah Circle, Achimota among other areas in the country have revealed that diesel is being sold, but the conspicuous sign of “No Petrol” welcomes would-be petrol buyers.

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The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has asked the Federal Government of Nigeria to demonstrate genuine commitment to end gas flaring in Nigeria by shutting down platforms that are still flaring the commodity that is in high demand globally.

The group’s demand came amid reports that Shell emitted 6.1 million tonnes of carbon dioxide into the Nigerian environment during oil and gas operations in 2011 alone. Another report said, while gas flaring has declined world-wide, Nigeria accounted for 80 per cent global gas flaring in 2011.

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The US and Israel are threatening to bomb Iran, and, even without and before that, petrol prices are nudging back towards the historic highs of 2008. Brent already stands at $125 per barrel, and we know from the last commodity boom that it can't go much higher
before a lot of poor people get hurt -because we now understand the linkage between high fuel prices and high food prices that afflicted hundreds of millions of people around the world in the middle of the last decade.

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Zimbabwe's government says it has no immediate plans to enact a statute that will compel fuel companies to blend petrol with ethanol.

Energy and Power Development Minister Elton Mangoma, said players in the county's sole Green Fuel project in Chisumbanje were free to export their product to maximise on profits.

Zimbabwe's government through the Agricultural Rural Development Authority entered into a joint venture with Macdom Investments, a private firm in a US$600 million ethanol project in Chisumbanje.

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