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Several members of the 16-man crew on a Liberia-flagged tanker are being held hostage by pirates who boarded the ship in West Africa’s Gulf of Guinea last week, the Danish shipper that owns the ...
The East African Crude Oil Pipeline (EACOP), also known as the Uganda–Tanzania Crude Oil Pipeline (UTCOP), [4] [3] is a 1,443 km crude oil pipeline in planning since 2013, with a foundation stone nominally under construction since 2017, [5] and is intended to transport crude oil from Uganda's Tilenga and Kingfisher oil fields to the Port of Tanga, Tanzania on the Indian Ocean.
The Dangote Refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 [1] in Lekki, Nigeria. When fully operational, it is expected to have the capacity to process about 650,000 barrels of crude oil per day, making it the largest single-train refinery in the world. The investment is over US$19 billion. [2]
Some statistics on this page are disputed and controversial—different sources (OPEC, CIA World Factbook, oil companies) give different figures. Some of the differences reflect different types of oil included. Different estimates may or may not include oil shale, mined oil sands or natural gas liquids.
The initial capacity of the pipeline will be 6 million cubic meters of oil per year. [2] [3] It is possible that the maximum capacity would be higher because of the high demand. [3] The project foresees the refurbishment and construction of tankage and improved loading capabilities in Matola, and new tankage in Nelspruit, Mpumalanga. [1] [4]
Ever since the late 1950s, when commercial quantities of oil were first discovered in Nigeria's Niger Delta basin, West Africa has been an area of interest for oil and gas exploration and ...
In March 2021, the AEC published its book, African Energy Road to Recovery: How the African Energy Industry Can Reshape Itself for a Post COVID-19 Comeback. [9] [10] The book outlined issues and potential solutions to oil and gas in African countries and described Africa's economic conditions during the COVID-19 pandemic.
Sub-Saharan Africa is the only region in the world where per-capita access rates are falling. [15] According to recent trends, over 60% of Sub-Saharan Africans will still lack access to electricity by 2020. [12] Moreover, Africa has an average electrification rate of 24%, while the rate in the rest of the developing world lies closer to 40%. [12]