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Africa & Middle East Headlines

South Africa: Industry Welcomes Fuel Product Amendments

The energy and auto industries have welcomed the amendments to the regulations regarding petroleum products specifications and standards which have been published by the Government Notice R421 of May 31.

The new fuel parameters provide long-term direction and certainty, as well as a clear roadmap for the South African oil industry to plan their future production, operations and investments.

 

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UAE – More Details on ADNOC Takeover of Emarat-Update

adnoclogo.jpgThis month sees Adnoc Distribution, a unit of Abu Dhabi National Oil Company (Adnoc)  take over the running of 74 petrol stations operated by Emarat. 

 

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South Africa: Petroleum Industry Association Warns of Downstream Inefficiencies

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The South African Petroleum Industry Association (SAPIA) has warned that the country’s oil refineries are performing poorly compared to peers in Europe and Asia. According to the Association, operational availability of local refineries was 3% lower than corresponding facilities abroad, while utilisation was lower by up to 15%.

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Ghana: Minister Demands Change in GOIL Staff Attitude after Rebranding

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Ghana’s Energy Minister has warned that Ghana Oil Company (GOIL)  staff need to abandon negative attitudes if the company’s rebranding is to succeed. Speaking after management unveiled a new logo for the country’s largest fuel retailer, Dr Joe Oteng-Adjei (pictured) appeared sceptical in media interviews that marketing alone could encourage customer loyalty.

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UAE: ADNOC Takes Over Emarat Fuel Stations

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Abu Dhabi National Oil Company will take over all of Emarat's fuel service stations in the UAE except those in Dubai after the federally-owned oil company decided to sell its convenience network on the back of large losses. 74 of Emarat's service stations will come under ADNOC control, the country's state news agency reported, while the national oil company continues to operate profitably because of its large crude fields. 

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Libya: SOCAR Not Planning Libyan Refinery

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SOCAR is not planning to construct a refinery or any service stations in Libya, the organisation has said. SOCAR, the state oil company for Azerbaijan, says it has no plans to operate in Libya because of the political instability that still exists in the country. SOCAR is currently constructing a refinery in Turkey and has interests in Azerbaijan, Romania, Ukraine and Georgia.

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