- Iran plans oil-refinery expansion to cut gasoline imports
June 12, 2016
Iran plans to increase its refining capacity for crude and condensate by more than 70 percent within the next four years as it works to improve the quality of fuel sold on the domestic market and wean itself off imported gasoline.
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- 'Niger delta avengers' sabotage oil output
June 05, 2016
A band of saboteurs that calls itself the Niger Delta Avengers has been prowling the swamps of Nigeria’s petroleum-rich south for four months, bombing pipelines and diving underwater to destroy equipment.
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- Diesel margins nearly double as El Nino spurs Asia oil demand
June 03, 2016
Diesel, one of the worst performing fuels in the refining complex for years, has seen its fortunes turn around as extreme hot weather has boosted demand, especially at power generators in South Asia.
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- Oil watchers encouraged by market despite lack of OPEC action
June 03, 2016
Oil market watchers see supply and demand moving back into balance despite the Organisation of Petroleum Exporting Countries refusing to rein in output, but remain worried prices are still too weak to drive much-needed investment.
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- Gas may transform Mozambique even as debt darkens confidence
June 02, 2016
About 30 minutes down a pot-holed road from Vilanculos, where dhows ferry tourists to luxury resorts on Bazaruto island, Sasol Ltd. is ramping up output of a fuel that could transform the world’s 13th poorest nation.
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