Managing the refinery risk of price volatility

Living with the risk of daily oil price volatility on both crude oil and products is part of the life of any refinery. While margin risk can—and has—forced many refiners out of business, the process is generally a slow one.

African Refining in The New Decade

The African refining sector continues to evolve, with challenges encountered and opportunities seized. Headline projects, such as the 650,000 b/d Dangote refinery, have spurred new optimism in the sector.

LPG uptake strategies in Sub-Saharan Africa

LPG consumption in SSA has experienced tremendous growth over the past 10 years, averaging a compound annual growth rate of 9.6%. Consumption has more than doubled since 2010, reaching 4.0mn mt in 2019.

Crude Oil Pricing in West Africa

Crude trading in West Africa has been battered over the past five years by shifts in trade patterns, low oil prices and now by rapidly changing relative values for crudes as new IMO rules for bunker fuels loom.

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