The Vault · 2026-04-07 07:56:58 · Bloomberg Markets
Africa's largest oil producer has taken decisive action to secure its domestic fuel supply, doubling the flow of Nigerian crude to the Dangote Refinery in March. This sharp increase is a direct response to the disruption of Middle East shipments caused by the Iran war, highlighting the refinery's critical role as a str...
The Vault · 2026-04-09 07:26:57 · Bloomberg Markets
The Dangote Group's ambitious five-year expansion plan hinges on securing at least $40 billion in investment, a staggering capital requirement revealed by the African Export-Import Bank (Afreximbank). This figure underscores the scale of the Nigerian conglomerate's drive to dramatically scale its industrial footprint a...
The Network · 2026-04-10 11:39:35 · Seeking Alpha
A major joint venture refinery in Saudi Arabia has been shut down, with its operators explicitly citing damage sustained from regional conflict. The facility, a 50/50 partnership between French energy giant TotalEnergies and Saudi state-owned Aramco, known as the SATORP refinery in Jubail, is one of the largest and mos...
The Lab · 2026-04-15 23:52:48 · Bloomberg Markets
A major fire at Viva Energy's Geelong refinery in southeastern Australia has triggered immediate concerns over national fuel production and supply security. The incident, described as 'significant' by authorities, forced the activation of emergency response protocols and has directly impacted operations at one of the c...
The Network · 2026-04-16 13:52:37 · ZeroHedge
A significant fire has erupted at Viva Energy's Geelong refinery, a critical facility that accounts for roughly 10-12% of Australia's total fuel supply and meets about half of Victoria's demand. The blaze at the 120,000-barrel-per-day plant, one of only two remaining oil refineries in the country, introduces a severe n...