Crude Processing

Recent developments in Nigeria’s oil sector significantly impact the Dangote refinery, positioning it to address ongoing supply challenges while reshaping the broader market landscape with global implications. 

Hungarian oil group MOL has announced a delay in its transition to processing entirely non-Russian crude, now targeting the end of 2026 for this objective.

Recent adjustments in refining operations at key locations, including Italy's Falconara, Uzbekistan's Fergana, and China's Shandong, are reshaping global oil markets through changes in crude sourcing and processing practices.

Scotland’s sole crude processing facility, the Grangemouth refinery, is set to cease operations in the second quarter of 2025, as confirmed by Petroineos.

The STAR refinery in Türkiye, a significant purchaser of Russian Urals crude, is scheduled for an extensive maintenance period starting in early Sept.

Nigeria's Dangote Refinery is set to increasingly source its feedstock from domestic suppliers, reducing its reliance on American crude oil.

Canada’s Kearl Lake Blend crude is making a return to the Chinese market for the first time since 2018, marking a significant development in global oil trade dynamics.

Nigeria's Dangote Refinery, poised to become one of the world's largest oil processing facilities with a capacity of 650K b/d, is on the brink of transforming global fuel markets.

The Dangote refinery, a significant new player in Nigeria's oil sector with a capacity of 650K b/d, faces severe challenges in securing adequate domestic crude supplies.