Refining - 21 December 2015

Pertamina and Saudi Aramco move closer towards forming a joint venture that will include a US$5 billion upgrade to an Indonesian refinery.

The Kaduna refinery has restarted production ahead of time, after being closed for several months for maintenance and repairs.

Nigerian state oil firm, NNPC, will award new crude for oil products swap agreements to Total, Varo Energy, Cepsa and ENI.

Sonangol and Eni have signed a commitment to upgrade the Lobito Refinery of Sonangol and have agreed on which instruments are needed to increase demand on investments into the upstream sector.