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Refining

Refining is the industrial process of converting crude oil and other raw petroleum products into usable fuels, lubricants and petrochemical feedstocks. The sector encompasses facilities that separate, crack, reform and blend hydrocarbon streams to produce petrol, diesel, jet fuel, liquefied petroleum gas, heating oil and a range of intermediate products for downstream chemical manufacturing. Refineries are capital-intensive installations that employ distillation, catalytic conversion and treatment units to upgrade crude oil according to market demand and product specifications. The industry plays a critical role in energy security by ensuring the availability of transport fuels and other essential petroleum products for national economies. Refining capacity, utilisation rates and product yields are key indicators of a country's ability to meet domestic fuel demand and reduce reliance on imported refined products. In Africa, refining infrastructure has historically lagged behind crude oil production, with many oil-producing nations exporting crude and importing refined fuels at higher cost. Recent investments in large-scale facilities such as the Dangote Refinery in Nigeria reflect efforts to close this gap and capture more value from domestic hydrocarbon resources. The sector faces ongoing challenges from volatile crude prices, environmental regulations, the energy transition and competition from more efficient global refineries. Refining margins, the difference between crude input costs and refined product revenues, determine the profitability and viability of individual plants. The industry is represented by bodies such as the African Refiners and Distributors Association, which promote regional cooperation and capacity development.

Refining Updates


The Dangote oil refinery
Dangote refinery can be global jet fuel supplier, CEO says
3rd June 2026 By: Reuters

Nigeria's 650 000 bbl/d Dangote oil refinery has a large surplus of jet fuel and can supply the product all over the world, CE David Bird said on Tuesday. With demand on the African continent lower... 


Iron-ore operation in Brazil
Brazil proposes three-phase carbon market rollout starting 2027
20th May 2026 By: Reuters

Brazil's Finance Ministry on Tuesday released a preliminary proposal for phased sectoral coverage of the country's regulated carbon market, outlining which industries will be required to report... 


Electroheat Induction furnaces used in gold smelting
Technology improves energy efficiency in mine smelting furnaces
15th May 2026

Induction smelting furnaces are increasingly being used by refineries and gold- or silver-processing plant to recover precious metals from concentrates and precipitates. These systems combine... 


STRENGTHENED COOPERATION 
Senegal and Nigeria have committed to strengthening cooperation in areas such as refining, policy development, gas monetisation and national oil company collaboration
Senegal, Nigeria deepen cooperation to strengthen energy ties
24th April 2026

Gas monetisation and broader gas cooperation will become central to strengthening energy ties between Senegal and Nigeria, following a high-level working visit aimed at deepening collaboration... 


Photo of Terence Creamer
Big lingering questions
17th April 2026 By: Terence Creamer

During the most recent energy crisis – triggered by attacks by the US and Israel on Iran that resulted in the near closure of the Strait of Hormuz energy corridor ahead of a tenuous ceasefire – one... 


Africa urged to seize opportunity to increase its refining capacity
15th April 2026 By: Rebecca Campbell

Current conflicts have been a reminder of the fragility of global energy networks, with 30% of the world's supply of oil and gas now shut down due to the disruption of shipping through the Strait... 


An oil tanker at port
Botswana has not requested stake in Lobito refinery, Angola's Sonaref says
15th April 2026 By: Reuters

State-owned oil firm Sonangol's refinery division Sonaref has not received any formal communication from Botswana signalling its desire to acquire a stake in Angola's new $6.6 billion Lobito... 


A file photo of the Engen refinery site in Durban
Vivo Energy converting Durban refinery into fuel storage hub
14th April 2026 By: Bloomberg

Vitol Group’s Vivo Energy is building fuel tanks at a former Durban refinery site to become a leading South African storage hub, buffering the import-dependent nation from oil market shocks.... 


African development needs greater refining capacity
13th April 2026 By: Rebecca Campbell

African industrialisation needs secure energy supply chains. So highlighted African Refiners and Distributors Association (ARDA) executive secretary Anibor Kragha in a concise address to the 2026... 


Former Nigerian President Olusegun Obasanjo
Africa needs to add value to its resources
13th April 2026 By: Rebecca Campbell

Exporting raw materials and then importing finished products is bad for Africa. So affirmed former Nigerian President Olusegun Obasanjo in a concise video address to the 2026 African Refiners and... 


IATA director-general Willie Walsh
IATA warns replenishing jet fuel supplies could take months even if Hormuz reopened
8th April 2026 By: Reuters

The head of a body representing global airlines warned on Wednesday it would take months for jet fuel supply to recover even if Iran reopened the Strait of Hormuz, given disruptions to Middle East... 


Financing Africa’s Industrialisation: Energy Leaders Join ARDA 20th Annual Convention in Cape Town to Strategise on Vital Investments in Oil Downstream
27th March 2026

The milestone 20th annual conference of the African Refiners and Distributors Association (ARDA), comprising Africa’s downstream oil energy leaders, in Cape Town from April 13 to 17 will, among its... 


MineShift 2026 reframing Africa’s role in the precious-metals value chain
MineShift 2026 reframing Africa’s role in the precious-metals value chain
27th March 2026

The future of African mining will not be defined solely by how much the continent can extract, but by what it builds, retains and passes on through value creation, says MetCon MD Grant Crosse. One... 


Dangote oil refiney
Middle East shock gives Nigeria's Dangote leverage as cheap imports dry up
23rd March 2026 By: Reuters

Nigeria's Dangote Petroleum Refinery has stepped up gasoline exports across Africa as disruptions to energy flows due to the Iran conflict squeeze traditional fuel supply routes, curbing the cheap... 


An aeroplane being refuelled
In Africa, the cost of jet fuel is changing faster than you can fly
23rd March 2026 By: Reuters

Airlines are grappling with soaring jet fuel prices as the U.S.-Israeli war on Iran has caused a supply shortage - leaving consumers facing surcharges and airlines struggling to manage volatile... 


S&P Global Energy forecasts oil prices of $70/bbl to $100/bbl for the remainder of this year
13th March 2026 By: Schalk Burger

Energy market intelligence company S&P Global Energy says the 17-million-barrel-a-day reduction in crude oil and refined product supply available to the market from March 1 to 11 represents the... 


The Dangote oil refinery
Oil producers should invest in Nigeria to diversify supply in time of crisis, Minister says
11th March 2026 By: Reuters

The Middle East conflict shows why Gulf oil and gas producers should regard Nigeria as a partner, not a rival, to help diversify supply during crises, Foreign Minister Yusuf Tuggar told Reuters.... 


The Dangote oil refinery
Dangote signs $400m equipment deal with China's XCMG to speed up refinery expansion
17th February 2026 By: Reuters

Nigeria's Dangote Group has signed a $400-million equipment deal with China's Xuzhou Construction Machinery Group to speed up the expansion of its oil refinery toward a planned 1.4-million barrels... 


Astron Energy: A Strategic Pillar of South Africa’s Economy
Astron Energy: A Strategic Pillar of South Africa’s Economy
3rd February 2026

South Africa’s mining sector depends on energy systems that work seamlessly from production to point of use with an increase in the reliability of enabling infrastructure, particularly fuel supply.... 


The Dangote oil refinery
Nigeria's Dangote oil refinery says fuel supply intact amid maintenance
6th January 2026 By: Reuters

Nigeria's 650 000 bL/D Dangote refinery has dismissed reports of a shutdown, saying production remained stable and uninterrupted despite ongoing maintenance. Africa's largest oil refinery said late... 


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