Kelly Norways

Energy Market Reporter at S&P Global

Energy reporter at @SPGCI covering all things refining, policy and trade flows across EMEA. Views my own etc. [email protected]

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Articles

INTERVIEW: 'Gas is the future' for Republic of Congo as it battles stalling oil production

Nov 25, 2024 | spglobal.com | Kelly Norways

The Republic of Congo has set its sights on growing gas production to jump-start its hydrocarbons output, with declining crude oil production triggering a scramble to diversify into new markets. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Russian refineries runs likely to suffer on poor margins

Nov 21, 2024 | spglobal.com | Elza Turner |Kelly Norways |Vladislav Vorotnikov

Russian refineries are likely to reduce or keep their crude throughputs unchanged in the coming weeks as a gasoline export ban continues to hurt margins, with other factors weighing on their processing plans, according to market sources and analysts. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
The African refining revolution: challenges and opportunities

Nov 21, 2024 | spglobal.com | Francesco Di Salvo |Matthew Tracey-Cook |Kelly Norways

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Refined Products | Upstream After several false starts in developing domestic refining capacity, the African continent is now home to one of the world's largest refineries.
Africa's refining resurgence on course despite margin risk

Nov 19, 2024 | spglobal.com | Kelly Norways

The threat of a permanent downswing in global refining margins has not stopped African refinery projects from progressing, as amplified energy security concerns have spurred new capacity additions. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Nigeria's Dangote refinery to export first gasoline as local market struggles

Nov 11, 2024 | spglobal.com | Kelly Norways |Matthew Tracey-Cook

Nigeria's giant Dangote refinery has agreed to export more than 200,000 mt of its gasoline, according to a company official, as local demand for costlier, higher quality fuel has disappointed stakeholder expectations. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Speaking to S&P Global Commodity Insights Nov.
Rhino Resources to begin drilling in Namibia's Orange Basin

Nov 5, 2024 | spglobal.com | Kelly Norways

South Africa's privately owned oil exploration company Rhino Resources is set to begin its first drilling campaign in Namibia's Orange Basin by the first quarter of 2025 after a decade of exploration in the country, according to joint project stakeholder NAMCOR. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Speaking to delegates at Africa Energy Week in Cape Town Nov.
Short-term investment bias adds to Africa's oil financing woes

Nov 4, 2024 | spglobal.com | Kelly Norways

Increasingly polarized oil demand forecasts have added to Africa's upstream investment challenges by reducing investor tolerance for long-term projects, industry experts told delegates at Cape Town's Africa Energy Week on Nov. 4. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Nigeria's Dangote blames weak regulatory oversight for 'dumped' fuel undercutting supply

Nov 3, 2024 | spglobal.com | Kelly Norways

Nigeria's Dangote refinery has blamed poor enforcement of the country's new fuel quality standards for shrinking demand for its gasoline, with international traders among thosecapitalizing on weak oversight, according to a refinery executive and a company statement. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Nigeria sharpens Caribbean focus with deal to develop Grenada's nascent hydrocarbon reserves

Oct 28, 2024 | spglobal.com | Janet McGurty |Kelly Norways

The Caribbean, once home to vital oil refining and storage facilities, lost much of its luster during the refining downturn in 2012, which saw many Atlantic Basin refineries, including those on the US Atlantic Coast close and/or become terminals. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
IEA cuts global refinery runs forecasts on poor margins

Oct 15, 2024 | spglobal.com | Elza Turner |Kelly Norways

The International Energy Agency has revised further down its estimates for global refining runs on the back of poor margins. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. It now expects refinery throughput of 82.8 million b/d in 2024, down 180,000 b/d from its previous estimate and then 83.4 million b/d in 2025, down 210,000 b/d.