Foreign companies are in talks to buy a stake of up to 24 percent in the Bina refinery in India's Madhya Pradesh state which is jointly owned by Bharat Petroleum Corp (BPCL) and the Oman Oil Company
South Africa does not need another oil refinery because the slowing economy has curbed demand and the country has ample petrol production, said Shash Rabbipal, the new chairman at the local unit of Chevron.
Port Harcourt Refining Company (PHRC) managing director Bafred Enjugu told AFP that Nigeria was finally "domesticating" the refining of crude into products
Morocco's only oil refiner, Samir, called for an extraordinary general assembly meeting on October 16 to approve plans for a capital increase of $1.04b in an effort to end the company's financial difficulties