2024 oil refining production line in Johannesburg

Oil Market Report October 2024 Analysis IEA

  • 2024 oil refining production line in Johannesburg
  • 2024 oil refining production line in Johannesburg
  • 2024 oil refining production line in Johannesburg
  • 2024 oil refining production line in Johannesburg

Oil Market Report August 2024 Analysis IEA

Feature article: The outlook for the oil market in 2024

Predictions and Possible Scenarios for 2024

Future of oil refining in South Africa highly

  • How will South Africa's oil refinery sector change in 5 years?
  • South Africa ’s oil refinery sector is expected to undergo significant changes in the coming five years, with Engen having already indicated that it will repurpose its refinery site in Durban as a fuel importation terminal and with global and domestic shifts likely to place significant pressure on the others.
  • Which countries will see a decline in oil production in 2023?
  • largest declines are expected in Mexico and Azerbaijan. OPEC NGLs and non-conventional liquids are forecast to grow by 50 tb/d in 2023 to an average of 5.44 mb/d an by another 65 tb/d to an average of 5.51 mb/d in 2024. OPEC-13 crude oil production in June increased by 91 tb/d m-o-m to an avera
  • Could BP and Shell sell South Africa's oil refineries?
  • It was also possible that those refineries currently associated with international oil majors that had signalled a desire to withdraw from refining, such as BP and Shell, could seek to sell their South African refining assets, he said. BP and Shell currently own the 165 000 bbl/d Sapref refinery in Durban, which is South Africa ’s largest.
  • What is Norwegian oil production in 2023?
  • y to an average of 1.8 mb/d, albeit higher by 136 tb/d. Monthly oil production was 1.3% th however, remained broadly unchan m-o- at an average0.2 mb/d, according to NPD data. OPEC.For 2023, Norwegian liquids production is forecast to expand by 0.2 mb/d, largely unchanged compared

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