Managing the refinery risk of price volatility

Living with the risk of daily oil price volatility on both crude oil and products is part of the life of any refinery. While margin risk can—and has—forced many refiners out of business, the process is generally a slow one.

African Refining in The New Decade

The African refining sector continues to evolve, with challenges encountered and opportunities seized. Headline projects, such as the 650,000 b/d Dangote refinery, have spurred new optimism in the sector.