Page 1 - DMEA Week 12 2022
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Issue 532 24•March•2022 Week 12
Angolan refineries come into view
After years of delays, Angola expects to see tangible progress on two of three
long-awaited refining projects within the next few months.
amco under attack ... again
Ar
Saudi Aramco facilities came under attack once again this week from
missiles and drones launched by Yemen’s Iran-aligned Houthi militia.
Hoima refinery FID seen in 2023
Uganda’s Energy Minister believes that the final investment decision (FID)
will be taken on the Hoima oil refinery during 2023.
Price and Aramco performance
Aramco posted its full-year results for 2021, registering a 124% increase in
net income on the back of an almost $30 rise in the average price of crude.
