Egypt eyes Algerian crude imports to secure summer energy supplies

AfrOil - Africa Oil & Gas
MEOG - Middle East Oil & Gas
By bna Cairo bureau 12 May 2026
Egypt’s Ministry of Petroleum and Mineral Resources is studying plans to import around 6mn barrels of crude oil from Algeria starting in July 2026, as part of efforts to diversify supply sources and strengthen energy security,

Libya regains full control of Ras Lanuf refinery and petrochemical complex as Trasta Energy exits

AfrOil - Africa Oil & Gas
MEOG - Middle East Oil & Gas
By bna Cairo bureau 12 May 2026
Libya signed a final agreement with Trasta Energy to end their partnership in the Libyan Emirates Oil Refining Company (LERCO), restoring full Libyan ownership and management of the Ras Lanuf refinery and petrochemical complex

Nigerian billionaire Dangote favours Kenya over Tanzania for 650,000-bpd East Africa oil refinery

AfrOil - Africa Oil & Gas
DMEA - Downstream Middle East & Africa
By Newsbase 12 May 2026
Africa's richest man says Kenya is emerging as the preferred location for a proposed $15bn–$17bn refinery, citing Mombasa’s deep port and large fuel market.

ADNOC injects $55bn into UAE refining and manufacturing activities

MEOG - Middle East Oil & Gas
By bnm Gulf bureau 12 May 2026
ADNOC confirmed that it is deploying AED 200bn ($55bn) in capital investment across refining, manufacturing and marketing between 2026 and 2028.
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