A Kenyan court has ordered parties to maintain the status quo on disputed land earmarked for Dangote’s $15bn-$16bn Lamu refinery ahead of the September 30 groundbreaking.

The award comes as Dangote Petroleum Refinery advances a $14.3bn expansion that would double capacity to 1.4mn bpd and pursues new refining and fuel-distribution projects in Kenya and elsewhere in Africa.

Iran's crude exports fell to about 0.5mn b/d in July and August from 2.6mn b/d in January as China cut seaborne imports and Iranian tankers held tens of millions of barrels in floating storage.

OMV Petrom and Romgaz have confirmed that the Neptun Deep offshore gas project remains on schedule, with first natural gas expected in the first half of 2027 and a plateau production of 8 bcm per year targeted for the third quarter.