DMEA - Downstream Middle East & Africa
Bright Simons, vice president of policy think-tank IMANI Africa, has claimed that Sentuo Oil – a Chinese refinery – has neglected to resolve the problem of providing regular crude oil supply without forex liability.
Zimbabwe’s second petroleum pipeline project linking Beira in Mozambique to Harare is currently making good progress, according to a deal maker involved in the project.
Nigeria’s Port Harcourt Refining Complex (PHRC) located in Eleme is set to re-start full operations by the end of December 2023.
Iran has taken a major step to get a long-stalled project off the ground, after signing a memorandum of understanding to finance the construction of Anahita petroleum refinery in the western province of Kermanshah.
Falcon Corporation Ltd. (Falcon) has secured a NGN19.41bn ($241.8mn) debt facility from the Nigeria Infrastructure Debt Fund (NIDF), with some proceeds for the loan set aside for construction of a new state-of-the-art LPG facility.
Iranian crude oil arriving in China has grown more than 110% since the two countries signed a long-term “strategic” partnership agreement in 2021.
Sultan al-Jaber, the oil executive who is leading the COP28 climate summit in Dubai, has rocked the conference with highly controversial remarks that there is “no science” that phasing out fossil fuels is necessary.
Japanese shipowner MOL has agreed a carbon capture and storage deal with Bahrain’s state oil and gas holding company Bapco Energies.
Iranian Parliament Speaker Mohammad Baqer Qalibaf called energy shortage one of the most pressing concerns among other deficits, pinning the blame primarily on extravagant use of energy resources.
About half of the world's oil firms, totalling almost 50 companies, have committed to achieving "near zero" methane emissions and discontinuing routine flaring in their operations by 2030, and achieving net zero by 2050.
An oil pipeline in Yemen’s central Shabwa province has been damaged following an attack by an unidentified group of gunmen.
Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Company (NNPCL), has unveiled ambitious plans to create a regional gas pipeline network supplying natural gas across Africa.
Iran's natural gas extraction has reached 1bn cubic metres per day, with 70% gushing forth from the mammoth South Pars (SP) gas field, the head of the planning and project control at the Pars Special Economic Energy Zone (PSEEZ) said.
The group failed to agree on an additional cut that would apply to all members, so leading producers have once again decided to cut over and above the OPEC+ quotas
An Iranian technology-based company is exporting $20mn worth of catalysts used in the petrochemicals and steel sectors to Russia annually to get a tiny but notable share of the catalyst industry's global market.
The secretary general of the Iranian Federation of Petroleum Industry (IFPI) has sounded the alarm about a looming gas shortage, warning that Iran might turn into an energy importer as consumption outstrips production.
Kuwait has moved to ban used cooking oils in a bid to promote sustainable practising and maximise potential income from the production of biofuel.
In Zimbabwe, local energy firm Maswera Energies has partnered with Italian company Agis Andrea Mangaliardo to develop Autogas technology, a system that uses liquified petroleum gas to fuel cars.
Various oil company heads have suggested Tanzania avoid fuel import bills by turning to sustainable ethanol production from sugarcane or agricultural residues, including wheat straw, rice straw, rice husk and corn stover.
Nigerian President Bola Tinubu has announced the reappointment of Mele Kyari as CEO of the Nigerian National Petroleum Company Ltd. (NNPCL) in a bid to display continuity in the country’s oil sector.
The state energy firm has received encouraging support from regional institutions and while the value is dwarfed by the efforts of its neighbours, Bahrain’s energy transition ambitions may be aided by its comparative resource paucity.