DMEA - Downstream Middle East & Africa

Panic buying begins in Nigeria as naira-for-crude initiative ends

The Nigerian government’s cancellation of the naira-for-crude initiative has led to the beginnings of a fuel crisis, with retailers hoarding fuel to guarantee they have enough to sell at a higher rate – according to Business Insider Africa.

SNPC presents Gas Master Plan at Congo Energy & Investment Forum in Brazzaville

The Republic of Congo’s national oil company SNPC has outlined its forthcoming Gas Master Plan (GMP) designed to serve as a roadmap to developing the country’s gas resources for domestic and export markets.

South African lawmakers visit Astron refinery amid fuel supply concerns

South African lawmakers conducted an oversight visit to the country’s Strategic Fuel Fund (SFF) in Saldanha and the Astron Energy Refinery in Milnerton on March 25-56, as the country grapples with an acute fuel shortage.

Delays at Hyundai-Aramco shipbuilding projects

Construction delays have plagued the ambitious shipbuilding projects jointly undertaken by HD Hyundai and Saudi Aramco

US jet fuel imports reach two-year high amid surge from Nigeria's Dangote refinery

Jet fuel imports into the United States rose to their highest level in two years in March, following a sharp increase in shipments from Nigeria’s Dangote refinery,

Aramco launches DAC plant, buys blue H2 business

Aramco has introduced the kingdom's inaugural direct air capture facility for CO2 as part of its growing commitment to climate technology

Kenya Pipeline Company oil spill victims demand compensation over lingering pollution

Russia seeks parliamentary approval for Congo oil pipeline agreement

Nigerian petrol sales risk dollarisation as Dangote halts Naira transactions

Renaissance Africa denies reports of explosion at Rivers State gas plant in Nigeria

Iraq’s oil capacity talks spark tensions with Kurdistan

Iraq’s Ministry of Oil has reiterated ambitious plans to raise national oil production to over 6mn bpd by 2029.

Nigeria's competition watchdog challenges exclusion from Dangote refinery case

Nigerian modular refineries operating at 20% capacity

Numerous modular refineries are still waiting for crude supplies following promises by the Nigerian National Petroleum Company Ltd (NNPCL) to lend support as part of the country’s plan to develop domestic refining capacity.

Kenya’s National Oil Corp signs strategic partnership with Rubis Energy

Libya's central bank warns sharp disparity between foreign currency sales, oil income threatens stability

Nigeria inaugurates first modular LPG plant, 20-MW gas-to-power project

The Nigerian government has inaugurated the country’s first modular liquefied petroleum gas extraction plant and a 20-MW gas-to-power project at the Otakikpo field in Rivers State.