DMEA - Downstream Middle East & Africa

4 June 2020

NNPC seeks to reduce production costs

3 June 2020

Mele Kyari, the group managing director of Nigerian National Petroleum Corp. (NNPC), has identified reduced production costs as one of his company’s priorities.

Golar LNG reveals outlook for projects in Africa, South America

2 June 2020

Bermuda-registered Golar LNG has issued an update on its activities related to projects in Africa and South America.

NRG: Some forward momentum, but overall restraint

2 June 2020

Despite the relative stability of crude prices in recent days, more news of activity cutbacks, earnings losses and demand weakness continues to come in, and all eyes are turning to the forthcoming OPEC+ meeting.

Sonatrach raises stake in Medgaz pipeline to 51%

1 June 2020

Algeria’s national oil company (NOC) Sonatrach has become the majority shareholder in Medgaz, the operator of a natural gas pipeline across the bed of the Mediterranean Sea, through its acquisition of a stake in the link from CEPSA (Spain).

Trump Towers Istanbul partner ‘lobbied White House for vast expansion of US-Turkey trade’

29 May 2020

News service uses documents deposited by PR firm to reveal Mehmet Ali Yalcindag’s activities. Now head of Turkey-US Business Council, the businessman, once called a “close friend” by Donald Trump, is pushing to build up agriculture and LNG shipments.