DMEA - Downstream Middle East & Africa
Pirates seize LNG tanker from Punta Europe LNG terminal
An LNG tanker has been seized by pirates off the coast of Equatorial Guinea, according to Dryad Global, a UK-based maritime security firm.
NOCK facing major financial woes
The National Oil Corporation of Kenya (NOCK) is struggling to remain afloat amidst serious financial troubles, according to local press reports.
World Bank, partner states to help fund Sudan’s fuel price reforms
The World Bank has offered Sudan’s transitional government a grant of $200mn to support efforts to reform the economy, including the energy sector.
NNPC pledges to ensure oil supplies to Ibigwe modular refinery
Nigerian National Petroleum Corp. (NNPC) has pledged to ensure reliable deliveries of crude oil to the new modular refinery that Waltersmith Petroman Oil is building at the Ibigwe oilfield in Imo State.
Azerbaijani-owned sole major Turkish petrochemical producer Petkim affirmed at ‘B’ by Fitch
NRG: Challenges ahead
Certain developments in recent days illustrate the scale of ongoing challenges for the oil and gas industry, but various players are forging ahead undeterred.
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