DMEA - Downstream Middle East & Africa
Central Bank reiterates importance of Dangote
ExxonMobil board reportedly weighs scrapping $30bn LNG project in Mozambique
Following a reshuffle on its board of directors, ExxonMobil is debating whether to continue with several major oil and gas projects, including the $30bn Rovuma LNG initiative in Mozambique, the Wall Street Journal reported on October 20.
ADNOC scraps more refining plans
Turkey ‘preparing to reorganise Botas, other large state companies ahead of stake sales or IPOs’
BTC pipeline oil flows to Turkey move up in September but down 7% in first nine months
Egypt to build new ADU at Assiut
Kampala submits bill that would ease UNOC’s access to oil revenues
Uganda’s government has drawn up legislation that would allow the national oil company to access the proceeds from its share of future crude production.
Egypt on target to be self-sufficient in gasoline, diesel by 2023
Egypt is on target to be self-sufficient in gasoline and diesel production by 2023, Petroleum Minister Tarek El Molla has said.
Nigerian government facing growing fuel subsidy budget crisis
Nigeria’s government is facing a growing budget crisis, as a subsidy policy designed to protect the population from growing oil prices is putting increasing pressure on the federal budget.
Egypt, Greece and Cyprus sign a trilateral agreement to link their electricity power networks
Ghana's Tema Oil Refinery ought to be privatised
Senyo Hosi, the CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), has said that the Tema Oil Refinery (TOR) has to be privatised to stop it from acting as a drain on the Ghanaian economy.
DMEA: Challenges and progress
AfrOil: Kampala seeks to ease UNOC’s access to oil revenues
Uganda’s government has drawn up legislation that would allow the national oil company to access the proceeds from its share of future crude production.
Russian petrochemical giant Sibur launches net-zero collaboration platform
Sibur will establish a Low Carbon Emitting Technologies pact with leading international chemical companies and the World Economic Forum to help coordinate climate change responses.
Sahara Group plans large investment in LPG in Africa
Energy and infrastructure conglomerate Sahara Group is set to invest over $1bn in Africa to boost the energy transition on the continent.
KNPC deals with fire at Mina Al-Ahmadi
Contract awarded as Turkey pushes for Sakarya development
Nigeria orders probe into refinery contracts
Worley wins Ras Tanura contract from Aramco
Malabo’s big dreams for Mega Gas Hub
Equatorial Guinea could become a major hub for regional gas trade – if its plans come together.
Buhari hails establishment of new NOC
Nigeria’s President Muhammadu Buhari says the newly incorporated Nigerian National Petroleum Co. Ltd (NNPC Ltd), with a capitalisation of NGN200bn ($487mn) will become a globally competitive firm.
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