DMEA - Downstream Middle East & Africa

26 August 2022

Nigeria rolls out gas-based plan to reach net zero by 2060

25 August 2022

Nigeria’s government has rolled out a new plan for bringing net carbon emissions down to zero by 2060. The initiative, which calls for using natural gas as a bridge fuel, is both ambitious and expensive.

Nigeria’s air employees union proposes paying foreign airlines in crude oil

24 August 2022

Nigeria’s National Union of Air Transport Employees (NUATE) has proposed sending oil instead of dollars to foreign airlines struggling to repatriate funds back to their home country, The Nation has revealed.

Iraqi oil minister says Karbala refinery will help country slash fuel imports in 2023

24 August 2022

Iraq’s Oil Minister Ihsan Ismaael has said he expects the Karbala refinery to cut the country’s fuel imports by more than half when it becomes fully operational next year.

Kyari says Nigeria cannot eliminate oil theft by legalising underground refineries

23 August 2022

Nigeria cannot eliminate the long-standing problem of oil theft in the Niger River Delta by legalising underground refineries, Mele Kyari, the group CEO of Nigerian National Petroleum Co. Ltd (NNPC Ltd), has said.

TotalEnergies reportedly withdrawing from Arzew polypropylene complex

23 August 2022

TotalEnergies has decided to withdraw from the construction of a huge petrochemical complex and is expected to issue an official announcement to this effect soon, African Intelligence reported on August 22.

Luanda refinery’s new gasoline unit reaches full production capacity

22 August 2022

Sonaref, the refining subsidiary of Angola’s national oil company Sonangol, reports that the Luanda refinery’s new gasoline plant has reached full production capacity.

Nigeria’s finance minister says FEC has approved plan for summit meeting on gasoline subsidy

22 August 2022

Nigeria’s Federal Executive Council (FEC) has approved the National Assembly’s proposal for a summit meeting on the planned elimination of domestic gasoline subsidies.

Shell says it will not sell SPDC stake until Nigerian Supreme Court decides oil spill case

22 August 2022

Shell has reiterated that it will not proceed with the divestment of a 30% stake in the Shell Petroleum Development Corp. (SPDC) joint venture prior to the resolution of pending litigation.

DMEA: Israel sees Egypt’s LNG capacity as reason for continued co-operation

22 August 2022

Israel will continue to work with Egypt to boost natural gas exports to Europe, as the latter country is its best option for producing LNG, Energy Minister Karine Elharrar told Israel Hayom in an interview.

Mozambique on cusp of history as British Mentor tanker arrives to pick country's first LNG cargo from Eni project

19 August 2022

Mozambique on the cusp of history as tanker, British Mentor, arrives to pick country's first liquefied natural gas cargo from Italian giant, ENI's project