DMEA - Downstream Middle East & Africa
BP (UK) has postponed the start-up of natural gas production at the Greater Tortue/Ahmeyim (GTA) block, located offshore Mauritania and Senegal.
Patrick Pouyanne, the CEO of TotalEnergies, confirms that his company is still negotiating with contractors on construction costs for the Mozambique LNG project.
In June, Tinubu put an end to the subsidy that kept prices of petrol artificially low, at the expense of government coffers. Tinubu claims that Nigeria saved NGN1trillion ($1.32bn) in just over two months by removing the subsidy.
Nigeria’s appetite for gasoline imports has dropped significantly since the elimination of domestic fuel price subsidies in late May, and European refiners are suffering as a consequence.
Military leader Khalifa Haftar, whose eastern-based Libyan National Army controls two-thirds of the country, including five of its nine export terminals, has threatened to bring exports to a halt unless he gets up to 90% of Libya's oil revenues.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled four new regulations addressing ESG (environmental, social and governance) issues in the petroleum industry.
Saipem’s predictions of a July restart for Mozambique LNG have not borne fruit due to the difficulty of resolving cost disputes with TotalEnergies
Reports from Pakistan indicate that an official announcement is expected very soon on the construction of a Saudi funded oil refinery capable of processing 350,000 to 450,000 barrels per day of crude oil.
State-owned Tanzania Petroleum Development Corporation (TPDC) has awarded Egyptian company TAQA Arabia a contract to undertake a feasibility study aimed at increasing domestic use of natural gas in the coast city of Dar es Salaam.
South African petrochemical multinational, Sasol, commissions $760mn gas production facility in Mozambique
The UAE and Japan have agreed to improve co-operation in various joint initiatives involving hydrogen production, low-emission blue ammonia and emissions-reducing technologies during Japanese Prime Minister Fumio Kishida's visit to the region.