DMEA - Downstream Middle East & Africa
Reports this week suggested that Iraqi oil exports to Turkey will remain suspended until at least October, with Turkish President Tayyip Erdogan planning a visit to Baghdad during the period.
Reports from China point to the country’s state-owned oil and gas giant Sinopec having made moves to reopen long-ignored oil supply links in Syria.
Iran's Fanavaran Petrochemical Company has announced its agreement with a Chinese consortium for financing its ambitious Petro Olefin mega project.
Iranian oil minister Javad Owji said September 4 that Tehran was set to build an oil refinery in Burkina Faso, utilising domestic engineers and experts. He added that Iran would also transfer technical and engineering services to the country.
Golar LNG has reportedly held talks with the government of Equatorial Guinea on cooperation in the development and export of offshore natural gas deposits.
Saudi Arabia is reported to be considering selling up to $50bn worth of shares in majority state-owned oil giant Aramco in a move that could mark the largest share sale in history.
Oman is set to launch an initial public offering for a minority shareholding in state gas transmission operator OQ Gas Network (OQGN).
Iran's oil exports have surged during 2023, marking a 54% increase since the beginning of the current Gregorian year, Bloomberg reported.
Hopes for pipeline progress raised as Turkish, Israeli energy ministers discuss energy cooperation potential
The Kenyan government has confirmed plans to invest in a bulk LPG import handling and storage facilities when the Kenya Pipeline Company (KPC) completes the takeover of assets belonging to the defunct Kenya Petroleum Refineries Ltd (KPRL).