DMEA - Downstream Middle East & Africa
CEO of the Nigeria National Petroleum Company Ltd. (NNPCL) Mele Kyari expressed concerns over frequent vandalism taking place on Nigeria’s 5000km long oil pipeline network, saying the issue was a “national calamity.”
The Tanzania Ports Authority (TPA) is constructing two oil storage facilities at the Dar es Salaam Port with the capacity to store 362,500 tonnes in total as part of an effort to accelerate the offloading of tankers.
Speculation over the potential resignation of Iran's Oil Minister, Javad Owji, has intensified in recent days, with key allegations of corruption and resistance against President Ebrahim Raisi's directive for the removal of two senior oil directors.
Pakistan and Iran will resume discussions in the forthcoming weeks to revive a troubled gas pipeline project, amid a looming deadline that could cost Islamabad billions of dollars in penalties.
Seplat has unveiled plans to invest $250mn in the construction of a state-of-the-art gas plant in Sapele, Delta State.
Natural gas-powered vehicles have become an increasingly popular alternative to their fossil fuel counterparts across Africa due to the introduction of supportive policies, investor appeal and infrastructure development.
Iraq’s 150,000 barrels per day North Refinery is anticipated to start trial runs in March 2024, according to comments made by an official spokesperson of the planning ministry.
Nigeria’s 650,000 barrels per day (bpd) Dangote refinery has secured a license allowing it to refine more than 300,000bpd of Nigerian crude oil and is moving to begin processing gasoline shortly.
Egypt is set to increase exports of petrochemicals and fertilisers by 10% to African countries in 2024 according to an announcement made on November 12 by Khaled Abul-Makarem
The Kenyan government has intervened to subsidise fuel prices in a bid to stop them rising to Ksh300 ($1.97) per litre.