DMEA - Downstream Middle East & Africa

8 February 2024

Moody’s expects Red Sea disruptions to cause oil price volatility

6 February 2024

Ongoing tensions in the Red Sea may lead to volatility of oil prices amid trade disruptions in the area and elevated shipping, insurance and freight costs.

Household gas consumption in Iran sets fresh record

6 February 2024

Domestic gas consumption has hit yet another daily record in Iran amid a cold snap sweeping many parts of the country, said the dispatching director of the National Iranian Gas (NIGC).

Taliban returns 19 tankers of poor-quality fuel to Iran

5 February 2024

The Taliban’s national norm and standard department announced that it has returned 19 tankers of fuel to Iran through a border crossing in Nimrouz Province of Afghanistan due to its poor quality.

Iraqi MP proposes suspension of oil exports to Jordan

5 February 2024

Iraqi MP Mustafa Jabbar Sanad has proposed the suspension of oil exports to Jordan.

Contractors to complete Halfaya gas project during Q1

5 February 2024

Two state-run Chinese companies expect to fully complete Iraq’s Halfaya gas processing plant by the end of the first quarter of 2024, according to the local Ministry of Oil.