DMEA - Downstream Middle East & Africa

3 May 2024

Aramco considers petrochemical JV with Rongsheng

2 May 2024

Saudi Arabia continues to expand its downstream presence in China, partnering with local refiners in the process.

Iranian energy companies set to cooperate with African countries

2 May 2024

Reza Noshadi, managing director of the Iranian Gas Engineering and Development Company (IGEDC), said on April 28 that the IGEDC and its 250 subsidiaries could meet the needs of African countries in various fields.

NNPCL sued over missing oil revenue

2 May 2024

A local independent accountability watchdog, the Socioeconomic Rights and Accountability Project (SERAP), has taken the NNPCL to court, claiming the company has failed to remit billions worth of oil income to the state.

Gasoline shortages persist in Nigeria

2 May 2024

Gasoline shortages have continued to plague major cities in Nigeria, causing rapid increases in prices since May 1 while worsening the country’s ongoing cost of living crisis.

SABIC aims for net zero by 2050

2 May 2024

Saudi Arabia’s biggest chemical company Saudi Arabia Basic Industries Co. is moving to circular economy solutions in a bid to reach carbon neutrality by 2050

Bahrain courts investors for stake in A/B pipeline

2 May 2024

Bahrain is actively seeking investors for an oil pipeline that channels crude from Saudi Arabia, aiming to capitalise on one of its prime energy assets.

Iran to produce petrol from methanol amid increasing fuel shortage

1 May 2024

Iran plans to produce petrol out of methanol to tackle growing fuel shortage, Oil Minister Javad Owji said.

SABIC Fujian Petrochemicals signs agreement with KBR

26 April 2024

Saudi Arabia Basic Industries Corporation Fujian Petrochemicals signed an agreement with US-based engineering company KBR on April 22, allowing it to utilise the company’s leading phenol technology in China.