DMEA - Downstream Middle East & Africa

16 May 2024

Iran poised to jack up Euro 5 fuel output

15 May 2024

Iran is set to ramp up high-quality fuel production by launching eco-friendly projects in its leading refineries.

Border dispute affects Niger-Benin pipeline

15 May 2024

Benin has shut off all Nigerien oil exports following a border dispute with its neighbour.

Anticipation builds ahead of decisive OPEC+ meeting

15 May 2024

Speculation is rife as the group prepares to decide whether or not it should stick to the current 2.2mn bpd of cuts

Tupras set to produce SAF at Izmir refinery

15 May 2024

Turkish oil refining company Tupras has revealed that it is making progress towards starting production of sustainable aviation fuel at its Izmir refinery in Turkey.

Nigerian fuel subsidies will impact oil revenue in 2024 – IMF

14 May 2024

Nigeria’s decision to reinstate fuel subsidies is likely to drain around half of the country’s oil revenue in 2024, according to a statement released by the International Monetary Fund (IMF) on May 9.

$19bn worth of opportunities await investors in Iranian refining Industry

14 May 2024

The National Iranian Oil Refining and Distribution Co. announced $19bn worth of investment opportunities up for grabs in Iran’s refining sector.

Naturgy says gas supply contracts with Algeria unaffected by shareholding sales

13 May 2024

Spanish natural gas firm Naturgy said supply contracts with Algeria include no clauses that would be affected by changes to its shareholding structure, amid talks with Abu Dhabi energy firm TAQA of a potential full takeover of Naturgy.

Jordan seeks resumption and renewal of Iraqi crude supply

13 May 2024

Iraqi oil exports to Jordan were unexpectedly halted on April 22, amid political pressure from Iraqi MPs.

Iran engages more local knowledge-based firms in oil industry with new deals

12 May 2024

The Iranian Oil Ministry and the scientific division of the presidential office have signed a string of deals worth $1.1bn with local knowledge-based companies to manufacture equipment needed by the petroleum industry.

UAE oil giant’s refining capacity soars, boosting crude exports

10 May 2024

The United Arab Emirates’ largest oil company has ramped up the exports of its top-notch Murban crude oil after upgrading a major refinery.