DMEA - Downstream Middle East & Africa

6 June 2024

Iranian firm offers to build oil refinery in Afghanistan

5 June 2024

An Iranian energy company has offered to invest in Afghanistan’s oil sector by building a refinery, a statement by the Afghan Mines and Petroleum Ministry said.

Iran pushes for domestic catalyst production

5 June 2024

The head of Iran’s National Petrochemical Co. Morteza Shahmirzai has said that the country is making significant progress towards producing petrochemical catalysts domestically.

Saudi Arabia to improve industrial cooperation with the Netherlands

5 June 2024

Saudi Arabia and the Netherlands discussed an increase in industrial cooperation during a visit to numerous Dutch cities by the Saudi Minister of Industry and Mineral Resources – Bandar bin Ibrahim Alkhorayef – last week.

Tecnimont awarded contract for low carbon ammonia plant in Abu Dhabi

4 June 2024

Tecnimont S.p.A. has been awarded an Engineering, Procurement and Construction contract by Fertiglobe to build an Abu Dhabi Chemicals Derivatives Co. low carbon ammonia plant in the UAE – a deal valued at around $1.3bn.

Investors quickly snap up Aramco's latest share offering

4 June 2024

Aramco's $12bn share sale was fully subscribed within hours of opening on June 2

Iran’s biggest petrochemical case closed with $872mn in damages

30 May 2024

Iran’s Supreme Court handed down its final ruling on the biggest case in what is dubbed the biggest case in the history of the country’s petrochemical sector.

Shell sells Sapref with BP, pursues additional divestment of downstream assets in South Africa

30 May 2024

Shell has sold its Sapref refinery to South Africa’s state-run Central Energy Fund together with JV partner BP while planning the divestment of additional downstream assets in the country.