DMEA - Downstream Middle East & Africa

4 July 2024

Port Harcourt, Warri, Kaduna refineries expected to begin operations this year

3 July 2024

Nigeria is close to completing rehabilitation works on its moribund refineries

Investors consider selling stake in ADNOC Gas Pipeline assets

3 July 2024

GIP and Snam are considering selling their shares in ADNOC Gas Pipelines

KPC purchases 50% stake in Ecofox

3 July 2024

Kuwait Petroleum Corp.’s (KPC) international subsidiary Kuwait Petroleum International (KPI) has acquired a 50% stake in Italian biofuels manufacturer Ecofox (a subsidiary of Fox Petroli) as of last week, in line with KPC’s Energy Transition 2050.

Iraqi Oil Minister signals progress Kurdistan oil talks

3 July 2024

Iraq's Oil Minister has said that talks are ongoing with the KRG to resume oil exports

Nigerian president’s oil sector reforms crucial for overcoming gas supply issues, says NLNG executive

3 July 2024

Nigerian President Bola Tinubu's recent oil sector reforms are vital for overcoming significant gas supply challenges threatening Nigeria LNG Limited’s (NLNG) $4.3bn Train 7 project, a company executive has said.

Egyptian fertiliser industry temporarily fuelled by hydrogen amid natural gas shortages

3 July 2024

Numerous manufacturers in the Egyptian fertiliser industry including Mopco, Sidi Kerir Petrochemicals and KIMA announced that they would be stopping production this week due to an acute shortage of natural gas in the country.

Fire occurs at Dangote refinery

3 July 2024

Nigeria’s 650,000 barrel per day Dangote refinery suffered a fire on June 26, with a spokesperson for Dangote Industries Ltd, Anthony Chiejina, telling news outlet TheCable that the incident had taken place at the facility’s effluent treatment plant.

Venezuela's Pequiven signs $750mn ammonia plant deal with Turkey’s Yildirim Group

2 July 2024

Venezuela's state-owned petrochemical firm, Pequiven, has signed a $750mn investment deal with Yildirim Group, the holding company of Turkish billionaire Robert Yuksel Yildirim, to construct an ammonia plant in eastern Venezuela.

Saudi confirms contract awards for gas expansion

1 July 2024

The Energy Minister and NOC of Saudi Arabia have confirmed a batch of contracts designed to drive the Kingdom’s gas expansion.

Limited fire breaks out at Kuwait's al-Zour refinery, production unaffected

30 June 2024

The state-owned Kuwait Integrated Petroleum Industries Company (KIPIC) reported a minor fire incident at a storage facility within the al-Zour refinery on June 29.