DMEA - Downstream Middle East & Africa

3 October 2024

Government has no plan to hike petrol prices, Iranian minister says

2 October 2024

Iranian Oil Minister Mohsen Paknejad ruled out any government plans to hike petrol prices.

NNPCL must focus on the rehabilitation of Port Harcourt, Warri, says Emeka Kalu

2 October 2024

Emeka Charles Kalu, President of Nigerian humanitarian organisation Eck Foundation has advised the country’s government to focus on quickening the pace of rehabilitation efforts at 210,000 barrels per day (bpd) Port Harcourt refinery.

ENOC Group attends WETEX 2024

2 October 2024

Emirates National Oil Co. (ENOC) has announced that it will be attending the 26th edition of the Water, Energy, Technology, and Environment Exhibition (WETEX).

SABIC announces low-carbon product portfolio

2 October 2024

Saudi Basic Industries Co. (SABIC) announced on September 29 that it had launched its latest certified low-carbon product portfolio – an initiative designed to support the company’s customers and value chain in achieving sustainability goals.

State distributor to maximise fuel output ahead of Iran’s winter peak

2 October 2024

The state-run fuel distributor said it was going all out to maximise petrol and diesel fuel production for the winter season.

NNPCL aims to increase Nigerian crude oil production

2 October 2024

The Nigerian National Petroleum Co. Ltd.’s (NNPCL) Chief Corporate Communications Officer Olufemi Soneye has said that the company is “confident” it can raise crude oil production from 1.7mn barrels per day (bpd) to 3mn.

Iranian petchem sector seeking loans from central bank to finance projects

30 September 2024

The Iranian Association of Petrochemical Industry Co. (APIC) is seeking loans from the Central Bank of Iran (CBI) to fund petrochemical projects, the deputy chief of the union said.

Nigeria's NNPCL to supply crude oil in naira to Dangote Refinery starting October 1

30 September 2024

The Nigerian National Petroleum Company Ltd (NNPCL) will begin supplying crude oil priced in naira to the Dangote Petroleum Refinery starting on October 1.

Iranian state fuel distributor rejects petrol imports claim

26 September 2024

The National Iranian Oil Products Distribution Co, (NIOPDC), a subsidiary of the Oil Ministry, refuted a claim that it imported 30mn litres of petrol per day in September to make up for a fuel shortage during the holiday season.

Egyptian petchem industry continues to grow

26 September 2024

Egyptian petrochemical projects are growing fast, and are likely to provide a significant boost for the country’s economy

Kuwait plans petrol price hike for expatriates, citizens exempt

26 September 2024

Kuwait's government is preparing to raise petrol prices for expatriates in a move to align costs with global market rates.