DMEA - Downstream Middle East & Africa

US introduces additional sanctions on Iran

The US has unleashed fresh sanctions on numerous companies associated with Iran’s oil and petrochemical sectors following Tehran’s attack on Israel on October 1.

Aramco cancels refining projects, shifts focus to Asia

Saudi Aramco has revealed that it has halted plans to move forward with a refinery and chemicals project in Saudi Arabia and is also reviewing three more as it continues to focus on expanding its presence in Asia, according to Bloomberg.

Several injured after fire hits refinery in Iran’s Khuzestan

A fire broke out at the small Pars Petro Shushtar refinery in Iran’s oil-rich Khuzestan Province on October 15, leaving six people injured.

South Africa at risk of petroleum product supply shortages, says Transnet

Iran launching energy saving drive to halve consumption by 2041

Iran aims to salvage millions of barrels of crude oil and billions of dollars by implementing short-, medium- and long-term energy saving measures and optimising fuel consumption, the CEO of the state-owned Iran Fuel Conservation Co. (IFCC) said.

South Africa’s national freight and logistics firm Transnet plans to avert looming gas shortages

Nigeria agrees to supply gas to $3.5bn fertiliser plant

The agreement, which could be a major step toward Nigeria capitalising on its vast gas reserves, was signed with joint venture partners, including Shell (UK), TotalEnergies (France) and Eni (Italy).

DMEA: Dangote Refinery becomes sole supplier of Jet A1 to Nigerian airlines

CNG on agenda as Iran determined to cut petrol usage

The National Iranian Oil Refining and Distribution Co. (NIORDC) is set to increase the share of compressed natural gas (CNG) in the country's fuel mix through a comprehensive three-stage programme, the company’s CEO said.

Duqm Petrochemical Complex continues to progress towards construction phase

Business intelligence platform and news outlet Zawya reported this week that a study for the construction of the Duqm Petrochemical Complex in Oman is now expected to be complete by 2025.

Nigeria should harness petrochemical industry to limit import costs – ARDA

Executive Secretary of the African Refiners and Distributors Association (ARDA) Anibor Kragha has said that Nigeria should approach its energy security challenges strategically by increasing regional cooperation.