DMEA - Downstream Middle East & Africa
Nigeria’s Dangote refinery buys Brazilian crude amid supply shortfalls
Nigeria’s Dangote refinery has purchased crude oil from Equatorial Guinea and Brazil as domestic suppliers become increasingly unreliable.
Oil prices surge on Trump threat to slap tariffs on Russian oil
Should tariffs come into force, Russian flows to its key customers could drop, tightening supply and potentially prompting OPEC+ to act to stabilise the market, according to Rystad.
Nigerian petrol prices increase as naira-for-crude talks stall
Nigerian petrol prices have continued to rise as the country’s downstream oil and gas sector awaits a decision from the federal government on whether to continue the naira-for-crude deal.
Nigerian Navy tackles crude theft in Delta State
The Nigerian Navy has increased its efforts in fighting crude theft and pipeline vandalism, locating and deactivating three illegal refining sites last week in Oteghele, Delta State.
Saudi Arabia’s SABIC CEO speaks on China plans
Ghana advances gas infrastructure with second processing plant approval
Ghana’s cabinet has approved plans to develop a second gas processing plant, a move aimed at maximising the country’s 2.1 trillion cubic feet of gas reserves to support electrification and industrialisation.
Uganda signs agreement with UAE company for oil refinery stake
Uganda has entered into an agreement with UAE-based Alpha MBM Investments to acquire a 60% stake in the Kabale refinery, located in the country's Hoima region.
South Africa’s Democratic Alliance demands clarification over Gazprombank’s withdrawal from PetroSA deal
South Africa’s Democratic Alliance party has called on Mineral and Petroleum Resources Minister Gwede Mantashe and PetroSA to explain the collapse of the Gazprombank deal to revive PetroSA’s Mossel Bay gas-to-liquid refinery.
South African legislators deem strategic fuel reserves “insufficient” to address potential major supply disruptions
Members of South Africa’s Portfolio Committee on Mineral and Petroleum Resources have expressed concern over the limited availability of the country’s strategic crude oil reserves.
Multiple explosions occur at oil facility in Rivers State, Nigeria
An oil facility in River State has suffered multiple explosions, putting Nigeria’s refineries and oil sector in a more precarious position.
Egyptian energy company Petrojet completes $1.5bn oil projects in 2024
Egyptian energy company Petrojet completed 265 projects in 2024 with a business volume exceeding EGP 80bn ($1.58bn).
Astron Energy to invest $328mn to meet South Africa's clean fuels specifications by 2027
Swiss commodity trader Glencore's South African subsidiary, Astron Energy (Astron), has committed to investing $328mn towards meeting a 2027 deadline for the supply of cleaner fuel in the continent's most industrialised nation.
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