DMEA - Downstream Middle East & Africa
Nigerian lawmaker praises decision to restructure NNPCL
Nigerian lawmaker for Edo State Esosa Iyawe has said that President Bola Tinubu’s restructuring of the Nigerian National Petroleum Co. Ltd’s (NNPCL) board will ultimately help remove inefficiencies in the company, according to The Punch.
Nigeria reveals plans for petroleum products stockpile
Nigeria is planning to create a national strategic petroleum products stockpile in 2025 to protect its economy from any potential volatility in global markets.
UAE expands its role as largest strategic investor in Africa's energy sector
The United Arab Emirates continues to expand its presence in Africa’s energy industries as part of a broader strategy that has established it as the continent’s leading investor, surpassing China.
New pipelines aim to boost Iraqi exports
New pipelines to the West and South-East promise to allow Iraq to raise export volumes, though construction will be both time-consuming and costly.
Iran urges foreign envoys to bring firms to its oil expo
Iran’s Oil Ministry brought together foreign ambassadors and economic attachés based in Tehran in a bid to drum up interest for the upcoming Iran Oil Show 2025, as it attempts to woo international investors.
Managing methane emissions in the Trump era: interview
Beyond an earnest desire to minimise the environmental impact of operations, it also pays for investors to take the issue seriously, Clayton Nash, the director of emissions solutions at Colorado-based Tegre, tells Newsbase.
South African National Petroleum Company starts operations as subsidiary of CEF
The South African National Petroleum Company (SANPC) has begun operations under the umbrella of the Central Energy Fund (CEF) Group, a state-owned diversified energy company reporting to the Department of Mineral and Petroleum Resources (DMPR).
Egypt raises fuel prices by up to 15% for first time in 2025
The Egyptian government raised fuel prices by up to 15% on April 11, marking the first increase in 2025 and signaling the rise of inflation further in the coming period.
Kenya extends fuel import agreements with Aramco, ENOC and ADNOC
Fuel costs in Kenya could be set to fall in the next few weeks as three Gulf firms that sell petroleum products to the country agreed to reduce costs by around six to 13%.
Afreximbank allocates $3bn to bolster Africa’s refining capacity
The African Export–Import Bank (Afreximbank) has set aside $3bn to support the purchase of refined petroleum products across Africa.
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