DMEA - Downstream Middle East & Africa
Escalated tensions in Port Sudan to affect South Sudan’s resumed oil exports
Drone attacks and escalated struggles in Port Sudan are expected to affect South Sudan’s main oil exports, a few days after the country announced the repair of its oil pipeline. Port Sudan is currently under attack by Sudan’s paramilitary RSF.
Iranian methanol exports to China under threat
Iran’s methanol exports to China are under threat following warnings from the US of yet more sanctions on Iranian oil and petrochemical buyers amid nuclear talks, according to Bloomberg.
Nigerian Warri refinery staff shut down operations over ‘workplace slavery’
Support workers of the Warri Refining and Petrochemical Co. (WRPC) in Nigeria’s Delta State have staged a protest against alleged “workplace slavery,” halting all operations at the 125,000bpd plant on May 5.
Biofuel production needs $1bn investment, says Wood Mackenzie director
Increasing the production of biofuels will require investment of around $1bn, according to Ian Simm, director at Wood Mackenzie, who spoke at the Caspian and Central Asia Oil trading and logistics forum in Baku last week.
US targets more firms, vessels over Iran petchem sales
The United States slapped sanctions on seven Iranian and foreign entities involved in Iran’s petroleum and petrochemical trade, in a fresh push to tighten the screws on Tehran’s revenue streams.
Follow us online