DMEA - Downstream Middle East & Africa
Nigeria’s CNG initiative stalls due to infrastructure gaps, says former industry official
Nigeria’s Presidential Compressed Natural Gas (Pi-CNG) initiative is facing significant delays due to infrastructure shortfalls nearly two years after its launch, according to a former energy sector official.
NNPCL must transfer revenue gains from subsidy to government accounts, says World Bank
The Nigerian National Petroleum Co. Ltd has only been sending 50% of profits gained from the removal of petrol subsidies to the federation account, according to the World Bank.
Nigeria's Dangote refinery cancels planned June maintenance
Nigeria’s 650,000 barrel per day Dangote refinery has cancelled planned maintenance at its petrol-making unit due to having finished the works during an unplanned shutdown between April 7 to May 11.
Final investment decision on Morocco-Nigeria $25bn gas pipeline expected by end-2025
Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, said the final investment decision on the $25bn Nigeria-Morocco Gas Pipeline project is expected by the end of 2025.
Nigerian Navy recovers 8,660 litres of crude from six illegal refineries
The Nigeria Navy revealed this week that it had destroyed six illegal refineries and recovered around 8,660 litres of stolen crude and 1,005 litres of petrol total in the Obodo Omadina community, Warri.
Half of Borsa Istanbul-listed companies post 1Q loss
Excluding banks, 265 out of Turkey’s 521 Borsa Istanbul-listed companies reported a loss in the first quarter of 2025, according to business daily Ekonomim.
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