DMEA - Downstream Middle East & Africa
Saudi Aramco plans to sell assets to raise cash for expansion and operations
Unnamed sources told Reuters this week that Saudi Aramco was planning to potentially sell assets to raise cash for international expansion and existing operations.
Dangote, NPA plan to expand Nigerian port operations
The Nigerian Ports Authority (NPA) and Dangote Industries Ltd. (DIL) have joined forces to expand the operational capacity of Nigeria’s maritime economy with the goal of increasing export capacity.
Nigeria's Port Harcourt refinery closes for 30 days
Nigeria’s 210,000 barrels per day (bpd) Port Harcourt Refining Complex (PHRC) has been shut down for 30 days by the Nigerian National Petroleum Co. Ltd. (NNPCL) to carry out scheduled maintenance.
Iran advances flare gas recovery projects to save billions in losses
Iran is pressing ahead with a large-scale plan to put an end to the flaring of associated petroleum gas, with several major collection projects now gathering pace, a senior oil official.
Iranian firms to join OPEC funded projects despite loan restrictions
Iranian companies are set to take part in development projects backed by the OPEC Fund for International Development through the export of technical and engineering services, officials said.
Egypt plans to sign 13-15 petroleum agreements in H2 2025
Egypt’s Ministry of Petroleum is preparing between 13 and 15 new petroleum concession agreements to be signed during H2 of 2025, Economy Plus reported on May 27.
South Africa proposes buying LNG from US as part of bilateral trade deal
South Africa has offered to buy liquefied natural gas (LNG) from the United States over a 10-year period as part of proposals to secure a trade deal, according to a ministerial statement posted on the government news agency SA News' website.
Sweden’s Jord secures 300 hectares for flagship biofuel venture in Senegal
Swedish renewable energy company Jord AB has secured 300 hectares of land in southern Senegal to launch a major biofuel project aimed at advancing rural development and supporting the country’s renewable energy goals.
Canada’s clean energy tech Borna Membrane Solutions builds $40mn factory in Egypt
Canada’s clean energy tech Borna Membrane Solutions (BMS) plans to establish a $40mn factory in Egypt to will produce flare gas recovery systems, carbon separators, and technology for reinjecting recovered gases into Egypt’s natural gas grid.
South Africa’s Transnet signs $233mn settlement with Sasol over oil pipeline tariff dispute
South Africa’s chemicals and energy company Sasol and state-owned logistics utility Transnet have settled long-running disputes over crude oil pipeline tariffs.
Egypt receives 14 offers to supply liquefied natural gas to up to three years
The state-owned Egyptian Natural Gas Holding Company (EGAS) has received 14 offers to supply liquefied natural gas (LNG) for periods ranging from 18 months to 3 years, Economy Plus reported on May 25.
Aramco may seek Jafurah investment, other asset monetisation
Aramco is reported to be considering monetising more gas infrastructure assets as it seeks to generate funds to plug the shortfall created by lower oil prices
Iran set to roll out bioethanol-based petrol
Iran is poised to start the distribution of bioethanol-based petrol, Deputy Oil Minister Mohammad-Sadeq Azimifar said after signing an agreement to kickstart production of green automotive fuel.
Libya accumulates $1bn in debt to fuel suppliers after ending oil swap programme
Libya has accumulated around $1bn in debt to fuel suppliers after ending its oil swap programme roughly three months ago.
Egypt in talks to buy 40-60 shipments of LNG to meet high summer demand
The Egyptian government is in talks with international energy companies to purchase between 40 and 60 shipments of liquefied natural gas (LNG) and around 1mn tonnes of fuel oil to secure emergency fuel imports amid a worsening energy crisis.
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