DMEA - Downstream Middle East & Africa

African Energy Bank targets $15bn for oil and gas projects across the continent by 2030

The African Energy Bank, backed by APPO and Afreximbank, aims to mobilise $15bn by 2030 to finance oil and gas infrastructure, unlock stalled midstream and downstream projects, and reduce Africa’s reliance on external energy financing.

Uganda oil projects seek foreign expertise in final stretch to first production

Uganda’s petroleum regulator, the Petroleum Authority of Uganda (PAU), has said oil companies are preparing to bring in additional foreign specialists as the country moves into technically complex final stages of its oil developments

Morocco suspends LNG terminal tender centred on Nador West Med

Morocco has suspended bidding for a planned LNG terminal at Nador West Med and related pipeline links, citing new project assumptions, as the government reassesses gas infrastructure expansion central to its strategy to cut coal use.

Zimbabwe's fuel consumption surged to 2.1bn litres in 2025 from 1.6bn litres in prior year

Iran launches Euro 5 diesel production unit at Shiraz refinery

A new production line for Euro 5 standard diesel has come on stream at the Shiraz oil refinery in southern Iran, marking the first time the cleaner fuel is made available in the south of the country.

Iranian petchem capacity output hits 100 mln milestone, oil minister says

Iran’s petrochemical production capacity has reached 100mn tonnes per year, a 3.8% surge over 18 months, Oil Minister Mohsen Paknejad said, amid significant feedstock shortages.

Iraq brings South Refineries FCC unit into full operation

Iraq has announced the successful commissioning of the Fluid Catalytic Cracking (FCC) unit at the South Refineries Company, marking the start of production of high-octane upgraded petrol as part of efforts to strengthen domestic fuel self-sufficiency

Nigeria's Dangote Group secures expanded gas supply deals to power industrial growth

Three subsidiaries of Dangote Industries Limited have signed expanded Gas Sales and Purchase Agreements with subsidiaries of Nigerian National Petroleum Company Limited (NNPCL) to strengthen long-term gas supply for key industrial operations

Iraq drills 14 new oil wells as it targets 6mn bpd capacity by 2028

Iraq’s state-owned Iraqi Drilling Company (IDC) announced it completed the drilling and rehabilitation of 14 oil wells during January.

Mali fuel tanker convoy destroyed in attack blamed on jihadists

Kuwait prepares $7bn pipeline stake sale amid growing interest

Kuwait is preparing a $7bn pipeline stake sale to foreign investors, mirroring regional trends to fund ambitious economic diversification plans amidst lower oil prices.

Nigeria’s gross crude oil sales estimated at $38.2bn in 2025

Nigeria generated an estimated NGN55.5 trillion ($38.2bn) in gross crude oil sales in 2025, based on official production data from the NUPRC and price benchmarks from the CBN.

South Africa’s Sasol flags Mozambique gas supply risks after flooding disrupts operations

Severe flooding in Mozambique has forced Sasol (JSE:SOL; NYSE:SSL) to warn of potential natural gas supply disruptions to South Africa.

Nigerian fuel prices set to fall, says NMDPRA head

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that the prices of Liquefied Petroleum Gas (LPG), diesel and petrol will continue to fall across Nigeria.

Nigeria’s Dangote refinery runs on lighter crude grades as RFCC issues persist

Nigeria’s 650,000 barrels per day (bpd) Dangote refinery has begun to process lighter crude oil amid ongoing maintenance taking place at its Residual Fluid Catalytic Cracker (RFCC), according to information provided by Kpler.

TotalEnergies restarts $20bn Mozambique LNG project after security gains

TotalEnergies has lifted force majeure and restarted its $20bn Mozambique LNG project in Cabo Delgado, with first gas targeted for 2029 as improved security allows construction to resume.

ADNOC, Taqa sign 27-year utilities agreement in UAE

The Abu Dhabi National Oil Company (ADNOC) and Taqa (Abu Dhabi National Energy Company) have signed a 27-year agreement for the supply of important utilities to the Ta'ziz Industrial Chemicals Zone located in Ruwais.