DMEA - Downstream Middle East & Africa
Turkish plastics industry hit by Middle East conflict as supply chains break down
Logistics and polymer input prices soar.
UAE’s Fujairah port resumes some crude loadings after attack
The UAE’s port of Fujairah resumed some loadings of crude oil this week following a drone strike that caused fires across the facility.
Hormuz tensions raise inflation and energy security risks for Africa, says senior investment analyst
A senior investment analyst examines how the ongoing Middle East military conflict and rapidly climbing oil and gas prices are affecting African economies, supply chains and cost of living.
Hormuz crisis raises wider risks for Turkey far beyond oil prices, says policy brief
As well as an energy bill nightmare, country faces triple whammy in industrial production, agriculture and logistics.
Nigeria’s Dangote and China’s GCL sign $4.2bn gas supply deal for Ethiopia fertiliser project
Nigerian conglomerate Dangote Industries and China’s GCL Group have signed a $4.2bn natural gas supply agreement to support a $2.5bn fertiliser complex in Ethiopia aimed at strengthening East Africa’s agricultural supply chain.
Nigerian navy dismantles illegal refinery in Rivers and seizes 3,950 litres of stolen fuel
The Nigerian Navy has dismantled a reactivated illegal refinery and seized about 3,950 litres of suspected stolen petroleum products in Calabar as part of intensified operations against crude oil theft under Operation DELTA SENTINEL
Nigeria launches petroleum reform taskforce to unlock up to $10bn investment, overhaul sector
Nigeria has established a presidential petroleum reform taskforce tasked with unlocking up to $10bn in sector investment and developing a 10-year national energy transformation strategy aimed at boosting production, FX earnings and competitiveness.
Tanzania urges TPDC to accelerate oil and gas projects to boost economy
Tanzania’s government has instructed the Tanzania Petroleum Development Corporation (TPDC) to ensure ongoing oil and gas projects are delivered on schedule, with a focus on maximising their contribution to national development
Tehran denies role in strikes on Saudi Arabian energy assets
Iran has formally distanced itself from a recent spate of attacks on Saudi Arabia’s critical oil infrastructure
Iranian drone strike on Oman’s Salalah port compounds regional energy crisis
Iranian unmanned aerial vehicles struck the Port of Salalah in southern Oman today, igniting multiple fuel storage tanks and partially suspending operations at the sultanate’s largest oil terminal
Drone attack halts operations at Lanaz oil refinery in Iraq's Erbil
Operations at the Lanaz oil refinery in Erbil, in Iraq’s Kurdistan region, have been suspended after a drone attack sparked a fire at the facility
Totsa commands record Oman crude premiums as Middle East output shuts down
Totsa finalised the sale of April-loading Oman crude to ExxonMobil at a multi-year high premium
Dangote accuses Nigerian regulator of allowing petrol imports despite local supply
Aliko Dangote has said Nigeria’s downstream regulator continues to issue petrol import licences despite rising domestic refining capacity, warning that sustained imports threaten local industry and energy security
Ghana moves to phase out LPG cylinder imports as state factory revival advances
Ghana plans to eventually ban imports of liquefied petroleum gas cylinders as part of a strategy to boost domestic manufacturing and expand clean cooking access, Energy and Green Transition Minister John Abdulai Jinapor told parliament
Arab states lose $15bn in energy revenues as Hormuz shutdown continues, FT reports
Gulf oil producers have lost an estimated $15.1bn in energy revenues since the war with Iran began, with $10.7bn in crude and LNG cargoes stranded inside the Strait of Hormuz.
Zambia to partner private sector to build two pipelines to move oil, gas from Tanzania and Namibia
Zambia’s government has approved the development of two new pipelines to move oil and gas from ports in neighbouring Tanzania and Namibia.
‘Catastrophic consequences’ could occur if war with Iran continues, Aramco says
As the US-Israeli war with Iran rages on, global oil markets are teetering on the verge of disaster, with Saudi Aramco warning that if the blockage of shipping in the Strait of Hormuz continues, there will be “catastrophic consequences.”
Nigeria's NNPCL posts 47% drop in revenue, but growth prospects remain strong
The Nigerian National Petroleum Co. Ltd. (NNPCL) has recorded a significant decrease in revenue for the start of 2026, dropping to $1.8bn in January from $3.4bn the previous month.
Nigeria cancels petrol import licences
Petrol import licences have now been suspended for a second month in Nigeria as regulators begin to enforce elements of the Petroleum Industry Act (PIA) that ensure imports are allowed only when domestic supplies are lacking.
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