DMEA - Downstream Middle East & Africa
Algeria, Nigeria offer biggest opportunities in Africa for low-cost methane emissions cuts, report finds
African oil & gas producers can achieve significant methane emissions cuts using existing tech, Carbon Limits says, noting infrastructure, regulation and gas commercialisation prospects will determine the economics of abatement.
Qatar to resume normal LNG output within weeks, prime minister says
Qatar will resume normal LNG production within a few weeks, its prime minister says, though Iranian strike damage will keep around 17% of capacity offline for years, leaving global gas markets only partly relieved.
Falling petrol prices may slow Nigeria's shift to CNG, marketers say
Falling petrol prices in Nigeria following a decline in global crude oil prices are expected to increase fuel demand and could prompt some motorists and small businesses to switch back from compressed natural gas (CNG) to petrol.
Nigeria's SEC warns against unauthorised marketing of Dangote refinery IPO set for Q3
Nigeria's SEC says no application has been filed or approved related to the Dangote’s plan to eventually list a 5-10% stake in its $20bn, 650,000-bpd refinery
Nigeria approves new fuel imports for Q3 as Dangote refinery gasoline output falls
Nigeria has approved a new round of petrol and diesel imports for the third quarter of 2026 as declining gasoline production at the Dangote Petroleum Refinery and tightening fuel inventories raise concerns over potential supply shortages.
Iran's Ghalibaf says Hormuz Strait will be run by Tehran following meeting with Oman
Iran's head negotiator Mohammad Bagher Ghalibaf says the Strait of Hormuz will never return to its pre-war management and will be run by Tehran under Iranian terms, listing the strait among the gains of the Switzerland talks.
Iran says US has issued licence for oil sales with banking, insurance cover
The United States has issued the licence needed to sell Iranian oil, petrochemical products and oil derivatives, along with the related insurance, transport and banking services, according to Iran.
Sharjah oil and product terminal expanded
Regal Petro Trading FZE has completed a significant expansion of its oil storage terminal in Sharjah’s Hamriyah Free Zone
Turkey’s foreign minister meets Trump’s co-in-law 'fixer' in Cairo
Lebanese-born billionaire Massad Boulos is a man with a unique portfolio. He serves as US senior advisor for Arab and African affairs. His son is married to Tiffany Trump.
QatarEnergy says explosion at Barzan gas plant kills 13
An explosion at Qatar's Barzan gas plant in Ras Laffan killed 13 people and injured 66 after an operational incident during start-up, QatarEnergy said, with the energy minister stressing it was an accident, not sabotage.
Kuwait tenders first spot naphtha cargo since Iran conflict escalation
Kuwait Petroleum Corporation (KPC) has issued a tender to sell spot naphtha cargoes for loading in July, marking its first such offering since tensions between the US and Iran escalated.
Syrian Petroleum Company inaugurates steam boiler project at Homs refinery
The Syrian Petroleum Company (SPC) has commissioned a new Serbian-made steam boiler at the Homs refinery, in a move aimed at supporting production operations and improving the facility's operational readiness.
Oman targets $2.6 bn franchise ecosystem through expanded brand development drive
Oman unveiled on June 21 the fifth edition of a national franchise development programme aimed at transforming homegrown businesses into regional and international brands.
Crowdfunding gains momentum in Oman, financing 243 projects in 2025
Crowdfunding is rapidly emerging as a viable alternative financing channel in Oman, with the number of projects funded through licensed platforms more than doubling in 2025, the Sultanate’s financial regulator announced on June 21.
Zimbabwe cuts fuel prices as global oil market eases
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a fuel price reduction to be effective over the next two weeks, reflecting softer global oil prices following an easing of tensions in the Middle East.
South Sudan to deliver oil cargoes to BB Energy following UK court ruling upholding injunction
South Sudan has committed to delivering two crude cargoes to BB Energy after a London court upheld an injunction restricting new oil-backed financing arrangements.
Nigeria's crude oil imports surge as refining sector expands
Nigeria’s crude oil imports jumped 309% quarter-on-quarter to $1.39bn in the Q12026 as the Dangote Petroleum Refinery increased purchases of foreign feedstock
Nigeria's NNPCL urged to fast-track Chinese refinery partnership
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Nigerian National Petroleum Company Limited (NNPCL) to accelerate negotiations with two Chinese companies to revive the Port Harcourt and Warri refineries
Togo launches SAF push and expands jet fuel storage at Lomé airport
Togo has signed agreements to develop a Sustainable Aviation Fuel supply chain and build a 1,500-cubic-metre (396,300-gallon) Jet A1 storage tank at Lomé's Gnassingbé Eyadéma International Airport.
Iraq targets 4.3mn bpd oil output and 3.5mn bpd exports under recovery plan
Iraq announced that restoring production from the country's southern oilfields to pre-Gulf crisis levels and increasing crude exports will be among the ministry's top priorities in the coming period.
Oman's sea salt sector eyes over $1bn in investments
Oman is targeting investments exceeding $1 bn in a range of sea salt refining projects along the Sultanate’s expansive eastern coastline, with the potential to produce an estimated 5 mn tonnes per annum (tpa) of industrial salt.
Oman to unveil maiden community solar energy project
Oman’s Authority for Public Services Regulation (APSR) is set to launch the Sultanate’s first community solar power station later this week, marking a new phase in the country’s efforts to broaden public participation in renewable energy.
Iran’s second opening: where the smart money should go
Presuming the fragile truce holds, a new MoU will allow global energy companies to invest in reconstructing Iran’s vast, undamaged oil and gas reservoirs
Iran says Strait of Hormuz completely closed
Iran's Khatam al-Anbiya Central Headquarters has said it will close the Strait of Hormuz to shipping again, citing US violations of the war-ending memorandum and continued Israeli attacks in southern Lebanon.
Suspected pipeline vandals remove more than 3km of petroleum products pipeline in Nigeria
Suspected pipeline vandals excavated and removed more than 3km of a key petroleum products pipeline linking Port Harcourt and Kaduna after allegedly operating from a makeshift camp in remote forests between Enugu and Ebonyi states for several months.
Nigerian Exchange chairman courts Middle East investors ahead of Dangote Refinery IPO
Nigerian Exchange Group (NGX Group) Chairman Umaru Kwairanga has called on Middle East investors to increase their participation in Nigeria’s capital market
Morocco rejects fuel price cap and Samir Refinery takeover
Morocco’s Upper House has voted down two high-profile legislative proposals, exposing deep political fragmentation over the sensitive issues of retail fuel pricing and the nationalisation of the idled Samir refinery
Nigeria rules out new fuel and telecom taxes after IMF recommendations
Nigeria’s federal government has dismissed reports that it plans to introduce new taxes on telecommunications services and petroleum products, saying recent recommendations by the IMF are advisory
Nigeria’s Dangote Refinery reduces clean-fuel imports to West Africa
Data provided by S&P Global and shipping data firm BIMCO this week has shown that production from Nigeria’s 650,000 barrels per day (bpd) refinery is causing a significant shift in West African fuel trade patterns.
Ethiopian Airlines seeks Saudi fuel deal to shield $30bn order book
Ethiopian Airlines seeks greater fuel price certainty through a short-term Saudi supply contract as soaring energy costs, aircraft delivery delays and thin industry margins place mounting pressure on African carriers.
Angolan industry body backs gradual fuel price hikes to curb subsidy burden
Angola Industrial Association (AIA) president José Severino has backed the gradual increase of fuel prices and higher taxes on gasoline-powered vehicle imports as part of efforts to reduce the country’s costly fuel subsidy bill.
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