DMEA - Downstream Middle East & Africa
Nigeria regulator outlines supply-gap test for future petrol imports as local refineries take 74% of September receipts
Nigeria’s downstream petroleum regulator said future petrol import licences would be issued to eligible operators under published merit-based criteria and after an auditable assessment of domestic supply shortfalls.
Nigeria revises gas pipeline access code as regulator flags $30bn-$50bn investment need
Nigeria’s NMDPRA launched Revision 2 of its gas network code as it sees a $30bn-$50bn investment need by 2030 and pipeline capacity rising to about 4.2 bcfd.
Ghana's Tema Oil Refinery targets 200,000 bpd expansion amid financing challenges
State-owned refinery seeks strategic investors for major expansion after restarting crude processing, but 2025 profit was driven largely by currency gains.
Nigeria proposes crude swaps to cut refinery transport costs by up to $4 per barrel
Domestic crude deliveries fall 16% quarter on quarter as pricing disputes and logistics constrain supply.
Ghana’s Tema Oil Refinery receives over 5mn barrels of crude as processing recovers
State-owned refinery TOR reports 28,000 bpd throughput and plans to expand capacity, while foreign-exchange gains underpin its financial turnaround.
Nigeria’s TotalEnergies Marketing swings to $4.3mn nine-month profit as finance costs fall
Lubricants drive gross profit growth despite weaker fuel margins, while third-quarter earnings miss forecast.
Nigeria’s Dangote refinery becomes first site for Honeywell industrial AI platform
US automation company Honeywell Technologies (Nasdaq: HON) has launched its Forge Plant Cognition industrial artificial intelligence platform at Nigeria’s Dangote Petroleum Refinery in Lekki, the first deployment of the system.
Riyadh moves its barrels closer to the buyer
Confronted with Houthi drones and Iranian mines in the Gulf, Saudi Aramco is pushing crude into foreign strategic caverns, starting with Singapore in 2027
Algeria orders troops to Niger to protect energy interests after parliamentary approval
Algeria's Sonatrach has oil exploration interests in Niger's Kafra region, near the countries' shared border, and is involved in the proposed Trans-Saharan Gas Pipeline linking Nigeria, Niger and Algeria.
Dangote nearly walked away from $327mn Kenya Pipeline stake
The negotiations show how close Kenya’s largest post-IPO block trade came to collapse, and how a dividend arrangement was used to bridge the gap.
Nigeria's Tinubu rules out petrol subsidy return as 2027 election campaign begins
Speaking at an All Progressives Congress (APC) rally, Tinubu said the subsidy regime belonged to the past and associated it with corruption, falsified invoices and fuel smuggling.
Kenya passes on 62% of international diesel price increase to consumers, IMF finds
Kenya passed on 62% of the increase in international diesel prices and 52% of the rise in petrol prices to consumers between February and September 2026, according to an IMF assessment.
ADNOC lines up 2027 tender wave for sour gas and EOR
ADNOC will tender contracts for offshore sour gas developments, an export gas pipeline and enhanced oil recovery (EOR) schemes in 2027
Bahri orders three VLCCs from IMI in $451mn deal
Saudi state-controlled shipping group Bahri has placed a SR1.69bn ($451mn) order with International Maritime Industries (IMI) for three very large crude carriers
Kenya seeks trading name for Turkana crude ahead of December production target
Kenya is seeking a trading name for Turkana crude as Gulf Energy targets December 1 first oil, but export dates diverge and compensation disputes persist.
Botswana raises petrol prices 8.5%, diesel 13.5% as import costs climb
Botswana raised retail prices for unleaded petrol 95 by 8.5% and diesel 50ppm by 13.5% on October 23, citing higher international petroleum costs and geopolitical tensions in the Middle East.
Nigeria’s gas output rises as Tinubu adviser urges shift from firewood to LPG
Nigeria needs to turn its large natural gas reserves into cleaner household energy and broader economic gains, Special Adviser to the President on Oil and Gas Olu Verheijen said
Yemen’s Houthis hit oil terminal and airport in fresh attacks
Yemen’s Houthis launched attacks on the government-held southeastern province of Hadramout on October 21, targeting a key oil export terminal and the province’s main airport, according to Xinhua.
US introduces new sanctions on Iran-affiliated entities
The US Treasury Department has announced that it has sanctioned shipping agents in Singapore, a Panama-and-Greece-based law firm, the United Arab Emirates (UAE), and numerous cargo vessels.
Nigeria’s $1.6bn Dangote refinery IPO could expand active investor base three- to fivefold, exchange chief says
Refinery chief executive David Bird has said the company aims to attract 10mn retail subscribers, including investors outside Nigeria.
Malawi’s EGENCO targets restoration of 31MW hydropower capacity by mid-November after delays
Malawi's state-owned Electricity Generation Company (EGENCO) expects to restore approximately 31 MW of hydropower capacity by mid-November, comprising a 20-MW generating unit at Nkula B and 11.1 MW of lost output at Nkula A.
Nigerian petrol prices remain high despite fuel discount
Nigerians living in the country’s Southeast are struggling with high petrol prices and transport fares despite the federal government having introduced a 30-day fuel discount
Nigeria’s Dangote outlines African fuel distribution network under $50bn investment plan
Dangote is taking his Lagos refinery’s fuel inland: a $660mn Djibouti-Ethiopia pipeline, a Walvis Bay terminal and a 2,650km Southern Africa network budgeted at more than $3.5bn.
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