DMEA - Downstream Middle East & Africa

Oil & Gas

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In a region which has shown both extensive investment and increased instability over the past few years, MEA merits a significant degree of technically minded and industry-focused coverage.

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High domestic fuel usage killed chances of petrol exports, says Iranian deputy oil minister

12 June 2024

A “sudden jump” in petrol consumption turned Iran into a fuel importer, the director of the National Iranian Oil Refining and Distribution Co. (NIORDC) said.

Nigerian modular refineries running below capacity due to feedstock troubles

12 June 2024

Nigeria is still struggling to produce the feedstock needed for its refineries to run at full capacity, with policies from international oil companies, oil theft and pipeline vandalism all playing vital roles in perpetuating the issue.

Iraqi ministry defends Basra-Haditha pipeline plans

12 June 2024

The Iraqi Ministry of Oil this week defended the Basra-Haditha oil pipeline project, highlighting its economic benefits, job creation potential, and enhanced export flexibility.

Oil tanker stranded at Nigeria's Dangote refinery due to payment issues

12 June 2024

A large oil tanker has been stuck at Dangote refinery as of June 6, awaiting the discharge of its 1.9mn-barrel cargo due to alleged payment issues.

Oman introduces new LPG cylinder legislation

10 June 2024

Oman’s Ministry of Commerce and Industry Promotion has introduced new changes to the country’s Liquid Petroleum Gas regulation in a bid to improve safety standards and streamline the gas cylinder market.

Saudi energy minister responds to criticism over OPEC+ output increase

10 June 2024

Saudi Arabia’s Energy Minister Abdulaziz bin Salman Al Saud has responded to criticism regarding OPEC+ member nations’ decision to move forward with a gradual increase in oil production from October 2024.

Iran opens gas supply projects ahead of snap presidential election

6 June 2024

Iran’s outgoing government rushed to bring online several major gas projects on June 6, with a focus on the southeastern province of Sistan and Baluchestan in the run-up to an early presidential election later this month.

Dangote refinery begins jet fuel exports

6 June 2024

Aliko Dangote’s Lagos refinery has started to export jet fuel to Europe.

Nigeria to acquire 7,700 CNG-powered vehicles

6 June 2024

Nigeria’s federal government, Lagos and Niger states have introduced plans to procure 7,700 compressed natural gas (CNG) powered buses to minimise the impacts of fuel subsidy removal.

OPEC+ extends cuts, to unwind voluntary limits

6 June 2024

OPEC+ has extended most of its cuts through 2025, but will begin to unwind voluntary additional restrictions

QatarEnergy signs naphtha supply deal with Idemitsu Kosan

6 June 2024

QatarEnergy has signed a 10-year deal to supply naphtha to Japan’s Idemitsu Kosan

Iranian firm offers to build oil refinery in Afghanistan

5 June 2024

An Iranian energy company has offered to invest in Afghanistan’s oil sector by building a refinery, a statement by the Afghan Mines and Petroleum Ministry said.

Iran pushes for domestic catalyst production

5 June 2024

The head of Iran’s National Petrochemical Co. Morteza Shahmirzai has said that the country is making significant progress towards producing petrochemical catalysts domestically.

Saudi Arabia to improve industrial cooperation with the Netherlands

5 June 2024

Saudi Arabia and the Netherlands discussed an increase in industrial cooperation during a visit to numerous Dutch cities by the Saudi Minister of Industry and Mineral Resources – Bandar bin Ibrahim Alkhorayef – last week.

Tecnimont awarded contract for low carbon ammonia plant in Abu Dhabi

4 June 2024

Tecnimont S.p.A. has been awarded an Engineering, Procurement and Construction contract by Fertiglobe to build an Abu Dhabi Chemicals Derivatives Co. low carbon ammonia plant in the UAE – a deal valued at around $1.3bn.

Investors quickly snap up Aramco's latest share offering

4 June 2024

Aramco's $12bn share sale was fully subscribed within hours of opening on June 2

Iran’s biggest petrochemical case closed with $872mn in damages

30 May 2024

Iran’s Supreme Court handed down its final ruling on the biggest case in what is dubbed the biggest case in the history of the country’s petrochemical sector.

Shell sells Sapref with BP, pursues additional divestment of downstream assets in South Africa

30 May 2024

Shell has sold its Sapref refinery to South Africa’s state-run Central Energy Fund together with JV partner BP while planning the divestment of additional downstream assets in the country.

Middle East increasingly committed to decarbonisation

29 May 2024

The Middle Eastern aviation industry has started to increase investment into sustainable practises, according to the executive president of UAS International Trip Support Mohammed Al Husary.

First page

Edited by

Frazer Simm


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