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Iran’s petrol demand jumps 7% in five months
Daily petrol consumption in Iran climbed about 7% over the past five months, the head of the state-run National Iranian Oil Products Distribution Co. (NIOPDC) said, after record demand in June was driven by panic buying during Israeli air strikes.
Estonia outlaws isobutane imports from Russia and Belarus to close LPG sanctions loophole
Jordan launches first CNG refuelling station powered by Risha field
Jordan inaugurated its first independent compressed natural gas (CNG) refuelling station for buses, trucks and other vehicles, in what officials described as a major step to expand natural gas use domestically and reduce energy costs.
Iraq to end fuel imports within months as petrol purchases decline
Iraq’s Oil Ministry announced a plan to end fuel imports by late 2025 or early 2026, after significant progress in refining capacity reduced reliance on foreign supplies, as reported by Iraqi News Agency INA on August 20.
Iran to save $1bn as diesel imports fall to zero, deputy oil minister says
Iran has stopped importing diesel for several months, a shift that could save the country about $1 billion annually, the head of the National Iranian Oil Refining and Distribution Co. (NIORDC) said.
Nigeria’s Dangote refinery fails to receive order of 4,000 CNG-powered trucks in time
Dangote refinery’s goal to distribute fuel with 4,000 trucks powered by compressed natural gas (CNG) was put on hold on August 15 due to logistics issues in China, according to a report by The Punch.
Seplat completes first domestic LPG supply from Bonny River Terminal
Seplat Energy has completed its first domestic supply of liquefied petroleum gas (LPG) from the Bonny River Terminal in Rivers State, delivering 12,600 metric tonnes of butane to the Nigerian market in partnership with Nigerian National Petroleum Co.
Egypt raises domestic energy production, saving $3.6bn in fuel imports, says minister
Egypt’s minister of petroleum and mineral resources Karim Badawi says the country was able to save around $3.6bn in fuel imports during the 2024/2025 fiscal year, thanks to an increase in domestic energy production.
Ghana increases petrol, LPG prices
Fuel prices in Ghana are set to be adjusted during the country’s second pricing window this month, with liquefied petroleum gas (LPG) and petrol expected to increase and diesel set to drop slightly, according to Business Ghana.
Iranian state distributor says diesel imports drop to zero as smuggling tackled
Iran’s state fuel distributor said the country no longer needed to import diesel, as daily consumption in non-power sectors fell by around 5mn litres compared with last year, thanks to tighter controls and anti-smuggling measures.
Nigerian's NNPCL and joint venture partner Sahara Group commission new LPG carrier
The Nigerian National Petroleum Co. Ltd. (NNPCL) has expanded its liquefied petroleum gas (LPG) fleet with JV partner Sahara Group, commissioning a new ship to be constructed in Ulsan, South Korea.
Rabat showcases $25bn Nigeria-Morocco Gas Pipeline (NMGP) project to US investors
Rabat presented the ambitious $25bn Nigeria-Morocco Gas Pipeline (NMGP) project to key American investors at the US-Africa Energy Forum in Houston earlier this month, amid rising interest among investors and institutions there to back projects.
Aramco continues asset monetisation with $11bn Jafurah deal
BlackRock-led consortium takes 49% stake in key gas infrastructure as questions emerge over the kingdom’s long-term strategy for its core energy assets
Premium petrol to be available at market rates next month, Iranian oil minister says
Iran will roll out a new grade of imported premium petrol at selected filling stations within a month, Oil Minister Mohsen Paknejad said, stressing the move “has nothing to do with current fuel quotas."
Port Harcourt designated as Nigeria’s ‘premiere energy city’ despite refinery woes
Nigeria’s Rivers State administrator Vice Admiral Ibok-Ete Ekwe Ibas designated Port Harcourt as Nigeria’s premier energy city this week as part of a bid to renew membership in the World Energy Cities Partnership (WECP), according to Leadership.
Iraq detains oil tanker for suspected fuel smuggling
The Iraqi navy detained a Liberian-flagged oil tanker located in its territorial waters on August 8 as part of efforts to combat fuel smuggling at sea.
Nigeria’s Dangote Refinery raises fuel prices & debunks shutdown claims
Nigeria’s 650,000 barrel per day (bpd) Dangote refinery has re-started the sale of petrol with a revised ex-depot price of 850 naira ($0.55) following a week-long suspension, according to Investors King.
Iran to resume diesel sales on energy bourse to fight smuggling, supply industries
Iran will soon restart diesel sales on the physical market of its energy bourse after a months-long pause, in what officials describe as a major step towards boosting transparency in fuel trade, curbing fuel smuggling, and meeting industrial demand.
South Africa extends aviation fuel import licence to alleviate airport shortages
The South African Revenue Service (SARS) has extended licences for importing and storing jet fuel to allow airports time to recover from ongoing supply issues, according to a Reuters report.
Iran’s petchem industry needs $24bn to meet development targets, official says
Iran’s petrochemical sector needs $24bn in investment to hit capacity expansion targets under the country’s Seventh Development Plan (SDP) by March 2029, a senior Oil Ministry official said.
Iraq's Prime Minister inaugurates power plant expansion adding 300 MW
Iraq's PM inaugurates Basmaiya power plant expansion adding 300MW, bringing total capacity to 5,000MW, as part of broader energy infrastructure development targeting 60,000MW additional capacity.
Syria returns to prominence with Azeri gas, Iraqi oil talks
Following years in the energy market wilderness, Syria is leveraging momentum built by its new regime to shore up energy supplies
Nigeria’s Dangote appoints David Bird as CEO of refining, petrochemicals
650,000 barrel per day (bpd) Dangote refinery has appointed David Bird, former Shell executive and ex-CEO of 0Q8 refinery in Oman, as CEO of its refinery and petrochemical division, according to Reuters.
Iran eyes $100bn in investment to power petchem expansion
Iran’s National Petrochemical Company (NIPC) has outlined plans to attract up to $100bn in domestic and foreign investment for 144 licensed petrochemical projects.
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