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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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Nigeria clears $1.6bn Dangote Refinery IPO, testing investor appetite at $47bn valuation
The refinery IPO is a major test of whether Nigeria’s domestic capital market can absorb a record-sized listing as investors weigh Dangote’s expansion plans against crude-supply and margin risks.
Booming jet fuel prices not yet reflected in airline ticket prices, says chairman of Turkey’s Pegasus
Iran War and soaring refining margins taking heavy toll on regional aviation.
Nigeria modular refineries supply just 2.5% of July diesel receipts
Nigeria’s modular refineries supplied about 18.35mn litres of diesel to the domestic market in July 2026, equivalent to roughly 2.5% of the country’s total diesel receipts for the month
Mozambique power utility faces $76mn losses from extreme weather
Mozambique’s state-owned electricity utility EDM estimates that extreme weather has caused about $76mn in losses since 2022 and says it needs about $103mn through 2028 to strengthen the grid against climate-related disasters.
Ghana’s TOR pursues deeper GOIL ties as refinery recovery gathers pace
Ghana’s state-owned Tema Oil Refinery (TOR) is seeking deeper commercial ties with fuel retailer GOIL PLC as the refiner ramps up production after years of intermittent operations.
US launches new attack on Iran
The US has moved to strike Iranian targets after a brief lull in fighting, with President Donald Trump calling the attacks a “love tap,” and noting that the US had hit Iran “very hard”.
European pump prices hit records as Iran war escalation drives oil higher
Petrol prices hit records in Germany and the Netherlands and European gas futures reached a three-year high, as the Iran-US war escalation drove oil higher, landing the Gulf conflict directly on European household budgets.
Nigerians stage protests over continuous oil spill in Niger Delta
Hundreds of women from Warri’s Odidi Community in Nigeria have staged a protest at the head office of Heritage Energy Operational Services Ltd. due to a crude oil spill that has been polluting local rivers and fishing grounds for six months.
Nigerian opposition promises to return fuel subsidy if elected
The topic of Nigeria’s former fuel subsidy has re-emerged as a key talking point in the country’s upcoming elections, with the opposition party.
Ghana’s Mahama dissolves boards of nine state institutions, including oil and mining entities
Affected institutions include the Ghana National Petroleum Corporation (GNPC), aluminium producer VALCO, fuel-storage and logistics company Bulk Oil Storage and Transportation Company (BOST), and Consolidated Bank Ghana
Riyadh condemns Iranian strike on Bahri tanker
Saudi Arabia has condemned an Iranian attack on one of its oil tankers in the Strait of Hormuz that killed two Filipino crew members
Mozambique-Zimbabwe break ground on Beira-Feruka pipeline expansion
Mozambique and Zimbabwe have broken ground on two new pumping stations that will increase capacity on the Beira-Feruka fuel pipeline by 67% to 5mn cubic metres a year by the end of 2027.
Gasgroup targets NGX listing, eyes expansion into refining, power generation, data centres
Gasgroup, a Nigerian energy-services business not currently listed on the NGX, plans to seek admission of its existing shares to the Main Board of the bourse as it pursues expansion into refining, gas infrastructure, and power generation.
Malawi-Mozambique power link completed, tariff talks underway
Construction of the long-awaited 400 kV Mozambique-Malawi electricity interconnector has been completed, with tariff and other commercial arrangements still to be finalised before power trading can begin, Malawi’s Ministry of Energy said.
Nigeria's Dangote considers petrol sales curbs for marketers that import fuel
Nigeria's Dangote Petroleum Refinery is considering restricting petrol sales to major marketers that also import fuel, escalating a dispute over the country's petrol import regime.
Baghdad’s northern gambit tests Kurdish patience
Confronted with restored Kurdish flows and a revived Kirkuk-Baniyas plan, Iraq is redrawing its export map even as Erbil presses Baghdad on pricing and volumes.
Asian diesel shipments to Africa hit at least 4.5-year high as Middle East supply slumps
Kenya Pipeline Company seals $725mn crude storage deal with Gulf Energy
Kenya Pipeline Company (NSE:KPC) has signed a 25-year crude oil storage and handling agreement with Gulf Energy E&P B.V. that could generate about ($725mn) in revenue, strengthening Mombasa’s role in Kenya’s planned oil exports
Sahara Power starts construction of $12mn gas-fired power plant in Lagos
Nigeria's Sahara Power Enterprise Group (SPEG) has started construction of a $12mn, 12MW gas-fired independent power plant (IPP) in Lagos, targeting completion in the first quarter of 2027.
IFC to vote on $42mn financing for BB Energy LPG expansion in DRC, South Africa, Zambia
IFC, the World Bank Group’s private-sector development institution, has proposed financing of up to $42mn for a $64mn liquefied petroleum gas expansion by family-owned global energy trader BB Energy.
Malawi fuel hauliers withdraw trucks after transport rate cuts
Malawian fuel transporters have withdrawn at least 100 trucks from contracts after the Malawi Energy Regulatory Authority (Mera) cut fuel haulage rates by up to about 20%, The Nation reported on August 27.
Nigeria’s Dangote says petrol imports may push more fuel to export markets
Dangote Petroleum Refinery said rising petrol imports were making Nigerian demand harder to forecast and could push more surplus fuel into export markets, as official data showed imports rose while domestic petrol supply and consumption fell sharply
Iran faces 14mn-litre daily petrol shortfall
Iran is running a daily petrol shortfall of about 14mn litres as the government retreats from a price rise towards rationing, with queues lengthening, imports blocked and a black market forming at filling stations.
US announces last-ditch sanctions on Iran
Iran and the US are looking for ways to end the war as the power of the Strait of Hormuz wanes and energy prices remain high.
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