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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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Nigerian billionaire Dangote plans pan-African IPO of continent's biggest refinery
Aliko Dangote is planning a pan-African IPO of his 650,000bpd Nigerian oil refinery, with advisers appointed and exchange talks underway.
China denies arms sales to Iran, warns US of countermeasures
China has denied accusations of providing military support to Iran, calling the reports fabricated and warning the US of countermeasures if tariffs are imposed on Beijing over the claims.
Kenya Energy CS Wandayi denies knowledge of substandard fuel imports in $91.92mn deal
Kenya’s Energy and Petroleum Cabinet Secretary Opiyo Wandayi has told lawmakers he was not involved in approving a disputed fuel import that entered the country outside the government-to-government (G-to-G) framework
Botswana, Oman sign deals for renewable energy, oil storage cooperation
The deals include the development and operation of an oil storage facility in a coastal region of Botswana, and a project to develop, build and finance a 500-MW photovoltaic solar power plant inland.
US-Guinea talks support LNG project tied to mining and energy security
Guinea’s proposed LNG project is advancing with backing from US and local officials, as the country seeks to build gas-fired energy capacity to support mining expansion and strengthen long-term energy security.
thyssenkrupp Uhde unit to build PET production plant for Turkish packaging producer KOKSAN
A subsidiary of Germany’s thyssenkrupp Uhde (thyssenKrupp AG, ETR: TKA), Uhde Inventa-Fischer, has signed a contract with Turkish packaging producer KOKSAN for the delivery of a polyethylene terephthalate (PET) production plant.
US, Iran agree to ceasefire
At first glance, the US looks to have handed Iran a victory, with its control over the strait having solidified and its 10-point peace plan having been described by Trump as a “workable basis on which to negotiate.”
Nigeria’s Dangote Refinery increases petrol prices again amid oil market instability
Nigeria’s 650,000 barrels per day (bpd) Dangote Refinery has again increased the prices of petrol and diesel due to ongoing tensions in the Middle East, putting pressure on consumers across the country.
Nigeria’s Itsekiri coalition says centralised pipeline surveillance preferred for national security
Nigeria’s plan to decentralise surveillance responsibilities across its pipeline network has been met with resistance from a coalition of stakeholders from oil-producing communities.
Iraq approves tanker leasing to expand oil storage
The Iraqi government has approved a set of new measures aimed at supporting oil marketing, storage capacity and domestic fuel supply, as part of efforts to maintain refinery operations and strengthen strategic reserves under current market conditions
Strike hits Iran’s Amirkabir petchem hours before ceasefire
Amirkabir Petrochemical Co. in Iran’s southwestern province of Khuzestan was hit in a nighttime strike, the latest in a series of attacks on the country’s petrochemical industry.
Kenya blocks fuel shipment as oil import investigation hits senior energy officials
Kenya has halted a second fuel shipment from docking at the Port of Mombasa as authorities deepen investigations into a disputed oil import arrangement, escalating pressure on the country’s fuel supply system.
Energy strikes redraw Gulf risk for global oil and gas
Violence between Israel, the US, and Iran reached a fever pitch this week, as targeted strikes on refineries and ports crippled vital global energy infrastructure.
Union leader says fuel supply steady despite war on Iran
Iran’s fuel supply network has continued to operate without disruption despite war and threats of further attacks, a union official said.
Nigeria's Dangote refinery owner says crude supply doubled amid Middle East disruption risks
Nigeria has increased crude supply to the $21bn Dangote refinery, but deliveries remain below full capacity needs, amid ongoing supply constraints even as the plant expands exports across Africa amid global oil market disruptions.
Third Iraqi oil shipment enters Syria via al-Tanf en route to Baniyas refinery
The third shipment of Iraqi oil bound for Syria’s Baniyas refinery arrived at the al-Tanf border crossing, according to Safwan al-Sheikh Ahmad, director of communications at the Syrian Petroleum Company.
Iran’s petchem facilities in Asaluyeh hit by Israeli air strike
Iran’s National Petrochemical Company (NIPC) said several “auxiliary facilities” of petrochemical industries in the Pars Special Economic Energy Zone in the southern province of Bushehr, had come under attack.
Iran slams strike on its petrochemical hub as ‘act of state terrorism’
Iran’s envoy to the United Nations condemned US and Israeli attacks on the country’s civilian infrastructure, including the bombing of a key petrochemical hub, describing them as a “war crime” and a “blatant act of state terrorism.”
Turkish PET plastic producers hit by tight feedstock availability amid war impacts
Turkish producers of the widely used plastic polymer polyethylene terephthalate (PET) are reportedly struggling with tight feedstock availability amid trade flow impacts of the conflict in the Middle East.
Iran ramps up Jask exports, but still heavily reliant on Kharg Island
Iran has increased loadings from its Jask terminal, but the port remains a supplement rather than a substitute for Kharg Island
US looks to seize Iranian territory, with Kharg Island a potential target
US President Donald Trump is reportedly considering an attack on Iran’s Kharg Island, home to the country’s largest oil export terminal, where 90% of its crude is exported from.
UK buys jet fuel from Dangote Refinery as shortages loom
As supply disruptions persist due to the war in Iran and fuel shortages become ever-present, Nigeria’s 650,000 barrels per day (bpd) Dangote Refinery has begun exporting jet fuel to Europe, with a cargo arriving in the UK this week.
Tanzania petrol prices jump 33% as regulator warns on bus fare hikes
Tanzania’s fuel prices surged more than 30% in April, prompting regulators to warn against fare hikes as higher transport and logistics costs threaten to feed into inflation across the economy.
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