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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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Genesis Energy and Nigerian National Petroleum Company partner to supply excess power to national grid
Genesis Energy and the NNPCL have entered into a partnership to supply excess electricity from the Port Harcourt Refining Company to the national grid, in a move aimed at reducing energy shortages and improving grid reliability.
Turkey arrests directors of fuel retailer TP after SOCAR complaint
Police describe around 18,500 tonnes of fuel as "missing".
Nigeria: NNPCL considers increasing equity stake in Dangote refinery to 20%
The Nigerian National Petroleum Co. Ltd. (NNPCL) said on November 6 that it planned to increase its equity stake in the $20bn Dangote refinery to 20%.
Nigeria’s Senate adopts interim report alleging $200bn worth of crude oil revenue discrepancies
Nigeria: Dangote lawsuit dismissed by court
Nigeria’s Federal High Court has dismissed a suit filed by 650,000 barrels per day (bpd) Dangote refinery in November 2024.
Nigeria seeks IMF support to design fuel price modulation framework
Nigeria has requested technical assistance from the International Monetary Fund (IMF) to establish a fuel price modulation framework aimed at cushioning domestic price shocks and supporting fiscal stability
Saudi Arabia: SABIC sees pressure on profit margins due to petchem overcapacity
Saudi Basic Industries Corp. (SABIC) CEO Abdulrahman Al-Fageeh said this week that global overcapacity in the petrochemicals industry had put pressure on profit margins, leading to reduced operating rates.
India’s Bharat Petroleum buys Emirati crude following sanctions on Russia
Bharat Petroleum has purchased a cargo of Emirati Upper Zakum crude as it attempts to circumvent sanctions on its usual crude supplier based in Russia, according to Reuters.
Halliburton wins integrated drilling contract for HI gas field supplying Nigeria LNG Train7
Halliburton (NYSE:HAL) secured an integrated drilling and completion services contract for the HI gas field in OML144, a project led under the SPDC JV framework to provide feed gas for Nigeria LNG’s Train7 expansion.
Nigeria's Ondo State announces $50bn investment framework for proposed 500,000bpd refinery, free trade zone
Ondo State signed a $50bn investment agreement with a consortium of international firms, including China Harbour Engineering Company and Honeywell OUP, to build a 500,000-bpd refinery and develop a 1,471-hectare free trade zone.
Oman, Spain seal MoUs on LNG, green methanol
The governments of Oman and Spain on November 4 signed a string of memoranda of understanding (MoUs) in Madrid, including two major energy accords on liquefied natural gas (LNG) and green methanol, TradeArabia reported on November 5.
Iraq begins trial operation of two refineries with combined 140,000 bpd capacity
Iraq has officially begun trial operations at two major refineries ( North Refinery 2 and Saladin Refinery 3), each with a capacity of 70,000 barrels per day(bpd), bringing the country’s total refining output up by 140,000 bpd
Kuwait’s North Al-Zour plant reports 65% surge in nine-month profits
Kuwait's North Al-Zour First Power and Water Company posts 65% profit rise to KWD11.3mn ($36.8mn) in first nine months of 2025. Board approves interim cash dividend of 5 fils per share.
Ghana saves $411.5mn after axing SML contracts, special prosecutor says
Ghana has saved more than $411.5mn by cancelling the upstream and mineral-sector components of the Strategic Mobilisation Ghana Limited (SML) revenue assurance agreement, according to the Office of the Special Prosecutor (OSP).
Iran produces first bioethanol petrol blend
Iran has produced its first bioethanol-based petrol (E5) with an annual capacity of 1.2bn litres, aimed at reducing pollution and expanding the use of green automotive fuel, Deputy Minister of Industry Farshad Moqimi said.
Jordan’s NPC to increase gas output tenfold at Risha by 2030
Jordan’s National Petroleum Company (NPC) plans to increase its production at the Risha gas field by tenfold, as part of its strategy to support national industry, energy security, and job creation
Turkish refineries reportedly buying more non-Russian crude in response to sanctions
Turkey's largest oil refineries are reportedly purchasing more non-Russian oil as they react to the latest Western sanctions imposed on Russia in relation to its war in Ukraine.
Dangote refinery ramping up output as Nigeria prepares phased 15% fuel import duty
Nigeria’s Dangote refinery is scaling up gasoline and diesel output as the government prepares to phase in a 15% import duty on refined fuel products, part of a broader effort to shift supply towards domestic refining and reduce FX pressure.
ExxonMobil delays $30bn Rovuma LNG decision pending restart of TotalEnergies’ Mozambique LNG project
Tanzania’s new synthetic fuel project set to compete with Dangote’s jet fuel market
Tanzania has announced plans to construct a significant $420mn synthetic fuel project that could place the country as the lead jet fuel exporter in Africa, challenging Nigeria’s 650,000 barrels per day (bpd) Dangote refinery.
Nigeria's NNPCL weighs technical equity partnerships to revive idle state-owned refineries
NNPCL is reviewing options to bring the Port Harcourt, Warri and Kaduna refineries back into meaningful operation, possibly by bringing in technical equity partners to upgrade or repurpose units.
Waha Oil says design work completed for planned $1bn Libya pipeline project
Waha Oil Company says it has completed design work for a planned 700-km crude pipeline in Libya intended to replace aging infrastructure and improve reliability of crude transport.
Algeria backs African infrastructure development
Algerian President Abdelmadjid Tebboune has confirmed Algeria’s continued support for increased development in Africa, emphasising the need for integrated and modern infrastructure to develop the continent’s economy.
Mali closes universities and schools as fuel crisis worsens
Mali has shut down schools and universities across the country as an increasingly dire fuel crisis takes hold, with militant groups continuing to block fuel imports that typically enter the country via its landlocked borders.
Suez Canal temporarily blocked by tanker carrying Russian oil
The Suez Canal was blocked for several hours on October 28 by a sanctioned tanker that had run aground, with the Suez Canal Authority noting that the 150,600-deadweight tonnage (dwt) Komander had suffered engine issues while sailing South.
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