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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 steps up $20bn gas pipeline push to supply Europe
Nigeria is intensifying talks on a proposed $20bn gas pipeline to Europe, aiming to deliver up to 30bn cubic metres of gas annually and strengthen both its economy and European energy security
Nigeria’s Dangote refinery exports 456,000 tonnes of fuel across Africa
Nigeria’s Dangote refinery has exported 456,000 tonnes of fuel to five African countries, signalling a shift in regional supply dynamics amid rising demand and global disruptions.
Egypt among most ill-equipped to withstand Iran war energy shock long term
Egypt is among the least equipped to absorb a long-term oil shock owing to weak macro buffers, leaving it highly sensitive to rising import costs, FX pressure, and fiscal strain.
Saudi officials model $180 oil scenario as Hormuz blockade persists
Saudi Arabian oil officials are modelling scenarios where crude prices could exceed $180 a barrel if supply disruptions in the Middle East continue beyond April, according to a report by the WSJ.
Namibia's Nasan Energies gets regulatory approval to acquire 52 fuel stations from Vivo Energy
Namibia’s Nasan Energies (Nasan) has received regulatory approval to acquire 52 Shell and Engen-branded fuel service stations in the country from Vivo Energy plc's (LSE:VVO) local subsidiary.
Israel escalates war with attack on South Pars
As the war in the Middle East enters its third week, strikes have become increasingly escalatory, with Israel opting to hit Iran’s South Pars gas field, and Iran launching attacks on Qatar’s energy infrastructure in response.
Angola's Cabinda oil refinery construction complete, undergoing final technical testing before start-up
Construction of Angola’s second oil refinery is complete, with its commissioning expected within days.
Dangote and marketers partner to expand Nigeria fuel supply network
Dangote Petroleum Refinery has partnered with major fuel marketers to expand Nigeria’s fuel distribution network and reduce supply risks associated with reliance on a single producer
Ghana opposition mounts pressure on government to scrap fuel levy amid price surge
Ghana’s parliamentary Minority has urged the government to scrap a GHS1 levy on petroleum products, warning it is worsening the burden on consumers as fuel prices rise.
Turkish plastics industry hit by Middle East conflict as supply chains break down
Logistics and polymer input prices soar.
UAE’s Fujairah port resumes some crude loadings after attack
The UAE’s port of Fujairah resumed some loadings of crude oil this week following a drone strike that caused fires across the facility.
Hormuz tensions raise inflation and energy security risks for Africa, says senior investment analyst
A senior investment analyst examines how the ongoing Middle East military conflict and rapidly climbing oil and gas prices are affecting African economies, supply chains and cost of living.
Hormuz crisis raises wider risks for Turkey far beyond oil prices, says policy brief
As well as an energy bill nightmare, country faces triple whammy in industrial production, agriculture and logistics.
Nigeria’s Dangote and China’s GCL sign $4.2bn gas supply deal for Ethiopia fertiliser project
Nigerian conglomerate Dangote Industries and China’s GCL Group have signed a $4.2bn natural gas supply agreement to support a $2.5bn fertiliser complex in Ethiopia aimed at strengthening East Africa’s agricultural supply chain.
Nigerian navy dismantles illegal refinery in Rivers and seizes 3,950 litres of stolen fuel
The Nigerian Navy has dismantled a reactivated illegal refinery and seized about 3,950 litres of suspected stolen petroleum products in Calabar as part of intensified operations against crude oil theft under Operation DELTA SENTINEL
Nigeria launches petroleum reform taskforce to unlock up to $10bn investment, overhaul sector
Nigeria has established a presidential petroleum reform taskforce tasked with unlocking up to $10bn in sector investment and developing a 10-year national energy transformation strategy aimed at boosting production, FX earnings and competitiveness.
Tanzania urges TPDC to accelerate oil and gas projects to boost economy
Tanzania’s government has instructed the Tanzania Petroleum Development Corporation (TPDC) to ensure ongoing oil and gas projects are delivered on schedule, with a focus on maximising their contribution to national development
Tehran denies role in strikes on Saudi Arabian energy assets
Iran has formally distanced itself from a recent spate of attacks on Saudi Arabia’s critical oil infrastructure
Iranian drone strike on Oman’s Salalah port compounds regional energy crisis
Iranian unmanned aerial vehicles struck the Port of Salalah in southern Oman today, igniting multiple fuel storage tanks and partially suspending operations at the sultanate’s largest oil terminal
Drone attack halts operations at Lanaz oil refinery in Iraq's Erbil
Operations at the Lanaz oil refinery in Erbil, in Iraq’s Kurdistan region, have been suspended after a drone attack sparked a fire at the facility
Totsa commands record Oman crude premiums as Middle East output shuts down
Totsa finalised the sale of April-loading Oman crude to ExxonMobil at a multi-year high premium
Dangote accuses Nigerian regulator of allowing petrol imports despite local supply
Aliko Dangote has said Nigeria’s downstream regulator continues to issue petrol import licences despite rising domestic refining capacity, warning that sustained imports threaten local industry and energy security
Ghana moves to phase out LPG cylinder imports as state factory revival advances
Ghana plans to eventually ban imports of liquefied petroleum gas cylinders as part of a strategy to boost domestic manufacturing and expand clean cooking access, Energy and Green Transition Minister John Abdulai Jinapor told parliament
Arab states lose $15bn in energy revenues as Hormuz shutdown continues, FT reports
Gulf oil producers have lost an estimated $15.1bn in energy revenues since the war with Iran began, with $10.7bn in crude and LNG cargoes stranded inside the Strait of Hormuz.
Zambia to partner private sector to build two pipelines to move oil, gas from Tanzania and Namibia
Zambia’s government has approved the development of two new pipelines to move oil and gas from ports in neighbouring Tanzania and Namibia.
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