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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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OPEC members provide refining capacity update
DMEA: OPEC gives refining update
Nigeria will not remove fuel subsidy, government reveals
Nigeria will not be removing its fuel subsidy, despite the high cost to the country’s budget, Information Minister Lai Mohammed said on July 4.
Iraq makes discoveries in Nineveh
Nigeria: Eterna promises to ‘deliver value’ by investing in LPG
Eterna plc, a Nigerian manufacturer and distributor of lubricants and chemicals, is set to invest in LPG, it revealed at its 29th annual general meeting in June.
Nigerian gas company Tetracore aims to launch IPO by year-end
Tetracore, a Nigerian natural gas producer and distributor, has said it hopes to start listing its stock on a foreign exchange before the end of the year.
Nigeria could witness ‘mother of all queues’ due to fuel debts, retailers warn
The Independent Petroleum Marketers Association of Nigeria has warned that Nigeria could witness “the mother of all queues” if the government fails to pay money owed to the oil sector.
Iran's refining capacity reaches 2.2mn bpd
Iranian refinery capacity bounces back
CBN says rising crude prices are not helping Nigeria due to sluggish oil revenues, high gasoline subsidies
The Central Bank of Nigeria (CBN) says the rise in world crude oil prices is not benefiting the government’s finances, as spending on domestic gasoline subsidies is rising more quickly than oil revenues.
Nigeria’s UTM Offshore aims for FID on Yoho FLNG project in Q2-2023
Nigeria’s UTM Offshore is looking to make a final investment decision on a floating LNG project at the Yoho offshore oilfield in the second quarter of 2023.
Greece releases tanker carrying Iranian crude
Duport modular refinery set for launch
Towards a new gas tax regime for Angola LNG
Angola’s president has been authorised to reduce tax rates on Angola LNG's purchases of natural gas, which is currently a less attractive feedstock than associated gas.
DMEA: Nigeria blames refineries for fuel issues
AfrOil: NNPC data shows huge increase in Nigerian gasoline subsidies
The Nigerian government spent nearly three times as much on domestic gasoline subsidies in the first five months of 2022 as it did in the same period of last year, according to Nigerian National Petroleum Co. Ltd (NNPC Ltd).
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