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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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Dubai Municipality signs MoU to produce SAF
Dubai Municipality has signed a memorandum of understanding with NV Besix SA, Marubeni Middle East and Africa Power Ltd. (MAMEA) and ENOC Marketing at the World Governments Summit 2024 to produce SAF.
Final investment decision for Hoima refinery expected in 2024
The Uganda National Oil Co. (UNOC) announced in a statement to ChimpReports on February 13 that it expected the UAE’s Alpha MBM Investments to make a final investment decision on the construction of Hoima oil refinery by the end of 2024.
IMF urges Nigeria to phase out subsidies on fuel and electricity
The International Monetary Fund (IMF) has urged the Nigerian federal government to completely remove subsidies for fuel and electricity, noting that such policies were expensive and ineffective at helping the country’s population.
Saudi Arabia to collaborate with Nigeria on LPG adoption
Saudi Arabia’s Oil and Sustainability Programme (OSP) has launched the national human capacity training programme together with the Nigerian ministry of petroleum in a bid to increase usage of liquefied petroleum gas (LPG) for clean cooking.
Nigeria's Dangote oil refinery issues tender for first fuel cargo export
This is a significant milestone for the refinery, which was inaugurated in 2023. It began buying crude in December last year.
Iran eyes increasing refining capacity by over 30% through new refineries
Iran aims to expand its oil and gas refining capacity by more than 30% in a five-year time frame by building new mini and large refineries, the deputy oil minister for planning said.
Shell pulls out of Iraq's Nibras petrochemical site
Royal Dutch Shell has said it will halt its involvement in the Nibras petrochemical complex project in Iraq, the company announced in a statement on February 13.
Iraq to continue expanding IOTC fleet
The Iraqi Ministry of Oil (MoO) has announced plans to continue building out the country’s fleet of the Iraqi Oil Tanker Co. (IOTC), following the addition of two new Norwegian-built units.
Riyadh planning further sale of Aramco shares
Saudi Arabia is reportedly preparing for another round of share sales in Aramco, aiming to bolster the kingdom’s finances and advance its economic diversification efforts away from oil dependency.
Iran’s gasoline production up 22% in three years, says oil minister
Iran’s gasoline output has increased by 22% over the past three years, Oil Minister Javad Owji said.
Iran’s annual petrodollars grow over fourfold in three years, oil minister says
Iran’s Oil Minister Javad Owji boasted about the petroleum industry’s performance under his management, saying the country's oil and gas revenues rose more than four times during his tenure.
DMEA: Al-Zour refinery reaches full capacity
Turkmennebit and Dragon Oil discuss potential cooperation in oil and gas sector
A recent meeting on February 6 in Ashgabat between a delegation from the UAE’s Dragon Oil and management officials from Turkmenistan’s national oil company Turkmennebit has raised potential prospects for cooperation.
Al-Zour refinery reaches full capacity
Kuwait’s Al-Zour refinery achieved its full capacity of 615,000 barrels per day (bpd) on February 4, signifying the end of test runs that have been ongoing since 2020.
Germany strikes gas pipeline deal with Algeria
German energy utility VNG has signed the country’s first pipeline gas deal with Algeria, with the latter’s state-owned oil and gas company Sonatrach.
Duqm Refinery set to change Omani energy outlook
Oman’s 230,000 barrels per day Duqm Refinery has been inaugurated by the country’s government in the presence of Sultan Haitham Bin Tariq and the Emir of Kuwait, Sheikh Mishal Al-Ahmed Al-Jaber Al-Sabah.
Egypt set to decide on buyer for Wataniya
Egypt is set to receive closing bids for the purchase of shares in the National Company for the Sale and Distribution of Petroleum Products (Wataniya).
NNPCL partners with US, Deloitte to achieve net-zero targets
The Nigerian National Petroleum Company (NNPC) Ltd. has stated that it will be working with the US Department of State and international management consultancy firm Deloitte in a bid to achieve net-zero carbon targets.
Nigeria holds talks with Daewoo-led South Korean group on potential LNG export deal
The Nigerian National Petroleum Co. (NNPC) Ltd. has held talks with a South Korean consortium led by Daewoo Engineering & Construction Co. Ltd. with the aim of increasing Nigerian liquefied natural gas (LNG) exports to the East Asian country.
Moody’s expects Red Sea disruptions to cause oil price volatility
Ongoing tensions in the Red Sea may lead to volatility of oil prices amid trade disruptions in the area and elevated shipping, insurance and freight costs.
Household gas consumption in Iran sets fresh record
Domestic gas consumption has hit yet another daily record in Iran amid a cold snap sweeping many parts of the country, said the dispatching director of the National Iranian Gas (NIGC).
Taliban returns 19 tankers of poor-quality fuel to Iran
The Taliban’s national norm and standard department announced that it has returned 19 tankers of fuel to Iran through a border crossing in Nimrouz Province of Afghanistan due to its poor quality.
Iraqi MP proposes suspension of oil exports to Jordan
Iraqi MP Mustafa Jabbar Sanad has proposed the suspension of oil exports to Jordan.
Contractors to complete Halfaya gas project during Q1
Two state-run Chinese companies expect to fully complete Iraq’s Halfaya gas processing plant by the end of the first quarter of 2024, according to the local Ministry of Oil.

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