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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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South Africa, China sign power deals
South Africa signed a collection of deals with China on August 23 aiming to restore its struggling power sector with the hopes of easing a severe energy crisis that has been affecting the economy for years.
China eyes cheaper Iranian crude as Russian discounts dry up
With rising prices seen on Russian crude imports of late, speculation is rife in East Asia that authorities in Beijing will soon give the nod to increased imports of Iranian crude in the coming months.
ExxonMobil says world will fail to meet Paris goal in 2050
Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.
EU scouts Africa for SAF projects
The European Union has banked on Africa backing sustainable aviation fuel (SAF) projects for its Global Gateway infrastructure fund ahead of an expected increase in demand for sustainable air travel, according to an EU official.
Transnet sues Sasol for $44mn pipeline tariffs
Transnet SOC Ltd. is suing Sasol and TotalEnergies SE for issues pertaining to the usage of its pipeline to transport crude oil to jointly owned Natref refinery in Sasolburg, Durban.
Major Iranian oil company reports 35% growth in output
Karoun Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has recorded a remarkable 35% increase in output over the past six months.
Turkey keen to restart Kirkuk-Ceyhan pipeline operations
Talks between Iraqi, Kurdish and Turkish authorities suggest that oil flows to the Mediterranean could be close to resuming
TAQA Arabia submits non-binding offer to acquire gas stations owned by army’s Wataniya Petroleum
Egyptian energy services company TAQA Arabia submitted a non-binding offer to acquire gas stations company Wataniya Petroleum, a subsidiary of the army’s civilian business conglomerate National Service Projects Organization (NSPO).
Aramco expands downstream presence in China
Saudi Aramco has announced plans to continue expanding its downstream presence in China in an effort to support energy security and a green transition in the country, according to the company’s president of downstream, Mohammed Y Al Qahtani.
RISK ADVISORY: Changing Sonangol – can Angola finish what it started?
After a promising start, President João Lourenço’s ambitious plan to reform Angola’s state oil company Sonangol appears to have ground to a halt.
BP and partners to invest $3.5bn in Egypt’s hydrocarbon sector over next three years, CEO says
Gas pipeline explosion reported in southern Iran; officials blame fuel theft
Iranian media have reported a fire incident on the Goura-Jask crude oil pipeline in the southern province of Hormozgan on August 28, killing at least one person.
BRICS MATERIALS: the flourishing intra-BRICS oil trade
The addition of the Kingdom of Saudi Arabia, UAE and Iran to the BRICS+ at a summit on August 24 came as a surprise to many, but it has also significantly increased the body's clout in international oil markets.
DMEA: Iraq considers tapping Qatari gas
Aradel Holdings modular refinery set to begin operations
Kenya to allow private sector to run Gulf fuel import scheme
Iraq recovers missing refining equipment
Iraq considers tapping Qatari gas
Qatar and Hungary sign LNG deal as shipbuilding begins
Qatar and Hungary last week signed an LNG supply deal with shipments set to begin in 2027.
IMF praises Kenya’s fuel price stabilisation mechanisms
DMEA: Nigeria reports 121 incidents involving crude theft
Oil tanks ablaze at Iran industrial complex in Abadan
The Abadan industrial complex is located on the road between Abadan and Ahvaz in south-west Iran.
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