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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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Peninsula Petroleum secures Egypt’s second bunkering licence awarded to foreign ship fuel supplier
Nigeria Labour Congress suspends strike over fuel subsidy after court ruling, government meeting
Nigerian electricity sector workers declare nationwide strike over removal of fuel subsidies
Saudi cuts deeper as OPEC+ extends deal
Saudi Arabia has announced that it will cut its oil output by 1mn barrels per day in July, with OPEC+ agreeing to extend its current deal until next year.
DMEA: Subsidies no longer affordable
NewMed building subsea pipeline linking LNG facilities in Egypt to Aphrodite offshore gas reservoir
NewMed, the developers of Cyprus’s Aphrodite offshore natural gas field, plans to build a subsea pipeline linking the offshore gas reservoir to existing Egyptian liquefied natural gas processing facilities, local media report.
Montfort acquires Uniper’s Fujairah marine fuels business
German firm Uniper has sold its UAE-based crude oil processing and marine fuel trading business to a consortium of Montfort and the Private Office of Sheikh Ahmed Dalmook Al Maktoum.
Nigeria can no longer afford fuel subsidy, NNPCL says
Nigeria’s NNPC Ltd has said that the country’s government can no longer afford to pay for costly fuel subsidies, said the company’s managing director Mele Kyari, a day after Nigeria’s President Bola Tinubu said the subsidy would be scrapped.
Kuwait’s Al-Zour refinery delayed until end of summer
Kuwait Petroleum Corp. CEO Sheikh Nawaf al-Sabah said this week that commissioning of the third section of the Al-Zour refinery had been delayed owing to a technical issue. The fault meant that the refinery had to halt all operations for two weeks.
Abuja encouraged to prioritise revitalising refineries
A renowned Nigerian energy lawyer and analyst has called on the country’s new leadership to prioritise the rehabilitation of currently mothballed refineries.
Kenya Airways first carrier in Africa to fly on Eni’s sustainable aviation fuel (SAF)
Kenya Airways (KQ) has made Africa’s first long-haul flight on Eni’s sustainable aviation fuel (SAF) with a Boeing 787-800 (B787-8) Dreamliner, flying from Nairobi’s Jomo Kenyatta International Airport to Schipol in Amsterdam.
‘Ghost Ships’ delivering Iranian oil to Syria
Ghost ships are delivering Iranian oil to the Syrian Mediterranean port of Baniyas. During the past six months, eight tanker ships have made at least 17 deliveries and offloaded some 16mn barrels of liquid hydrocarbons in Syria.
AfrOil: Dangote Refinery launched
Aramco expected to finally sign deal for Iraq’s Akkas
Iraq has long courted Aramco for the promising, yet remote gas field, and it looks like the end is in sight
DMEA: Cape Town refinery to receive US crude
Cape Town refinery to receive rare shipment of US crude
The first US oil shipment to South Africa since 2021 is on its way to the country’s Astron Energy refinery, located in Cape Town, according to tracking data provided by energy data provider Kpler and Refinitiv Eikon.
Iran set to launch new gas condensate refinery
Iran’s Persian Gulf Mehr Refinery Co. (PGMC) announced this week that it aims to launch a large gas condensate refinery in the south of the country next year to meet rising gasoline demand.
Petrofac, China Huanqiu win EPC for Algerian petchem project
A joint venture comprising China Huanqiu Contracting & Engineering Corporation and Petrofac has been selected by STEP Polymers to begin a large-scale Algerian petrochemical project.
NNPCL says domestic refining will not compensate for subsidies
Nigeria’s NNPCL has said that the country’s domestic refineries will not make up for the removal of government subsidies but added that they would ensure adequate supply.
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