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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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Israeli PM approves sale of Haifa refinery to Israel Petrochemical Enterprises
Israel Petrochemical Enterprises is set to go ahead with the acquisition of Bazan, the operator of a 197,000-barrel per day refinery in Haifa, as Prime Minister Yair Lapid gave his approval to the deal on September 6.
KIPCO shareholders OK merger with QPIC
Kuwait Projects Co. (KIPCO) has reportedly received a green light for its proposed merger with Qurain Petrochemical Industries Co. (QPIC).
Chariot gains access to GME gas pipeline under tie-in agreement with Morocco’s ONHYM
UK-based Chariot has gained access to the GME gas pipeline under a new agreement with Morocco’s Office National des Hydrocarbures et des Mines (ONHYM).
Italy receives first cargo of Kuwaiti ULSD
Kuwait Petroleum International (KPI), a downstream subsidiary of Kuwait Petroleum Corp. (KPC), has delivered its first batch of ultra-low-sulphur diesel (ULSD) fuel to Italy.
DMEA: ZIM, Shell sign 10-year LNG bunkering deal
ZIM Integrated Shipping Services (Israel) has secured fuel supplies for 10 new LNG-powered ships that are due to enter its fleet in 2023-2024 under a long-term bunkering contract with a subsidiary of Shell (UK).
SPDC to investigate oil spill in Bayelsa State
Shell Petroleum Development Corp. (SPDC) is investigating an oil spill that reportedly occurred late last month as a result of problems with one of its flow stations in Bayelsa State.
For Cypriot gas, the path to Europe may run through Egypt
Establishing short subsea links with Egypt may be a faster and cheaper way for Cyprus to launch exports than waiting for EastMed, which would be the world’s longest underwater pipeline.
Senegal’s president sees Phase 2 of LNG production starting at GTA in 2024 or 2025
Macky Sall, the president of Senegal, expects BP (UK) to launch the second phase of its natural gas and LNG development project at the offshore Greater Tortue/Ahmeyim (GTA) block in 2024 or 2025.
ZIM, Shell sign 10-year LNG bunkering deal for new container ships
ZIM Integrated Shipping Services (Israel) has secured fuel supplies for 10 new LNG-powered ships that are due to enter its fleet in 2023-2024 under a long-term bunkering contract with a subsidiary of Shell (UK).
Nigeria: Kyari says NNPC Ltd has locked in oil supply agreement with Dangote Refinery
Mele Kyari, the group CEO of Nigerian National Petroleum Co. Ltd (NNPC Ltd), said on August 30 that his company has already locked in long-term supply arrangements with the Dangote Refinery.
BPCL expects Mozambique LNG to resume work in H1-2023
The Mozambique LNG consortium is likely to resume activity in the first half of 2023, according to India’s Bharat Petroleum Corp. Ltd (BPCL), a non-operating shareholder in the French-led group.
Nigeria to import services, petrochemical products from Iran
SATORP reports net profits, revenues up in H1-2022
Saudi Aramco Total Refining and Petrochemical Company (SATORP) reported last week that its profits and revenues had both increased significantly in the first half of 2022.
Iran's petrochemical exports reportedly up 38% y/y to $9.1bn in first five Persian months
DMEA: TotalEnergies says it will continue building Arzew petchem plant in Algeria
TotalEnergies (France) will continue working to build a petrochemical plant in Algeria’s Arzew region, denying a report published earlier by African Intelligence.
Iran and Russia set to sign gas purchase and swap agreement, says Iranian oil minister
Iraq’s Ministry of Oil discusses effort to ensure adequate diesel supplies during heat wave
Iraq’s Ministry of Oil said last week that it was working to ensure that all regions of the country are adequately supplied with diesel in the face of a heat wave that has been gripping the country this summer.
Talanx declines to re-insure East Africa Crude Oil Pipeline (EACOP)
Talanx, Germany’s third-largest insurance company, has confirmed that it will not provide re-insurance coverage for the East Africa Crude Oil Pipeline (EACOP) project.
Nigeria rolls out gas-based plan to reach net zero by 2060
Nigeria’s government has rolled out a new plan for bringing net carbon emissions down to zero by 2060. The initiative, which calls for using natural gas as a bridge fuel, is both ambitious and expensive.
Nigeria’s air employees union proposes paying foreign airlines in crude oil
Nigeria’s National Union of Air Transport Employees (NUATE) has proposed sending oil instead of dollars to foreign airlines struggling to repatriate funds back to their home country, The Nation has revealed.
Iraqi oil minister says Karbala refinery will help country slash fuel imports in 2023
Iraq’s Oil Minister Ihsan Ismaael has said he expects the Karbala refinery to cut the country’s fuel imports by more than half when it becomes fully operational next year.
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