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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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Energy wastage equal to daily loss of 3.5mn barrels of oil, Iran speaker says
Iranian Parliament Speaker Mohammad Baqer Qalibaf called energy shortage one of the most pressing concerns among other deficits, pinning the blame primarily on extravagant use of energy resources.
COP28: Major oil companies pledge to cut methane emissions
About half of the world's oil firms, totalling almost 50 companies, have committed to achieving "near zero" methane emissions and discontinuing routine flaring in their operations by 2030, and achieving net zero by 2050.
Vandals sabotage oil pipeline in Yemen’s Shabwa Province
An oil pipeline in Yemen’s central Shabwa province has been damaged following an attack by an unidentified group of gunmen.
COP28: Nigeria’s plan for African gas pipeline network unveiled
Mele Kyari, the group chief executive officer of the Nigerian National Petroleum Company (NNPCL), has unveiled ambitious plans to create a regional gas pipeline network supplying natural gas across Africa.
Iran’s natural gas extraction hits 1bn cubic metres
Iran's natural gas extraction has reached 1bn cubic metres per day, with 70% gushing forth from the mammoth South Pars (SP) gas field, the head of the planning and project control at the Pars Special Economic Energy Zone (PSEEZ) said.
OPEC+ extends voluntary cuts as Brazil prepares to join
The group failed to agree on an additional cut that would apply to all members, so leading producers have once again decided to cut over and above the OPEC+ quotas
DMEA: Zimbabwe's Maswera invests in LPG
COP28: Nigeria’s NMDPRA says can create $575bn in investment opportunities via decarbonisation
Iranian tech firm exports $20mn worth of catalysts to Russia
An Iranian technology-based company is exporting $20mn worth of catalysts used in the petrochemicals and steel sectors to Russia annually to get a tiny but notable share of the catalyst industry's global market.
Iran might become energy importer, IFPI warns amid gas shortage
The secretary general of the Iranian Federation of Petroleum Industry (IFPI) has sounded the alarm about a looming gas shortage, warning that Iran might turn into an energy importer as consumption outstrips production.
Kuwait bans exports of used cooking oil
Kuwait has moved to ban used cooking oils in a bid to promote sustainable practising and maximise potential income from the production of biofuel.
Maswera invests in LPG technology, Zimbabwe
In Zimbabwe, local energy firm Maswera Energies has partnered with Italian company Agis Andrea Mangaliardo to develop Autogas technology, a system that uses liquified petroleum gas to fuel cars.
Biofuels could ease Tanzania's import reliance
Various oil company heads have suggested Tanzania avoid fuel import bills by turning to sustainable ethanol production from sugarcane or agricultural residues, including wheat straw, rice straw, rice husk and corn stover.
Mele Kyari reappointed as CEO of NNPCL
Nigerian President Bola Tinubu has announced the reappointment of Mele Kyari as CEO of the Nigerian National Petroleum Company Ltd. (NNPCL) in a bid to display continuity in the country’s oil sector.
Bapco Energies amends and extends financing
The state energy firm has received encouraging support from regional institutions and while the value is dwarfed by the efforts of its neighbours, Bahrain’s energy transition ambitions may be aided by its comparative resource paucity.
Iran stores 3 bcm of natural gas amid shortage concerns in winter
Iran has stored about 3bn cubic metres of natural gas to “partially alleviate supply concerns” ahead of a fast-approaching winter, Deputy Oil Minister Mohsen Khojasteh-Mehr says.
Nigeria-Morocco gas pipeline to begin constitution in 2024, Abuja says
The $25bn Nigeria-Morocco Gas Pipeline (NMGP) will begin construction in 2024, Nigeria's energy minister, Ekperikpe Ekpo, has said.
AfrOil: Environmentalists urge banks not to support Mozambique LNG
Daewoo signs MoU with Yemen covering LNG terminal, power plant
South Korea’s Daewoo Engineering & Construction has signed a memorandum of understanding with Yemen’s Ministry of Electricity and Energy to build a LNG receiving terminal in Yemen.
DMEA: Scania partners to launch biodiesel project in Côte d’Ivoire
Nigeria approves deal with Portland Gas to build CNG conversion sites
The Federal Government of Nigeria has announced a strategic partnership with Portland Gas to construct compressed natural gas (CNG) conversion sites across the country, Nairametrics has reported.
$20bn Dangote Petroleum Refinery to list on Nigerian Exchange
Speaking to the Financial Times, Dangote revealed that the refinery would be floated on the NGX as a separate company, in what will be a significant development for the Nigerian bourse.
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