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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 grants long-term lease extensions to oil majors, energy traders at Durban’s strategic fuel hub
South Africa has granted long-term lease extensions to international oil majors and trading houses, including BP and Vitol, at the Island View Precinct, the country’s most important fuel import and storage hub in Durban.
Egypt sets for likely last fuel price hike, will not require new IMF programme
Egyptian Prime Minister Mostafa Madbouly announced a potential increase in gasoline prices in October, noting it could be the last if current trends continue
Nigerian LPG distribution stalls as prices remain high
The Nigerian government has reduced efforts to supply homes with LPG following the failure of an initiative introduced in 2021.
Nigerian president advances oil bill placing NNPCL under control of Finance Ministry, upstream regulator
President Bola Tinubu has endorsed a bill that would undermine the "independence" of NNPCL, shifting ownership to the Finance Ministry and handing new powers to upstream regulator NUPRC.
Jordan’s JPRC relaunches $2bn tender for refinery’s fourth expansion
The Jordan Petroleum Refinery Company (JPRC) has relaunched the tender for its long-delayed fourth expansion project, worth an estimated $2bn
Iraq continues export focus with strategic oil link to Oman
Iraq is exploring a highly ambitious plan to construct a crude oil pipeline to Oman
$18bn in Iran’s petchem investment dormant due to feedstock crunch, deputy minister says
Shortages of feedstock have dealt a heavy blow to Iran’s petrochemical industry, leaving some $18bn worth of investments “idle,” a senior official said.
Nigeria LNG deploys AI to boost domestic gas supply and exports
NLNG is turning to artificial intelligence to cut costs, boost safety and strengthen gas supply in Nigeria and abroad as part of a push to stay competitive.
Algerian President reshuffles cabinet, splits energy ministry (Hydrocarbons & Mines, Energy & Renewables)
President Abdelmadjid Tebboune announced that the 'Energy, Mines and Renewable Energies' ministry is being replaced by two new ministries: 'Hydrocarbons and Mines' and 'Energy and Renewable Energies'.
Iraq’s Kirkuk refinery starts production of high-octane gasoline
A new hydrogenation and gasoline upgrading unit has begun production at the Kirkuk refinery, with an operating capacity of 12,000 barrels per day (bpd)
Syria to launch major modernisation project at Baniyas refinery in 2026
The Oil Administration in Syria has announced plans to modernise the Baniyas refinery by 2026. insisting that the works will not affect the availability of petroleum products in the market
Tanzania expands household, commercial access to natural gas amid clean cooking drive
Tanzania is steadily expanding household and commercial access to natural gas as part of its National Clean Cooking Strategy 2024–2034
Mozambican flag growing popular among sanctioned, "zombie" vessels
South African energy regulator approves Sasol Gas maximum gas price adjustment for Q2 FY2025/26
The National Energy Regulator of South Africa in a statement on September 9 said it had considered and noted Sasol Gas Limited’s adjustment of its maximum gas price for the Q2 of FY 2025/26.
US sanctions Indian petchem traders over Iran deals
The US Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned six Indian companies for their involvement in trading petrochemicals produced in Iran, according to a report released by Business & Human Rights Resource Centre.
Nigeria’s Dangote refinery says it will not shut petrol unit
Nigeria’s Dangote refinery has moved to deny a Reuters report that claimed the plant was preparing to shut its petrol unit for between two to three months, with Dangote Group spokesperson Anthony Chiejina denouncing it as “fake".
Saudi Aramco, Sinopec sign petchem complex JV
Saudi Arabia’s state-owned Saudi Aramco has launched a joint venture with Chinese state company China Petroleum & Chemical Corp. (Sinopec) to construct and operate the second phase of a refining and petrochemical complex in Fujian province, China.
ZPEC and H&L Petroleum DMCC sign deal to drill eight wells in Iraq’s Diyala
Iraq’s state-owned Midland Oil Company (MdOC) has signed a contract to drill eight wells in the Naft Khana block of Diyala province, in a move aimed at boosting the country’s oil and gas production capacity
Nigeria’s Dangote refinery accepts union demands
Nigeria’s Dangote refinery has accepted demands by unions to allow its workers to unionise, with further strike action from NUPENG and PENGASSAN averted.
Iraq’s SOMO holds advanced talks with ExxonMobil on oil storage deal
Iraq’s State Oil Marketing Organization (SOMO) has entered advanced discussions with ExxonMobil to secure oil storage capacity in Singapore and explore new refining and profit-sharing opportunities in Asia
Iraq resumes Syria talks as SOMO provides updates
Baghdad is continuing talks with Syria about reinvigorating the Kirkuk-Baniyas oil pipeline as it looks for additional export capacity. Meanwhile, the state oil marketer has struck strategic storage deals
APPO to announce launch date for Africa Energy Bank at next ministerial meeting
The African Petroleum Producers Organisation (APPO) will announce the launch date for the Africa Energy Bank (AEB) at the next ministerial meeting.
Kurdish official estimates Iraqi oil losses at $28bn
The 18-month suspension of oil exports from Iraqi Kurdistan has cost the state more than $28bn in lost revenue, a senior Kurdish official has said
Egypt can secure alternative gas supplies if Israel blocks $35bn deal, rules out Gaza concessions
Egypt can mitigate risks to its gas supply if Israeli PM Benjamin Netanyahu follows through on his alleged threat to block the $35bn export deal to pressure Cairo on Palestine stance
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