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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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Ghana’s GOIL targets West African bitumen market with new products
QatarEnergy renews naphtha supply deal with Marubeni
State-owned QatarEnergy this week signed a new 10-year deal to supply naphtha to Japan’s Marubeni Corp.
OQGN to award pipeline installation and connection contract
Oman’s state gas transmission system operator is reported to be set to award an engineering contract for work to install new pipelines and link them to existing infrastructure.
Oil supply agreement between Kenya Aramco, ADNOC and ENOC extended
Kenya has extended an existing oil supply deal designed to manage demand for dollars involving Saudi Aramco (Aramco), Abu Dhabi National Oil Company (ADNOC) and Emirates National Oil Company (ENOC).
Iran eyes stronger presence in Latin American petrochemical markets
The Iranian petrochemical industry is actively pursuing a stronger presence in Latin America, primarily by offering technical services to Brazil and Venezuela.
Iran’s largest biorefinery to go public
Iran’s leading biorefinery company Zagros Green Fuel Development Company is set to debut its shares on the Tehran Stock Exchange in October as the first project-based company in the Iranian capital market.
Mozambique’s president says ExxonMobil is committed to Rovuma LNG project
Mozambique’s President Filipe Nyusi said on September 22 that the US super-major ExxonMobil had assured him of its commitment to moving forward with the Rovuma LNG project.
AfrOil: Dangote Refinery prepares to receive first cargo of crude oil
India's September oil imports from Saudi Arabia hit multi-year low
India's crude oil imports from Saudi Arabia for the month of September have plunged to a multi-year low, with daily imports averaging around 500,000 barrels per day.
Saudi Aramco moves into South American downstream market
Surge in Iran’s oil output drives remarkable 6.2% quarterly GDP growth
Glencore set to miss investment deadline for Cape Town refinery
Glencore is currently engaged in negotiations with South Africa’s government regarding a promise to invest ZAR6bn ($3.7mn) in Cape Town refinery, due to the company coming close to missing the deadline following an explosion that shut the plant.
Iran, Uzbekistan sign petrochemical memorandum
Dateline Energy Services to build 4,000-tonne LPG barge for Nigerian Navy
Dateline Energy Services (DES), a Nigerian oilfield services provider (OSP), has agreed to build an LPG barge for the Nigerian Navy in order to facilitate inland fuel deliveries.
Nigeria’s Dangote refinery to operate at 370,000 bpd in October
Nigeria’s Dangote refinery is set to receive its first shipment of crude in the next two weeks, and will aim to produce around 370,000 barrels per day of diesel and jet fuel from the beginning of October, according to a senior company executive.
NNPCL, Indorama sign $7bn deal for gas supply
The Nigerian National Petroleum Company Ltd (NNPCL) has signed a $7bn gas supply memorandum of understanding with Indorama Eleme Petrochemicals Ltd (IEPL), furthering commitments to advance the use of natural gas by large-scale industries.
NNPCL announces management shakeup
Nigeria’s national oil company has initiated a shakeup in its management ranks by ordering some mandatory retirements and appointing several new executive vice presidents.
Global diesel shortage pushes prices over $1,000 per tonne
Oil refineries worldwide are grappling with challenges in meeting the demand for diesel, a crucial fuel that powers various sectors of the global economy, Bloomberg reported on September 19.
EBRD provides €75mn loan to Turkey’s SASA Polyester
Kenyan official stands by predictions of further increases in fuel prices
Kenya’s Trade and Investments Cabinet Secretary Moses Kuria says he stands by his earlier prediction that petroleum product prices are likely to continue rising through February 2024.
Nigerian Air Force touts success of air raids on illegal refining sites
Following the destruction of dozens of illegal refining sites over the last two months, the Nigerian Air Force is describing the air component of Operation Delta Safe, an initiative designed to curb crude oil theft, as successful.
AfrOil: Subtropical Storm Daniel shuts down four oil terminals in Libya
DMEA: Glencrown organising risk assessment conference to curb oil theft in Nigeria
Iran seizes two oil and gas tug boats in Persian Gulf
Iran’s Islamic Revolutionary Guard Corps (IRGC) naval forces in the Persian Gulf region apprehended two oil and gas “tankers” in the Persian Gulf under supposed anti-smuggling operations, IRNA reported on September 15.
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