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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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Nigeria's Dangote refinery to more than double capacity to 1.4mn bpd within three years, says CEO
Dangote Petroleum Refinery plans to more than double capacity to 1.4mn bpd within three years, with CEO David Bird saying the expansion will use a “roofless replication” model to fast-track procurement and construction.
SABIC avoids $4bn in future losses with decision to divest from assets outside of Saudi Arabia
Saudi Basic Industries Corporation (SABIC) has said that its decision to divest from numerous assets outside Saudi Arabia has helped stem the potential loss of $4bn in the future.
Nigeria’s petrol price war continues into 2026
Nigeria’s petrol price war has continued into 2026 with local retail outlets opting to drop the price of petrol below the N739 ($0.52) recommended by the country’s 650,000 barrels per day (bpd) Dangote refinery.
COMMENT: Instability in Iran bigger threat to global oil markets than Venezuela
The mass demonstrations rocking Iran presents a far more serious risk to global oil markets than the US decapitation of Venezuela, according to note by Kieran Tompkins, Senior Climate and Commodities Economist at Capital Economics.
Niger revokes tanker licences amid Mali fuel blockade by jihadists
Niger has revoked the licences of 33 fuel transport operators and drivers after they refused to deliver petrol to neighbouring Mali, where jihadist attacks on tanker convoys have intensified
Nigeria’s fuel imports fell 54% over two years as Dangote refinery reshaped market, CBN data show
Nigeria’s spending on refined fuel imports fell 54% to $6.71bn in the first nine months of 2025, according to Central Bank data, as subsidy removal and rising domestic refining – led by the Dangote refinery – begin to curb forex outflows.
Nigeria's Dangote Refinery halts petrol imports as supply stabilises, marketers say
Petrol imports into Nigeria have ceased as domestic supply from the Dangote Refinery is now meeting demand, oil marketers said.
Nigeria’s Eterna Plc launches $14.3mn rights issue to fund downstream expansion
Nigeria’s Eterna Plc (NGX:ETERNA) has launched a $14.3mn rights issue to fund retail network expansion, LPG assets and lubricant plant upgrades as fuel market deregulation reshapes the downstream sector.
Iranian firm claims breakthrough in petrochemical technology, IRGC cyber unit reports
Iranian firm claims breakthrough in petrochemical separation technology according to IRGC cyber unit, though claims could not be independently verified and timing raises questions about credibility.
Nigeria LNG accelerates completion of $10bn Train 7 project
Nigeria LNG Limited is intensifying efforts to complete its $10bn Train 7 expansion on Bonny Island
Nigerian billionaire Dangote withdraws petition against ex-NMDPRA chief as ICPC probes continue
Aliko Dangote has withdrawn his petition against former Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Chief Executive Officer Ahmed Farouk
Nigeria: Afreximbank provides $64mn facility to Levene Energy for Axxela stake
Afreximbank has provided a $64mn acquisition finance facility to Levene to support its purchase of a 30% stake in Axxela Limited, marking the trader’s entry into Nigeria’s regulated midstream & downstream gas infrastructure market.
Nigeria’s oil regulators move to end overlaps as NUPRC, NMDPRA deepen coordination
Nigeria’s oil regulators NUPRC (upstream) and NMDPRA (midstream/downstream) have agreed to bolster coordination to resolve regulatory overlaps, as part of efforts to improve governance, attract investment under the Petroleum Industry Act framework.
Nigeria’s Dangote refinery tackles shutdown rumours
Nigeria’s 650,000 barrels per day (bpd) Dangote refinery released a statement on January 5 that production was ongoing, and that routine maintenance would not have an impact on output.
EACOP set to be finished this year as construction nears end
The East African Crude Oil Pipeline (EACOP) project is set to be completed by July 2026 after years of difficulties.
Saudi's Sabic sells US and European assets for $949mn
Saudi petrochemical giant Sabic divests engineering thermoplastics assets in US, Europe and Latin America for $949mn to prioritise high-growth markets and improve capital returns.
Ghana’s Tema refinery restarts operations after years of delay
Ghana’s Tema refinery restarted operations on December 29, bringing it back online after lying dormant for five years, according to Argus Media.
Aramco, Luberef set to build base oil plant in Saudi Arabia
Saudi Aramco and Saudi Aramco Base Oil Co. (Luberef) have signed a Memorandum of Understanding (MoU) to explore the possibility of constructing a base oil plant at Jazan refinery.
Uganda, Tanzania say first crude exports via EACOP will start in October 2026
Energy ministers from Uganda and Tanzania have announced that the first exports of crude oil from Uganda’s oilfields via the East African Crude Oil Pipeline (EACOP) will take place in October 2026.
South Africa’s RMB backs $285mn BlueCore deal to boost Nigerian gas infrastructure
RMB closed the financing for BlueCore InfraCo to acquire Glover Gas & Power B.V., the sole owner of Axxela, one of Nigeria’s largest private gas and power distribution platforms.
Nexus Alliance denies link to Nigeria’s proposed oil pipeline rehabilitation deal
Nexus Alliance has denied claims that it is involved in a proposed $2bn pipeline rehabilitation deal with Nigeria’s state oil company, distancing itself from recent media reports linking it to the financing discussions.
Kenya Pipeline Company set for Nairobi listing in January, President Ruto confirms
Kenya’s President William Ruto has confirmed that the Kenya Pipeline Company will begin trading on the Nairobi Securities Exchange in January.
Nigeria’s NNPCL subsidiaries’ debt surges 70% to $21.12bn in 2024 amid reforms
Inter-company debts within Nigerian National Petroleum Company Limited (NNPCL) rose by 70.4% to NGN30.3 trillion ($21.12bn) in 2024
Iran’s Aryasasol targets flaring cuts to recover ethylene, ethane
Iran’s state-owned Aryasasol Polymer Co. is implementing a programme to shut down six flare stacks annually, a move expected to save about $408,000 a year by recovering ethylene and ethane gases that are currently burned off, its CEO said.
Iran restarts unit at Fajr Jam gas refinery damaged in June Israeli attack
A unit at Iran’s Fajr Jam gas refinery in the southern province of Bushehr has restarted operations after repairs, months after the facility was hit during Israel’s June aggression.
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