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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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Iraq says no major obstacles stand in the way of export resumption
Iraq’s Ministry of Oil claims there are now only minor technical issues to resolve before Kurdish oil exports can resume via the Iraq-Turkey pipeline
Iran forced to import 16mn litres of fuel daily as demand surges
Iran is being forced to lean on costly vehicle fuel imports to make up for a widening supply gap in petrol and diesel, as domestic production continues to fall short of demand.
Ghana’s central bank to auction $120mn to oil distributors in Q2 2025
Ghana’s central bank will auction $120mn to Bulk Oil Distribution Companies (BDCs) in the second quarter of 2025, matching the volume sold during the first quarter, in a bid to stabilise forex supply for energy imports.
Israel reignites talk of Saudi-Med pipeline
Israel's Energy Minister has unveiled plans to collaborate with the US on multiple initiatives in the energy sector.
Iran’s petrol use during Nowruz holidays surges, sets new record
Iranians burned through over 2.8bn litres of petrol during the 21-day Nowruz holidays, posting a 9% rise in consumption compared to last year, the country’s state-run fuel distributor said.
Kenya scraps KPC out of LPG project, awards contract to Nigerian firm
Kenya’s Ministry of Energy and Petroleum has scrapped a plan by state-owned Kenya Pipeline Co. to develop a 30,000-tonne liquefied petroleum gas storage facility in Mombasa, instead awarding the project to Asharami Synergy.
65% of Nigerian tank farms lie dormant following removal of fuel subsidies
70 Nigerian tank farms have been forced to halt operations in the past two years following President Bola Tinubu’s announcement halting fuel subsidies.
Nigeria’s Dangote refinery buys Brazilian crude amid supply shortfalls
Nigeria’s Dangote refinery has purchased crude oil from Equatorial Guinea and Brazil as domestic suppliers become increasingly unreliable.
Oil prices surge on Trump threat to slap tariffs on Russian oil
Should tariffs come into force, Russian flows to its key customers could drop, tightening supply and potentially prompting OPEC+ to act to stabilise the market, according to Rystad.
Nigerian petrol prices increase as naira-for-crude talks stall
Nigerian petrol prices have continued to rise as the country’s downstream oil and gas sector awaits a decision from the federal government on whether to continue the naira-for-crude deal.
Nigerian Navy tackles crude theft in Delta State
The Nigerian Navy has increased its efforts in fighting crude theft and pipeline vandalism, locating and deactivating three illegal refining sites last week in Oteghele, Delta State.
Saudi Arabia’s SABIC CEO speaks on China plans
Ghana advances gas infrastructure with second processing plant approval
Ghana’s cabinet has approved plans to develop a second gas processing plant, a move aimed at maximising the country’s 2.1 trillion cubic feet of gas reserves to support electrification and industrialisation.
Uganda signs agreement with UAE company for oil refinery stake
Uganda has entered into an agreement with UAE-based Alpha MBM Investments to acquire a 60% stake in the Kabale refinery, located in the country's Hoima region.
South Africa’s Democratic Alliance demands clarification over Gazprombank’s withdrawal from PetroSA deal
South Africa’s Democratic Alliance party has called on Mineral and Petroleum Resources Minister Gwede Mantashe and PetroSA to explain the collapse of the Gazprombank deal to revive PetroSA’s Mossel Bay gas-to-liquid refinery.
South African legislators deem strategic fuel reserves “insufficient” to address potential major supply disruptions
Members of South Africa’s Portfolio Committee on Mineral and Petroleum Resources have expressed concern over the limited availability of the country’s strategic crude oil reserves.
Multiple explosions occur at oil facility in Rivers State, Nigeria
An oil facility in River State has suffered multiple explosions, putting Nigeria’s refineries and oil sector in a more precarious position.
Egyptian energy company Petrojet completes $1.5bn oil projects in 2024
Egyptian energy company Petrojet completed 265 projects in 2024 with a business volume exceeding EGP 80bn ($1.58bn).
Astron Energy to invest $328mn to meet South Africa's clean fuels specifications by 2027
Swiss commodity trader Glencore's South African subsidiary, Astron Energy (Astron), has committed to investing $328mn towards meeting a 2027 deadline for the supply of cleaner fuel in the continent's most industrialised nation.
Panic buying begins in Nigeria as naira-for-crude initiative ends
The Nigerian government’s cancellation of the naira-for-crude initiative has led to the beginnings of a fuel crisis, with retailers hoarding fuel to guarantee they have enough to sell at a higher rate – according to Business Insider Africa.
SNPC presents Gas Master Plan at Congo Energy & Investment Forum in Brazzaville
The Republic of Congo’s national oil company SNPC has outlined its forthcoming Gas Master Plan (GMP) designed to serve as a roadmap to developing the country’s gas resources for domestic and export markets.
South African lawmakers visit Astron refinery amid fuel supply concerns
South African lawmakers conducted an oversight visit to the country’s Strategic Fuel Fund (SFF) in Saldanha and the Astron Energy Refinery in Milnerton on March 25-56, as the country grapples with an acute fuel shortage.
Delays at Hyundai-Aramco shipbuilding projects
Construction delays have plagued the ambitious shipbuilding projects jointly undertaken by HD Hyundai and Saudi Aramco
US jet fuel imports reach two-year high amid surge from Nigeria's Dangote refinery
Jet fuel imports into the United States rose to their highest level in two years in March, following a sharp increase in shipments from Nigeria’s Dangote refinery,
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