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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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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,
Aramco launches DAC plant, buys blue H2 business
Aramco has introduced the kingdom's inaugural direct air capture facility for CO2 as part of its growing commitment to climate technology
Iraq’s oil capacity talks spark tensions with Kurdistan
Iraq’s Ministry of Oil has reiterated ambitious plans to raise national oil production to over 6mn bpd by 2029.
Nigerian modular refineries operating at 20% capacity
Numerous modular refineries are still waiting for crude supplies following promises by the Nigerian National Petroleum Company Ltd (NNPCL) to lend support as part of the country’s plan to develop domestic refining capacity.
Libya's central bank warns sharp disparity between foreign currency sales, oil income threatens stability
Nigeria inaugurates first modular LPG plant, 20-MW gas-to-power project
The Nigerian government has inaugurated the country’s first modular liquefied petroleum gas extraction plant and a 20-MW gas-to-power project at the Otakikpo field in Rivers State.
Nigeria declares state of emergency following pipeline explosions during unrest in Rivers State
Nigeria’s President Bola Tinubu on March 18 declared a state of emergency in Rivers State following explosions at two oil pipelines.
Nigerian association IPMAN denies opposing petrol price drop by Dangote, NNPCL
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted claims that it stood against plans by 650,000 barrels per day (bpd) Dangote Refinery and the Nigerian National Petroleum Co. Ltd. (NNPCL) to cut petrol prices.
Borouge offers buybacks after drop in share price
Dangote set to overturn Nigerian polypropylene market
650,000 barrels per day (bpd) Dangote Refinery has begun the production of polypropylene in a move that threatens to overturn the domestic market – according to S&P Global Commodity Insights.
CNG stations in Iran on brink as maintenance neglect takes its toll
A union leader has warned that nearly half of Iran’s state-run CNG filling stations are on the verge of shutting down due to poor maintenance and lack of investment.
Dangote refinery in Nigeria begins polypropylene production
Since its commissioning in January 2024, the refinery has gradually expanded operations, producing various petroleum products, including diesel and aviation fuel.
Red Sea tensions escalate as US and Houthis launch attacks
The US and Yemen’s Houthi rebels have launched fresh attacks amid growing concerns over the safety of Red Sea shipping routes.
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