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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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Jordan seeking to renew Iraqi crude supply deal
Jordanian Minister of Energy and Mineral Resources Saleh Kharbsheh was quoted by state media this week as saying that negotiations are underway with Iraq to renew a memorandum of understanding for crude supplies.
Sri Lanka pays off $60nm of oil debt to Iran with tea exports
Cash-strapped Sri Lanka has cleared $60nm of its $251 debt to Iran for oil purchases through exporting tea to the Middle Eastern nation.
The world needs $8.2 trillion in upstream gas investment to meet demand in 2050: GECF
Meeting projected global demand for natural gas in 2050 will require some $8.2 trillion in investment in exploration and production.
Glencore's South African unit Astron Energy finalising work to restart 100,000 bpd refinery
Astron Energy (Astron), owned by global commodities giant Glencore, has committed to restarting its oil refinery in South Africa.
Nigeria's NUPRC reaches oil supply deal, ending dispute with producers
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has reached a deal with oil producers to allow the sale of crude oil to local refineries at market prices.
SABIC Agri-Nutrients to construct blue ammonia plant in Jubail
SABIC Agi-Nutrients is on the cusp of constructing a brand-new blue ammonia plant
Israeli Ministry clears Leviathan for increase in gas exports
Israel’s Energy Minister Elie Cohen has given approval to the partners in the offshore Leviathan gas field to boost exports.
Security firm claims 90% of Nigerian diesel supplied by illegal refineries
A Nigerian private security service has alleged that more than 90% of the country’s diesel is supplied by illegal refineries operating in the Delta region.
NPA CEO says Cylinder Recirculation Model creates jobs and opportunities
The CEO of Ghana’s National Petroleum Authority (NPA) Mustapha Abdul-Hamid said on July 7 that the country’s Cylinder Recirculation Model (CRM) has allowed entrepreneurs to invest in the liquefied petroleum gas (LPG) distribution chain.
NNPCL to construct 100 CNG, 3 LNG stations by 2025
The Nigerian National Petroleum Co. Ltd. (NNPCL) has said that it is planning to construct 100 new Compressed Natural Gas (CNG) and three Liquefied Natural Gas (LNG) stations by 2025.
Iran exported 500 tonnes of petchem catalysts to Russia last year
Iran exported 500 tonnes of catalysts used in the petrochemical industry to Russia last Persian calendar year that ended on March 19, Deputy Oil Minister for Petrochemicals Morteza Shahmirzaei said.
ADNOC signs $3bn green financing deal with JBIC
Abu Dhabi National Oil Company has signed a $3bn green financing facility deal with Japan Bank for International Cooperation.
Kenya imposes fresh barrier to Uganda's direct fuel import scheme by hiking bond fee for imports
Kenya has introduced a significant hurdle to Uganda’s direct fuel import scheme by raising the bond fee for imported consignments destined for Kampala to $45mn.
Nigeria again suffering petrol shortages, long pump queues amid NNPCL's $6bn payment backlog
Long lines have reappeared at petrol stations throughout Nigeria, sparking worries about fuel shortages in Africa's largest economy.
LPG operators in Ghana challenge regulator’s cylinder circulation model with new ad campaign
Port Harcourt, Warri, Kaduna refineries expected to begin operations this year
Nigeria is close to completing rehabilitation works on its moribund refineries
Investors consider selling stake in ADNOC Gas Pipeline assets
GIP and Snam are considering selling their shares in ADNOC Gas Pipelines
KPC purchases 50% stake in Ecofox
Kuwait Petroleum Corp.’s (KPC) international subsidiary Kuwait Petroleum International (KPI) has acquired a 50% stake in Italian biofuels manufacturer Ecofox (a subsidiary of Fox Petroli) as of last week, in line with KPC’s Energy Transition 2050.
Iraqi Oil Minister signals progress Kurdistan oil talks
Iraq's Oil Minister has said that talks are ongoing with the KRG to resume oil exports
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