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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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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
Nigerian president’s oil sector reforms crucial for overcoming gas supply issues, says NLNG executive
Nigerian President Bola Tinubu's recent oil sector reforms are vital for overcoming significant gas supply challenges threatening Nigeria LNG Limited’s (NLNG) $4.3bn Train 7 project, a company executive has said.
Egyptian fertiliser industry temporarily fuelled by hydrogen amid natural gas shortages
Numerous manufacturers in the Egyptian fertiliser industry including Mopco, Sidi Kerir Petrochemicals and KIMA announced that they would be stopping production this week due to an acute shortage of natural gas in the country.
Fire occurs at Dangote refinery
Nigeria’s 650,000 barrel per day Dangote refinery suffered a fire on June 26, with a spokesperson for Dangote Industries Ltd, Anthony Chiejina, telling news outlet TheCable that the incident had taken place at the facility’s effluent treatment plant.
Venezuela's Pequiven signs $750mn ammonia plant deal with Turkey’s Yildirim Group
Venezuela's state-owned petrochemical firm, Pequiven, has signed a $750mn investment deal with Yildirim Group, the holding company of Turkish billionaire Robert Yuksel Yildirim, to construct an ammonia plant in eastern Venezuela.
Saudi confirms contract awards for gas expansion
The Energy Minister and NOC of Saudi Arabia have confirmed a batch of contracts designed to drive the Kingdom’s gas expansion.
DMEA: Kenya set to increase LPG consumption
Limited fire breaks out at Kuwait's al-Zour refinery, production unaffected
The state-owned Kuwait Integrated Petroleum Industries Company (KIPIC) reported a minor fire incident at a storage facility within the al-Zour refinery on June 29.
Iran removes subsidies, inaugurates 17 new oil, petchem and refining projects
Iran continues to make progress under the thumb of sanctions, however, certain issues are beginning to show some cracks in the system.
IPMAN shuts petrol stations in protest
The Independent Petroleum Marketers Association of Nigeria (IPMAN) said on June 24 that it had closed around 1,800 petrol stations across Nigeria’s northeast in protest over the conduct of an anti-smuggling operation.
QatarEnergy, ENEOS Corp. sign naphtha supply agreement
QatarEnergy has entered a 10-year naphtha supply agreement with a Japanese refining and petrochemicals company, ENEOS Co. The deal will see QatarEnergy supply around 9mn tonnes of the commodity from July onwards.
Port Harcourt, Warri refineries conclude test runs, begin preliminary production
The Nigerian National Petroleum Co. Ltd (NNPCL) has announced that Nigeria’s long-struggling Port Harcourt and Warri refineries have begun the preliminary production of petroleum products following successful conclusion of test runs.
Fossil fuel use reaches global high
A new report finds that fossil fuel energy use rose to a record high in 2023, despite efforts to combat climate change.
Kenya set to increase LPG consumption
The Kenyan government has announced plans to increase the country’s liquefied petroleum gas (LPG) use from 6.5kg per capita to 15kg per capita by 2027.
Iran commissions 17 petroleum projects to earn $2bn annually
The Iranian Oil Ministry went on a launching spree on June 24 to bring online 17 major petroleum projects nationwide several weeks before the term of the current government comes to an end.
ENEOS the latest to sign up Qatari naphtha supplies
ENEOS has signed a long-term deal for naphtha supply offtake from QatarEnergy.
Iran has to import $2bn worth of petrol this year, MP says
An Iranian lawmaker has warned of a deepening energy shortage in Iran, flagging up the fact that the country would need to shell out $2bn for petrol imports this year.
Nigeria's petrol prices skyrocket by 223% in a year
Ghana’s cylinder recirculation model picks up speed
Ghana’s Cylinder Recirculation Model is expanding across the country, with LPG cylinders on their way to new designated exchange centres
QatarEnergy enters strategic agreement with Haldia
Indian petrochemicals company Haldia Petrochemicals Ltd has said that it has entered into a strategic agreement with QatarEnergy in a bid to maintain a reliable supply of naphtha.
Niger halts oil exports through Benin
Niger has shut off a 1,200-mile oil pipeline operated by the China National Petroleum Corp. used to transport crude through a port in Benin, according to comments made by Niger’s Oil Minister Mahaman Moustapha Barke Bako on June 13.
NNPCL signs agreement for deployment of FLNG facility
The Nigerian National Petroleum Co. Ltd (NNPCL) and Bermuda-based Golar LNG have signed a project development agreement for the deployment of a floating liquefied natural gas facility in Nigeria.
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