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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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Baghdad approves budget amendment to compensate KRG
Iraq has approved a proposal at covering KRG oil production and transportation expenses from sovereign expenditures
DMEA: Lootah Biofuels to collaborate with SAVICO Group
AI takes centre stage at ADIPEC
The conference, where almost 200,000 participants gathered, featured a series of sessions dedicated to the technology, as well as a special AI zone, where various AI-related energy solutions and initiatives were presented.
Planned blackouts strike Iran amid gas shortage at power plants
Iran was plunged into darkness as the government introduced “limited” power outages nationwide from November 10 due to a gas shortage that affected electricity generation at thermal power plants (TPPs).
Iran bans mazut burning at power plants amid gas, electricity shortage
The Iranian government has banned the use of liquid fuel for electricity generation at three key thermal power plants (TPPs) as concerns about winter power cuts mount.
Aliko Dangote files lawsuit against NMDPRA and NNPCL
CEO of Dangote Group and owner of Nigeria’s 650,000 barrels per day Dangote Refinery Aliko Dangote is currently fighting against ongoing opposition to his $20bn investment within the country’s oil sector.
Lootah Biofuels to collaborate with SAVICO Group
The UAE’s Lootah Biofuels has revealed that it is currently in talks with Vietnamese renewable energy company SAVICO Group, focusing on strengthening bilateral cooperation and achieving sustainable development in Vietnam and the UAE.
Bapco modernisation plan set to reach milestone in 60 days
Bahrain’s Bapco Energies is set to reach a notable milestone as part of its Bapco Modernisation Programme (BMP) – a policy that aims to increase Bapco Refining’s capacity from 267,000 barrels per day (bpd) to 400,000 bpd.
Oman’s OQBI lists 49% stake on local stock exchange
Oman’s only integrated producer of methanol, ammonia, and LPG OQ Base Industries (OQBI), has revealed plans to list a 49% stake on the local stock exchange.
SABIC CEO expects sales to grow following completion of new plants
CEO of Saudi Basic Industries Co. (SABIC) Abdulrahman Al-Fageeh has said that the company’s sales are expected to grow once the Fujian Petrochemical Complex in China and a Methyl tert-butyl ether (MTBE) plant in Jubail are completed.
Trump wins the election but US oil supply unlikely to rise, says analyst
Ex-president Donald Trump may have won the US election, but the country’s oil supply is unlikely to increase. This is according to Anne-Sophie Corbeau, BP’s former head of gas analysis in an interview on the eve of the vote.
Energy industry must drive sustainable socio-economic growth: ADIPEC
The global energy industry must drive the next phase of sustainable socio-economic growth, UAE Industry Minister and CEO of the country’s national oil company ADNOC, Sultan Ahmed Al Jaber, said at the ADIPEC conference in Abu Dhabi on November 4.
Liquid fuel burning on the rise in Iranian power plants amid gas shortage
Supply of mazut (heavy fuel oil) to Iranian thermal power plants (TPPs) saw a jump of 80% last month due to a growing gas shortage ahead of the winter, the chief executive of Iran’s state fuel distributor said.
Iran imports 8.5mn litres of petrol amid lingering shortfall
Iran’s state-run fuel distributor is importing more than 8.5mn litres of petrol daily to offset the shortage, the company’s CEO said.
Iranian MP accuses government of ‘lying’ over possible petrol price hike
An Iranian lawmaker accused the government of “lying” to the public by claiming it had no plans to hike petrol prices next year starting on March 21, 2025.
Global oil supply to see major glut next year: World Bank
Global commodity prices are on track to slump to a five-year low next year, with an oil glut emerging so large that it will largely negate the impact of the Israel-Palestine war escalating into a regional Middle Eastern conflict.
Iraq signs gas field development deal with Chinese firm for 300 mmscfd capacity
Iraq signed a contract on October 31 with a Chinese consortium to develop the Mansuriya gas field in Diyala province, targeting production of 300mn standard cubic feet per day
Dangote struggles to keep up with supply commitment
Nigeria’s 650,000 barrels per day (bpd) Dangote Refinery has shipped its first cargo of gasoline on ship bound for Lagos, according to ship tracking data released by Bloomberg.
Ghana seeks petroleum imports from Nigeria's Dangote refinery to bolster energy security
Ghana is in talks to import refined petroleum products from Nigeria’s Dangote Refinery as part of a broader strategy to enhance energy security and deepen economic ties with West African neighbours.
MP exposes oil theft ongoing at Iranian refinery ‘for years’
Iranian lawmaker Malek Shariati blew the whistle on a brazen oil theft on a television programme from a refinery in Iran.
Aramco, Petrovietnam sign collaboration framework agreement
Saudi Aramco has signed a Collaboration Framework Agreement (CFA) with Vietnam Oil and Gas Group (Petrovietnam), laying the groundwork for future cooperation between the two companies.
Multiple groups call on Nigerian government to investigate corruption in the NNPCL
Energy Reforms Advocates (ERA) and All Progressives Congress Youth Vanguard for Change (APCYVC) have called on the Nigerian government to investigate the Nigerian National Petroleum Co. Ltd. (NNPCL) over its failure to rehabilitate refineries.

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