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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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Ghana’s National Petroleum Authority combats high LPG prices
Ghana’s National Petroleum Authority (NPA) has introduced various strategies to combat high liquefied petroleum gas (LPG) prices in the country.
Temporary malfunctions occur at Al-Ahmadi refinery
A defect that has led to the blockage of a sulphur line and oil leakage into the sea has been discovered at Kuwait’s 346,000 barrel per day (bpd) Mina Al-Ahmadi refinery, with the issues causing a leak in the main seawater line used for cooling.
97 petrochemical facilities operational in Iran
Head of Iran’s National Petrochemical Company (NPC) Morteza Shahmirzaei has said that 97 petrochemical complexes are currently operating across Iran, adding that the country’s petrochemical industry had grown significantly.
Saudi Arabia and China set to increase cooperation on energy transition
China is currently an important partner to Saudi Basic Industries Co. (SABIC) in the energy transition and sustainable development, according to SABIC CEO Abdulrahman Al Fageeh – who spoke at the Boao Forum for Asia Riyadh Conference this month.
PetroSA deal with Gazprom to revive South Africa’s dormant refinery moves to feasibility study stage
Port Harcourt refinery to restart operations by the end of July
Nigeria’s Port Harcourt refinery is anticipated to restart operations by the end of July following five years of repair work.
Seplat inaugurates ANOH gas processing plant
Seplat Energy has inaugurated the ANOH gas processing plant, a facility with the capacity to generate electricity for 5mn Nigerians.
Turkey simply relabels Russian oil products and exports them to Europe, research indicates
Country appears to have quite brazenly emerged as a strategic pitstop for fuel products from Russia rerouted to the EU.
Rotterdam Foundation signs MoU for green economy projects in Egypt’s Suez Canal Economic Zone
Iran poised to jack up Euro 5 fuel output
Iran is set to ramp up high-quality fuel production by launching eco-friendly projects in its leading refineries.
Border dispute affects Niger-Benin pipeline
Benin has shut off all Nigerien oil exports following a border dispute with its neighbour.
Anticipation builds ahead of decisive OPEC+ meeting
Speculation is rife as the group prepares to decide whether or not it should stick to the current 2.2mn bpd of cuts
Tupras set to produce SAF at Izmir refinery
Turkish oil refining company Tupras has revealed that it is making progress towards starting production of sustainable aviation fuel at its Izmir refinery in Turkey.
Iran plans 15 new petrochemical projects
Nigerian fuel subsidies will impact oil revenue in 2024 – IMF
Nigeria’s decision to reinstate fuel subsidies is likely to drain around half of the country’s oil revenue in 2024, according to a statement released by the International Monetary Fund (IMF) on May 9.
$19bn worth of opportunities await investors in Iranian refining Industry
The National Iranian Oil Refining and Distribution Co. announced $19bn worth of investment opportunities up for grabs in Iran’s refining sector.
Naturgy says gas supply contracts with Algeria unaffected by shareholding sales
Spanish natural gas firm Naturgy said supply contracts with Algeria include no clauses that would be affected by changes to its shareholding structure, amid talks with Abu Dhabi energy firm TAQA of a potential full takeover of Naturgy.
Jordan seeks resumption and renewal of Iraqi crude supply
Iraqi oil exports to Jordan were unexpectedly halted on April 22, amid political pressure from Iraqi MPs.
Iran engages more local knowledge-based firms in oil industry with new deals
The Iranian Oil Ministry and the scientific division of the presidential office have signed a string of deals worth $1.1bn with local knowledge-based companies to manufacture equipment needed by the petroleum industry.
UAE oil giant’s refining capacity soars, boosting crude exports
The United Arab Emirates’ largest oil company has ramped up the exports of its top-notch Murban crude oil after upgrading a major refinery.
Waltersmith plans oil terminal for fuel oil exports
Waltersmith Petroman Oil Ltd. has said that it plans to construct a new oil terminal to export fuel oil produced at its refinery in Imo State.
ADNOC leaves talks to buy stake in Braskem
The Abu Dhabi National Oil Company (ADNOC) has quit talks to purchase a stake in Brazilian petrochemical company Braskem from controlling company Novonor, according to a Braskem statement released May 6.
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