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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
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.

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