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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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Iran evacuates oil tankers amid fears of Israeli strikes
Iran’s Oil Minister visited Kharg Island as concerns rise about possible Israeli retaliation
Shell signs 20-year naphtha offtake deal with QatarEnergy
QatarEnergy has signed a 20-year contract for the supply of naphtha to a Singapore-based trading subsidiary of Shell.
Sanctions not hindering Iran’s petchem exports, top official says
The caretaker of the National Iranian Petrochemical Co. (NIPC) said that US sanctions have failed to hamper the export of petrochemical products.
Jordan launches first CNG power generation plant
The facility provides electricity for the National Chlorine Industries Co. (NCIC) located in Muwaqqar. The gas used to fire the power station is produced at Jordan’s Risha field.
Fuelling is being further limited at Iranian petrol stations
Iran's state-run fuel distributor has capped off on motorists' use of subsidised petrol at filling stations with new restrictions amid surging fuel consumption.
DMEA: SABIC announces low-carbon product portfolio
IDF attacks Hodeidah, invades Lebanon
The Israel Defence Force (IDF) announced on September 30 that it had carried out strikes on “key military infrastructure” in the Ras Issa and Hodeidah regions in Yemen.
Government has no plan to hike petrol prices, Iranian minister says
Iranian Oil Minister Mohsen Paknejad ruled out any government plans to hike petrol prices.
NNPCL must focus on the rehabilitation of Port Harcourt, Warri, says Emeka Kalu
Emeka Charles Kalu, President of Nigerian humanitarian organisation Eck Foundation has advised the country’s government to focus on quickening the pace of rehabilitation efforts at 210,000 barrels per day (bpd) Port Harcourt refinery.
ENOC Group attends WETEX 2024
Emirates National Oil Co. (ENOC) has announced that it will be attending the 26th edition of the Water, Energy, Technology, and Environment Exhibition (WETEX).
SABIC announces low-carbon product portfolio
Saudi Basic Industries Co. (SABIC) announced on September 29 that it had launched its latest certified low-carbon product portfolio – an initiative designed to support the company’s customers and value chain in achieving sustainability goals.
State distributor to maximise fuel output ahead of Iran’s winter peak
The state-run fuel distributor said it was going all out to maximise petrol and diesel fuel production for the winter season.
NNPCL aims to increase Nigerian crude oil production
The Nigerian National Petroleum Co. Ltd.’s (NNPCL) Chief Corporate Communications Officer Olufemi Soneye has said that the company is “confident” it can raise crude oil production from 1.7mn barrels per day (bpd) to 3mn.
Fitch cuts Turkey’s Petkim to ‘CCC+’ on continuing weakness in European chemical market
Iranian petchem sector seeking loans from central bank to finance projects
The Iranian Association of Petrochemical Industry Co. (APIC) is seeking loans from the Central Bank of Iran (CBI) to fund petrochemical projects, the deputy chief of the union said.
Nigeria's NNPCL to supply crude oil in naira to Dangote Refinery starting October 1
The Nigerian National Petroleum Company Ltd (NNPCL) will begin supplying crude oil priced in naira to the Dangote Petroleum Refinery starting on October 1.
DMEA: Angola plans for 31% increase in LPG demand
SNPC to officially present Congo’s Gas Master Plan at AEW2024
Eskom-Sasol deal on LNG is not "national strategy" to avert South Africa gas shortage, says IGUA-SA
Iranian state fuel distributor rejects petrol imports claim
The National Iranian Oil Products Distribution Co, (NIOPDC), a subsidiary of the Oil Ministry, refuted a claim that it imported 30mn litres of petrol per day in September to make up for a fuel shortage during the holiday season.
Egyptian petchem industry continues to grow
Egyptian petrochemical projects are growing fast, and are likely to provide a significant boost for the country’s economy
Kuwait plans petrol price hike for expatriates, citizens exempt
Kuwait's government is preparing to raise petrol prices for expatriates in a move to align costs with global market rates.
Dangote Group to double urea production and expand chemical portfolio
Nigeria has emerged as a major exporter of urea, with over 3mn kilograms exported in 2023, generating more than $1bn from countries such as Brazil, the US and South Africa.
DR Congo constructs new oil terminal at Goma
The Democratic Republic of Congo (DRC) is pressing forward with the construction of a new oil terminal in Goma – located on the banks of Lake Kivu – in a bid to improve fuel supply in its Eastern region.
IPMAN meets with Dangote Refinery to discuss fuel purchases
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed that it will be discussing the purchase of petrol with 650,000 barrels per day (bpd) Dangote Refinery this week.
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