DMEA Top Story archive

14 February 2017, Week 06, Issue 343

Baghdad signed a deal in late January with a consortium of Chinese investors to develop a world-scale refining and petrochemical complex in the south of the country.

07 February 2017, Week 05, Issue 342

Saudi Basic Industries Corp. (SABIC) recorded a small growth in annual profits in 2017, despite a fourth-quarter dip, according to results released in late January.

31 January 2017, Week 04, Issue 341

Sovereigns across the Gulf have spent January preparing with varying degrees of urgency to meet the year’s external funding requirements. This is budgeted to run to tens of billions of dollars,...

24 January 2017, Week 03, Issue 340

Plans were revealed in late December for a major expansion at a Jubail-based subsidiary of state-owned petrochemicals behemoth Saudi Basic Industries Corp. (SABIC). The Saudi firm awarded the main...

17 January 2017, Week 02, Issue 339

Zambian authorities are looking for an investor in the Indeni Oil Refinery to support future enhancement of the plant.

10 January 2017, Week 01, Issue 338

The dramatic recovery of Libya’s oil production sector was one of 2017’s most notable developments. The years of debilitating civil conflict following the Muammar Ghadaffi era had destroyed the...

20 December 2017, Week 50, Issue 337

Hopes for a second major private refinery project in Nigeria rose in early December.

13 December 2017, Week 49, Issue 336

State-owned Bahrain Petroleum Co. (BAPCO) has awarded the main contract on the flagship project to expand and upgrade the kingdom’s refinery.

06 December 2017, Week 48, Issue 335

Kenya Pipeline Co. (KPC) will complete the construction of US$53 million worth of new fuel storage tanks in Nairobi in December 2017 to receive high volumes of products from the port of Mombasa....

29 November 2017, Week 47, Issue 334

Abu Dhabi National Oil Co. (ADNOC) launched the highly anticipated initial public offering (IPO) of a minority stake in its distribution and retail arm in late November – the latest departure in...

22 November 2017, Week 46, Issue 333

Uganda and Tanzania last week marked their commitment to the East Africa Crude Oil Pipeline (EACOP) with an inauguration ceremony in the town of Hoima, near Lake Albert, where the conduit will...

15 November 2017, Week 45, Issue 332

A recent uptick in activity surrounding Morocco’s multi-billion dollar flagship gas-to-power (GTP) project was maintained in early November with the belated award of a contract to advise on LNG...

09 November 2017, Week 44, Issue 331

A Chinese state contractor announced in late October that it had been awarded the main package on a planned refinery at the Suez port of Ain Sokhna. The project has been on the Egyptian government...

02 November 2017, Week 43, Issue 330

A wave of downstream expansion in Oman initiated at the start of the decade began coming to fruition early in the fourth quarter.

26 October 2017, Week 42, Issue 329

Cairo’s international funding plans over the remainder of the fiscal year became clearer in late September and early October.