The 650,000 bpd refinery backed by Aliko Dangote, Africa’s richest man, is moving more assuredly towards completion and its commissioning is expected to take place in the first quarter of 2020....
Senior executives from Dubai government-owned Emirates National Oil Co. (ENOC) in October revealed plans for expansion along the oil and gas value chain – as completion neared of the firm’s...
Slow-moving efforts by Algiers to develop the local refining and petrochemical sectors took two steps forward in late October.
Feasibility studies were completed on the petrochemicals complex planned at the nascent downstream hub at Duqm on Oman’s central coast, while the delayed financing of the adjacent refinery is...
Having for years exported gas in liquefied form, despite facing growing domestic shortages, Abu Dhabi and Oman are now making progress on plans to better align use of the resource with evolving...
China’s Sinopec appeared to have been pipped to the post in mid-September in the race to acquire the South African downstream business of the US’ Chevron.
Abu Dhabi National Oil Co. (ADNOC) in early September announced two landmarks in an intensifying drive to expand and integrate downstream operations at the burgeoning Ruwais hub in the emirate’s...
Abu Dhabi National Oil Co. (ADNOC) is reported to be in discussions with several potential international buyers of a minority stake in the sprawling conglomerate’s refining business – maintaining...
News emerged on two fronts in August relating to government-owned Saudi Aramco’s drive into the refining sectors of major South East Asian nations.
Germany energy firm EWE is considering selling its Turkish gas subsidiaries.
Saudi Aramco provided yet another indication of the company’s burgeoning petrochemicals ambitions in early August. The move supersedes the founding terms of a landmark European speciality...
Niger and Nigeria have signed a memorandum of understanding (MoU) for the collaborative development of a refinery and an oil pipeline between the two countries.
Saudi Aramco is seeking to acquire a majority stake in Saudi Basic Industries Corp. (SABIC), a move that would likely have an impact on the state oil firm’s timing for an initial public offering (...
Oman Trading International (OTI) has signed a deal with Hass Petroleum Group for the exclusive distribution of the former’s key brands of lubricants to be in Kenya.
Israel’s Delek Drilling and US explorer Noble Energy are planning to purchase a 37% share of East Mediterranean Gas Co. (EMG), which owns an offshore gas pipeline running between Al Arish in Egypt...
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