DMEA - Downstream Middle East & Africa
Aramco considers petrochemical JV with Rongsheng
Saudi Arabia continues to expand its downstream presence in China, partnering with local refiners in the process.
Iranian energy companies set to cooperate with African countries
Reza Noshadi, managing director of the Iranian Gas Engineering and Development Company (IGEDC), said on April 28 that the IGEDC and its 250 subsidiaries could meet the needs of African countries in various fields.
NNPCL sued over missing oil revenue
A local independent accountability watchdog, the Socioeconomic Rights and Accountability Project (SERAP), has taken the NNPCL to court, claiming the company has failed to remit billions worth of oil income to the state.
Gasoline shortages persist in Nigeria
Gasoline shortages have continued to plague major cities in Nigeria, causing rapid increases in prices since May 1 while worsening the country’s ongoing cost of living crisis.
SABIC aims for net zero by 2050
Saudi Arabia’s biggest chemical company Saudi Arabia Basic Industries Co. is moving to circular economy solutions in a bid to reach carbon neutrality by 2050
Bahrain courts investors for stake in A/B pipeline
Bahrain is actively seeking investors for an oil pipeline that channels crude from Saudi Arabia, aiming to capitalise on one of its prime energy assets.
Iran to produce petrol from methanol amid increasing fuel shortage
Iran plans to produce petrol out of methanol to tackle growing fuel shortage, Oil Minister Javad Owji said.
SABIC Fujian Petrochemicals signs agreement with KBR
Saudi Arabia Basic Industries Corporation Fujian Petrochemicals signed an agreement with US-based engineering company KBR on April 22, allowing it to utilise the company’s leading phenol technology in China.
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