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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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Saudi ACWA, Azerbaijan's SOCAR sign joint venture agreement to develop hydrogen
Saudi Arabia's ACWA Power, a power and water desalination plant, has signed agreements with Azerbaijan's state oil company SOCAR to jointly develop renewable energy projects
Iran’s two major clubs officially sold to banks, petchem companies
Iran's Economy Minister Ehsan Khandouzi has confirmed the transfer of ownership of the country's top two football clubs, Persepolis and Esteghlal to the private sector to continue playing in the Asian football league.
US imposes new sanctions targeting Iran's petroleum and military capabilities
The United States has introduced a new set of stringent sanctions aimed at curtailing Iran's ability to finance and conduct destabilising activities, including terrorism and the development of weapons of mass destruction.
Nigerian petroleum regulator plans to bolster local crude refining
Nigeria, historically Africa’s largest crude oil exporter, relies heavily on imports to meet local energy needs. However, the government is trying to change that with plans to revive four moribund oil refineries and put them back in operation.
DMEA: Egypt detains LPG tanker after grounding
Niger to supply diesel to Mali national energy company
EACOP faces more legal challenges
Numerous groups from Uganda’s Albertine region engaged in a public demonstration on April 15, protesting “unjust” evictions and the lack of a fair, transparent judicial process for the East Africa Crude Oil Pipeline (EACOP).
Egypt detains LPG tanker after grounding
Egyptian authorities have detained a Liberian-registered gas carrier after the vessel grounded itself in an environmentally sensitive location in the Gulf of Aqaba.
Nigeria paying more for fuel subsidies
Kaduna State’s past governor Nasir El-Rufai has said that Nigeria’s Federal Government is paying more fuel subsidy now that it had been before while speaking to reporters on April 15.
KPC pushes for integration
CEO of the Kuwait Petroleum Corporation (KPC), Sheikh Nawaf Saud Al-Sabah has highlighted the importance of achieving integration between the KPC and its subsidiaries – the Kuwait National Petroleum Company (KNPC) and KIPIC.
SABIC predicts difficult year for petrochemicals in 2024
Saudi Basic Industries Corporation (SABIC) has said that it expects 2024 to be a difficult year for the global petrochemical industry.
Republic of Congo expands oil partnerships, eyes closer ties with Azerbaijan
The Republic of the Congo’s President Denis Sassou-Nguesso is diversifying the West African country’s oil and gas partnerships in search of reliable allies to explore its substantial reserves.
LNG reigns supreme in low-carbon bunkering
Geopolitical strains fail to spur sustained rise in oil prices
Despite the combustible backdrop of armed conflicts near major oil producers, including Russia and Iran, oil markets have not experienced a sustained price increase.
What next for oil markets after Iranian strike on Israel?
For the time being, traders have apparently shrugged off fears of a direct war between Israel and Iran, but escalation is still a significant risk.
Iran to spend $4.1bn to import vehicle fuel this year
Iran plans to spend billions of dollars to import vehicle fuel in the current Persian calendar year started on March 20, the semi-official Tasnim News Agency reported on April 16, citing the annual budget bill.
Kuwait names ex oil minister as new PM
In a decisive move aimed at stabilising the political landscape, Kuwait's Emir has appointed Sheikh Ahmad Abdullah al-Ahmad al-Sabah as the new prime minister.
TotalEnergies' plan to restart building of Mozambique gas project violates planned EU law
French energy supermajor TotalEnergies' intention to resume constructing a natural gas processing plant in northern Mozambique could violate an upcoming European Union law.
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