DMEA - Downstream Middle East & Africa
Rwanda to receive first Oman fuel shipment in August under Kenya, Tanzania supply deals
Rwanda expects its first Oman-sourced fuel shipment in early August under new Kenya and Tanzania supply agreements aimed at boosting fuel security and regional petroleum trade.
Kenya clears $61mn in fuel subsidy arrears to ease pressure on oil marketers
Kenya has paid KES7.9bn ($61.12mn) in outstanding fuel subsidy claims to oil importers, providing relief to oil marketing companies that have faced mounting cash flow pressures and intermittent fuel supply disruptions in recent months
Dangote to fund Kenya oil refinery with cash, bonds and IPO proceeds
Dangote Group plans to finance a proposed 700,000-bpd oil refinery in Kenya through internal cash flow, bonds and IPO proceeds, with the project planned for Lamu.
US tightens sanctions on Iranian oil trade
The US has moved to close a brief window of flexibility on Iranian energy exports, revoking a June authorisation and replacing it with a narrow wind‑down period that runs only until July 17
Uganda farmers file UK lawsuit seeking to halt $5.6bn EACOP oil pipeline
Four Ugandan farmers have filed a case at the UK High Court seeking to stop crude oil from flowing through the $5.6bn East African Crude Oil Pipeline (EACOP).
ADNOC Distribution to buy Shell South Africa fuel network for $1bn
ADNOC Distribution has agreed to acquire Shell Downstream South Africa for $1bn, gaining 580 fuel stations and expanding its African retail footprint.
Namibia clears Vitol to supply Nasan under emergency fuel deal
Namibia has suspended a competition restriction barring Nasan Energies from sourcing fuel from Vitol, citing emergency fuel security concerns.
Nigeria convenes stakeholders on fair gasoline price reductions
Nigeria has held a stakeholders' meeting with Dangote Refinery, the Federal Competition and Consumer Protection Commission (FCCPC), petroleum marketers and industry groups to discuss fair reductions in the pump price of Premium Motor Spirit
BOC moves to restore output as Iraq tests Hormuz alternatives
Iraq’s BOC has moved to restore output from three of the country’s largest oilfields
Iraq’s US‑led energy realignment shapes production, exports and power
Iraq is deepening ties with US energy firms to reshape crude output, export routes and electricity supply, concentrating influence over future incremental barrels and grid resilience
Nigeria's Dangote Refinery raises $750mn in debut international bond
Dangote Petroleum Refinery has raised $750mn through its debut international bond issue, strengthening the Nigerian company’s balance sheet as the Dangote Group prepares for a wider capital-raising cycle.
Angola targets regional refining hub status through downstream expansion
Angola is accelerating plans to become a major refining and petroleum trading hub in Africa via investments in refineries, fuel storage and logistics infrastructure aimed at reducing its dependence on imported fuels and expanding regional exports.
Namibia cuts fuel prices, revamps procurement system after $80mn support bill
Namibia has reduced fuel prices for July and announced an overhaul of its fuel procurement system after spending about $80mn cushioning consumers from rising global oil prices, the government has said.
TA'ZIZ launches joint feasibility study with Covestro, XRG
TA’ZIZ has announced that it will be launching a joint feasibility study with Covestro and XRG to decide on the development of a methylene diphenyl diisocyanate (MDI) plant at TA’ZIZ’s Industrial Chemicals Zone in Abu Dhabi.
Iraqi crude begins to move through the Strait of Hormuz
14mn barrels of Iraq’s formerly trapped oil have now been able to leave through the Strait of Hormuz following the commencement of peace talks between the US and Iran over the past 10 days.
Iraq’s Karbala refinery faces allegations over financial irregularities and unlicensed foreign workers
An Iraqi member of parliament has alleged legal, administrative and financial irregularities at the Karbala refinery, claiming that hundreds of foreign workers are employed without valid work permits and raising questions over the management.
Nigeria’s EFCC files money laundering charges against former refinery directors
Nigeria’s Economic and Financial Crimes Commission (EFCC) has filed money laundering charges against two former managing directors of the 210,000 barrels per day (bpd) Port Harcourt Refining Co. (PHRC) and Warri Refining and Petrochemical.
Congo’s SNPC explores fuel supply partnership with Nigeria’s Dangote Refinery
SNPC and Dangote Refinery have begun talks on fuel supplies, refining cooperation and energy infrastructure as the Republic of Congo seeks to reduce imports of refined petroleum products.
Nigeria fuel marketers warn of nationwide filling station shutdown over price controls
Fuel marketers have warned they will shut filling stations nationwide if the Federal Government attempts to impose petrol price controls in Nigeria's deregulated downstream market
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