DMEA - Downstream Middle East & Africa

Baghdad’s northern gambit tests Kurdish patience

Confronted with restored Kurdish flows and a revived Kirkuk-Baniyas plan, Iraq is redrawing its export map even as Erbil presses Baghdad on pricing and volumes.

Asian diesel shipments to Africa hit at least 4.5-year high as Middle East supply slumps

Kenya Pipeline Company seals $725mn crude storage deal with Gulf Energy

Kenya Pipeline Company (NSE:KPC) has signed a 25-year crude oil storage and handling agreement with Gulf Energy E&P B.V. that could generate about ($725mn) in revenue, strengthening Mombasa’s role in Kenya’s planned oil exports

Sahara Power starts construction of $12mn gas-fired power plant in Lagos

Nigeria's Sahara Power Enterprise Group (SPEG) has started construction of a $12mn, 12MW gas-fired independent power plant (IPP) in Lagos, targeting completion in the first quarter of 2027.

IFC to vote on $42mn financing for BB Energy LPG expansion in DRC, South Africa, Zambia

IFC, the World Bank Group’s private-sector development institution, has proposed financing of up to $42mn for a $64mn liquefied petroleum gas expansion by family-owned global energy trader BB Energy.

Malawi fuel hauliers withdraw trucks after transport rate cuts

Malawian fuel transporters have withdrawn at least 100 trucks from contracts after the Malawi Energy Regulatory Authority (Mera) cut fuel haulage rates by up to about 20%, The Nation reported on August 27.

Nigeria’s Dangote says petrol imports may push more fuel to export markets

Dangote Petroleum Refinery said rising petrol imports were making Nigerian demand harder to forecast and could push more surplus fuel into export markets, as official data showed imports rose while domestic petrol supply and consumption fell sharply

TotalEnergies Marketing Kenya posts stronger H1 profit as fuel volumes rise

Iran faces 14mn-litre daily petrol shortfall

Iran is running a daily petrol shortfall of about 14mn litres as the government retreats from a price rise towards rationing, with queues lengthening, imports blocked and a black market forming at filling stations.

US announces last-ditch sanctions on Iran

Iran and the US are looking for ways to end the war as the power of the Strait of Hormuz wanes and energy prices remain high.

80% of feedstock for Nigerian refineries now made up of domestic crude

Data from the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) this week shows that Nigerian oil producers have supplied nearly 80% of the crude oil used as feedstock by domestic refineries this year.

Iran's Marun Petrochemical lifts five-month sales 45%

Nigeria's Atiku reaffirms targeted petrol subsidy plan, rejects aide's phase-out claim

African Democratic Congress presidential candidate Atiku Abubakar has reaffirmed plans to restore a targeted petrol subsidy if elected in 2027, saying the intervention would support domestic refining and lower living costs

Iran denies petrol shortage as queues grow longer

Ghana Gas shifts profits into infrastructure as expansion drive accelerates

Ghana Gas Company plans to reinvest earnings in infrastructure and expansion after improving profitability, as the state-owned gas company seeks to strengthen the reliability of fuel supplies to power plants and industry.

Nigeria’s Dangote targets $5bn IPO as crude costs test expansion

Uganda targets 5% ethanol blend within three months as rollout advances

Uganda expects to achieve a 5% ethanol blend in petrol within the next three months, moving closer to full implementation of a biofuels mandate launched last year.

Iran to add 12mn litres of daily petrol capacity with two southern refineries

Iran plans to bring two new refineries in the south on stream within seven months, adding 12mn litres per day to petrol production as the country grapples with a persistent fuel shortfall, a deputy oil minister said.

Will Trump call persuade Turkey’s Erdogan to halt gas imports from Iran?

Ankara faces headache. Turkey was Iran's third largest trading partner last year. Analysts wonder whether Turkish president will risk upsetting US counterpart.

Iranian petrol stations see normal traffic as price hike rumours fuel jitters

Petrol stations in the Iranian capital Tehran are operating without a rush by motorists to fill their tanks, despite rumours of higher fuel prices and amid tougher US sanctions.

Dangote refinery rising output turns Nigeria into net seaborne fuel exporter

Nigeria has emerged as a net seaborne exporter of petroleum products as rising output from the Dangote refinery drives a more than sevenfold increase in exports and sharply reduces the country’s longstanding dependence on imported fuel.

Kenya Senate sets 60-day deadline in emergency fuel-import probe

Kenya’s Senate Energy Committee has given government and investigative agencies until October 19 to submit a consolidated report on investigations and disciplinary proceedings involving three former senior energy officials.

Oil prices see modest decline on August 24 despite Washington's threat of new Iranian sanctions

Oil prices fell by around 2% on August 24 as traders took profits following two weeks of gains and awaited details of new US sanctions against Iran.

Mauritius' Bhunjun Group buys Engen's 37 fuel stations, launches local Fillin brand

Oil Terminal Ltd, a subsidiary of Mauritian conglomerate Bhunjun Group, has acquired all 37 Engen service stations in Mauritius and is rebranding the network as Fillin.

Zimbabwe widens energy mix to unlock new power investment

Zimbabwe has widened the range of energy sources recognised under its regulatory framework, opening a clearer path for investment as the Government targets more than doubling electricity generation capacity to 6 000MW by 2030.