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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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Nigeria's Dangote holds talks with Norway's sovereign wealth fund on joint African investments
Aliko Dangote has held discussions with executives from Norway’s sovereign wealth fund, Yara International and Scatec, on investment opportunities across Africa spanning energy, renewables, fertiliser, agriculture and industrial infrastruce
Angola's Cabinda Oil Refinery begins selling fuel as nation seeks to limit import dependency
Angola’s Cabinda Oil Refinery has started selling fuels to the local and foreign markets, helping to ease supply bottlenecks precipitated by the Iran War.
Impact of US Hormuz blockade undermined by Iran’s land borders with seven neighbours, Caspian Sea ports
Trump administration officials with ideas that the US naval blockade could bring Iran to its knees have to remember they are dealing with a country of 90mn that has 6,000 kilometres of land borders with seven neighbours as well as Caspian Sea ports.
Togo studies gas network linking Ivory Coast and Benin
Togo is preparing feasibility studies for a World Bank-backed regional gas project that could link LNG imports at Lomé with new power, industrial and cross-border supply infrastructure.
Cameroon secures $206mn for Kribi refinery as fuel import reduction drive accelerates
Cameroon has secured $206mn in bank financing for the CSTAR refinery project in Kribi, advancing plans to reduce dependence on imported fuel products while rebuilding domestic refining capacity after the prolonged shutdown of the SONARA refinery.
Mozambique increases diesel price by 45.5% to $1.80/litre on Iran War oil price trigger
Mozambique’s government has increased the price of diesel by 45.5% and that of petrol by 12.1% in response to the increase in oil prices on the global market as the Middle East crisis drags on.
Turkey intends to reach Moon in 2027 using own hybrid rocket engine
Turkey intends to reach the Moon in 2027 using a domestically developed hybrid rocket engine to power an unmanned mission, according to industry and technology minister Mehmet Fatih Kacir.
TA’ZIZ signs numerous petchem agreements worth $28.5bn
TA’ZIZ has signed multiple long-term agreements across its chemicals portfolio worth $28.5bn involving feedstock, sales, and offtake support for large-scale production in the UAE, according to Oil & Gas Middle East.
Saudi petrochemical profits drop as Hormuz blockade continues
Saudi petrochemical companies have been putting a stop to investment plans and long-term strategy as tensions with Iran continue, despite remaining profitable in the first quarter of 2026, thanks to increased product pricing.
Middle East tensions expose South Africa’s fuel security vulnerabilities
Eskom, South Africa’s state-owned public utility company, can burn through 20-30% of the country’s total refined diesel supply, which distorts the national fuel market by tightening supply for everyone else.
Turkey’s top refiner Tupras swings to 1Q bottom line of TRY 3.7bn
Largest Turkish refiner Tupras (IST: TUPRS) on May 6 reported a 1Q net profit of Turkish lira (TRY) 3.7bn ($81.8mn) versus the bottom line of TRY 127mn that it reported 12 months ago.
Trafigura eyes 36.36% stake in South Africa's Natref oil refinery
Trafigura is among bidders for a 36.36% stake in Sasol’s Natref refinery in South Africa, as demand growth and limited refining capacity boost interest in strategic fuel assets following Prax Group’s administration.
Frankfurt-listed Fuchs acquires local partner Opet’s 50% stake in Turkish lubricants unit
The Fuchs Group (Frankfurt/FPE) has completed the acquisition of a 50% additional stake in the Opet Fuchs JV from local partner Opet, Fuchs said on April 30.
Diesel price surge drives Africa telecoms shift to solar towers
Rising diesel prices linked to the Iran war are pushing African telecom operators to accelerate a shift toward solar-powered towers, cutting fuel costs, improving network reliability and reducing dependence on volatile energy supply chains.
Nigeria’s NNPCL signs MoU with Chinese companies to revive refineries with equity partnership model
Nigeria’s state oil company entered wants Chinese firms to accelerate the overhaul and restart of the state-owned 210,000-bpd Port Harcourt and 125,000-bpd Warri refineries amid soaring oil prices.
TotalEnergies Marketing Ghana profit drops 26% y/y in Q1 amid weak sales
TotalEnergies Marketing Ghana PLC (GSE:TOTALGH) posted a 26% year on year (y/y) decline in profit after tax for the first quarter ended March 31, 2026, as revenues fell sharply amid weaker sales.
FCC protesters continue disruptions at Basra’s South Refineries Company in Iraq
Dozens of former workers from the FCC oil project staged a protest on May 4 for the second consecutive day outside the gates of the South Refineries Company in Basra, blocking access to employees as they demanded formal employment within the Ministry
Dangote jet fuel pricing seen stabilising Nigeria aviation market
Nigeria’s aviation fuel market may see improved stability after the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) backed a newly released indicative gantry price from Dangote Petroleum Refinery
NNPCL increases crude prices as Strait of Hormuz remains closed
The Nigerian National Petroleum Co. Ltd. (NNPCL) has increased the official selling price of all of Nigeria’s 37 crude grades for May cargoes, according to Oilprice, due to ongoing tensions in the Middle East.
Go Energy, SARCO sign JV for green ammonia project in Saudi Arabia
US-based Go Energy and Saudi Arabian Refineries Co. (SARCO) have signed a joint venture agreement (JV) to develop a large-scale green ammonia project in Jazan, Saudi Arabia.
Saudi Aramco struggles to repair Juaymah LPG facility due to regional tensions
Saudi Aramco has announced that it will extend its block on exports of liquefied petroleum gas (LPG) from its Juaymah LPG facility due to unresolved damage sustained in late February.
UAE withdraws from OPEC following years of frustration
The UAE will officially leave the OPEC alliance in May, driven by mounting frustrations over production quotas that constrained its expanded capacity.
Jordan Petroleum Refinery achieves $106mn net profit in 2025
The Jordan Petroleum Refinery Company has approved a 50% cash dividend for shareholders, following solid 2025 financial results that show its strong financial position and stable returns.
Nigeria’s NNPCL crude trading hits five-year high under Ojulari
Nigeria's NNPCL said crude oil trading rose to 1.171mn bpd under Group CEO Bashir Bayo Ojulari, marking its highest level in five years, according to its one-year mandate report
Afreximbank backs new Nigeria refineries to cut fuel imports
The African Export-Import Bank is financing three new refineries in Nigeria as part of efforts to reduce fuel imports, strengthen domestic processing and shield economies from global supply shocks
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