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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 crude oil imports surge as refining sector expands
Nigeria’s crude oil imports jumped 309% quarter-on-quarter to $1.39bn in the Q12026 as the Dangote Petroleum Refinery increased purchases of foreign feedstock
Nigeria's NNPCL urged to fast-track Chinese refinery partnership
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Nigerian National Petroleum Company Limited (NNPCL) to accelerate negotiations with two Chinese companies to revive the Port Harcourt and Warri refineries
Togo launches SAF push and expands jet fuel storage at Lomé airport
Togo has signed agreements to develop a Sustainable Aviation Fuel supply chain and build a 1,500-cubic-metre (396,300-gallon) Jet A1 storage tank at Lomé's Gnassingbé Eyadéma International Airport.
Iraq targets 4.3mn bpd oil output and 3.5mn bpd exports under recovery plan
Iraq announced that restoring production from the country's southern oilfields to pre-Gulf crisis levels and increasing crude exports will be among the ministry's top priorities in the coming period.
Oman's sea salt sector eyes over $1bn in investments
Oman is targeting investments exceeding $1 bn in a range of sea salt refining projects along the Sultanate’s expansive eastern coastline, with the potential to produce an estimated 5 mn tonnes per annum (tpa) of industrial salt.
Oman to unveil maiden community solar energy project
Oman’s Authority for Public Services Regulation (APSR) is set to launch the Sultanate’s first community solar power station later this week, marking a new phase in the country’s efforts to broaden public participation in renewable energy.
Iran’s second opening: where the smart money should go
Presuming the fragile truce holds, a new MoU will allow global energy companies to invest in reconstructing Iran’s vast, undamaged oil and gas reservoirs
Iran says Strait of Hormuz completely closed
Iran's Khatam al-Anbiya Central Headquarters has said it will close the Strait of Hormuz to shipping again, citing US violations of the war-ending memorandum and continued Israeli attacks in southern Lebanon.
Suspected pipeline vandals remove more than 3km of petroleum products pipeline in Nigeria
Suspected pipeline vandals excavated and removed more than 3km of a key petroleum products pipeline linking Port Harcourt and Kaduna after allegedly operating from a makeshift camp in remote forests between Enugu and Ebonyi states for several months.
Nigerian Exchange chairman courts Middle East investors ahead of Dangote Refinery IPO
Nigerian Exchange Group (NGX Group) Chairman Umaru Kwairanga has called on Middle East investors to increase their participation in Nigeria’s capital market
Morocco rejects fuel price cap and Samir Refinery takeover
Morocco’s Upper House has voted down two high-profile legislative proposals, exposing deep political fragmentation over the sensitive issues of retail fuel pricing and the nationalisation of the idled Samir refinery
Nigeria rules out new fuel and telecom taxes after IMF recommendations
Nigeria’s federal government has dismissed reports that it plans to introduce new taxes on telecommunications services and petroleum products, saying recent recommendations by the IMF are advisory
Nigeria’s Dangote Refinery reduces clean-fuel imports to West Africa
Data provided by S&P Global and shipping data firm BIMCO this week has shown that production from Nigeria’s 650,000 barrels per day (bpd) refinery is causing a significant shift in West African fuel trade patterns.
Ethiopian Airlines seeks Saudi fuel deal to shield $30bn order book
Ethiopian Airlines seeks greater fuel price certainty through a short-term Saudi supply contract as soaring energy costs, aircraft delivery delays and thin industry margins place mounting pressure on African carriers.
Angolan industry body backs gradual fuel price hikes to curb subsidy burden
Angola Industrial Association (AIA) president José Severino has backed the gradual increase of fuel prices and higher taxes on gasoline-powered vehicle imports as part of efforts to reduce the country’s costly fuel subsidy bill.
Iran's Amir Kabir Petrochemical posts higher annual profit on product mix, FX
Iran's Amir Kabir Petrochemical Company reported gross, operating and net profit growth of about 56%, 60% and 74% respectively for the financial year to March 2026.
Uncertain peace deal with Iran sends oil prices plummeting
Oil prices have dropped more than 5% to around $80 per barrel following the announcement of a peace deal between the US and Iran on June 15, with the latter noting that it would reopen the Strait of Hormuz.
Saudi Arabia, South Korea sign MoU to increase cooperation in energy sector
Saudi Arabia and South Korea signed a memorandum of understanding (MoU) on June 15 to increase cooperation in the development and use of petrochemical materials and in crude oil stockpiling.
Deal or no deal? Comparing the Iran MoU to the JCPOA
When the US and the P5+1 concluded the Joint Comprehensive Plan of Action in 2015, the document ran to 159 pages, enshrined in UN Security Council Resolution 2231 with a snapback mechanism.
Ghanaian petroleum marketer GOIL defies revenue slump to lift profit and dividend
Ghanaian petroleum marketer GOIL PLC (GSE:GOIL) increased profit and raised its dividend for the first time in three years despite a decline in revenue.
Ghana fuel price cuts offer relief as global oil pressures ease
The reductions come as Ghana's government reviews fuel relief measures introduced to cushion consumers and businesses from price shocks linked to tensions in the Middle East.
Oman's refinery output surges by 86.2% in April
Oman's total refinery output surged in April 2026 by 86.2% y/y, according to preliminary statistics from the National Centre for Statistics and Information.
Cameroon selects Tradex to develop fuel stations on Chad and CAR trade corridors
The project aims to improve support services for freight operators while strengthening trade links between Cameroon and the landlocked economies of Chad and the Central African Republic.
Uganda unveils $22.75bn budget as oil production push drives growth
Uganda has unveiled an UGX84.4 trillion ($22.75bn) 2026/27 budget, projecting 10.2% economic growth driven by oil, infrastructure, agriculture and industrial expansion ahead of first commercial oil production later this year.
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