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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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Mozambique's sovereign wealth fund reaches $151mn as government channels LNG revenue into infrastructure
Mozambique's sovereign wealth fund holds approximately $151mn in LNG revenues, with 60% of gas income allocated to the state budget and 40% saved for future generations.
Iran to halt petrol imports for five months after price hike
Iran will stop importing petrol for the five months to March 20 when the current Persian calendar year comes to an end, First Vice President Mohammad Reza Aref said.
Sultan Group explores petroleum and aviation opportunities in Djibouti
Talks with Djibouti’s ports authority covered petroleum storage, fuel trading, aviation and free-zone development, with no investment decision announced.
Ghana aims to replace liquid fuel for power generation with gas in 2027
Ghana is planning to stop buying liquid fuels for electricity generation next year as domestic gas and imports from Nigeria replace diesel and heavy fuel oil in thermal power generation plants.
Kenyan court declines to extend land restrictions linked to planned $16bn Dangote refinery
Kenya’s High Court in Malindi has given 133 residents of Lamu seven days to amend their petition challenging the construction of Dangote East Africa Refinery and properly serve billionaire Aliko Dangote and the state agencies named in the case
Kenya raises fuel prices as import costs surge amid Middle East conflict
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has increased maximum retail fuel prices for October 15 to November 14, 2026, raising petrol by KES12.93 ($0.10) per litre, diesel by KES9.90 and kerosene by KES28.49.
Kenya Pipeline profit rises 13% to $89mn in first results since NSE listing
Kenya Pipeline Company (NSE:KPC) increased net profit by 13.1% to KES11.58bn ($89.2mn) in the year ended June 2026, as higher petroleum volumes lifted revenue to a record KES42.98bn in its first annual results since listing on the NSE.
Africa Energy Bank targets early 2027 financing as launch nears
The institution was conceived as an African-led financing mechanism for energy projects as international lenders increasingly restrict financing for fossil fuels.
Saudi Aramco HQ hit by Houthi attack as war escalates
Riyadh has chosen to neglect diplomacy with Yemen’s Houthi militia in favour of a military intervention after it seized Yemen’s Red Sea coastline.
African Energy Bank to finance gas projects from early 2027
The Africa Energy Bank will begin financing projects in early 2027 after becoming operational within weeks, Farid Ghezali, secretary-general of the African Petroleum Producers Organization, said at African Energy Week 2026 in Cape Town.
Nigerian minister defends petrol discount initiative
Nigeria’s Minister of Information, Mohammed Idris, has revealed his support for the Nigerian National Petroleum Co. Ltd.’s (NNPCL) 30-day petrol discount initiative.
Nigeria’s NNPCL aims for increased crude production
The Nigerian National Petroleum Co. Ltd. (NNPCL) has said that it is aiming to produce 2mn barrels of crude oil per day (bpd) by 2030 and 12bn standard cubic feet of natural gas per day by 2030.
Algeria offers onshore oil and gas opportunities to investors at AEW 2026
Algeria’s state-owned National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT) is seeking international investment for seven onshore oil and gas blocks under its 2026 licensing round.
Ethiopia limits Dangote refinery’s $1.6bn IPO to qualified investors
Ethiopia’s capital markets regulator has limited participation in Nigeria’s $1.6bn Dangote refinery IPO to qualified investors, barring sales to the general public.
Senegalese executive leads reported $1bn management buyout of Oryx Energies
The reported buyout would hand one of Africa’s largest independent fuel trading and distribution networks to the executives who already run it, after an earlier approach by financier Simon Tiemtoré’s Lilium Capital.
Petrol use down by 7% in Iran amid push for cheaper CNG
Iran cut petrol consumption by 7% in a month through a campaign urging motorists to leave their cars at home on Tuesdays, government spokeswoman Fatemeh Mohajerani said.
Malawi intensifies crackdown on illegal fuel trading as forex shortages deepen supply crisis
Malawi has intensified nationwide enforcement against illegal fuel traders and hoarders as persistent foreign currency shortages disrupt petroleum imports, leaving motorists facing lengthy queues and businesses struggling to secure supplies.
Dangote refinery extends $1.6bn Nigeria IPO to October 27 amid strong demand
Dangote Petroleum Refinery extends its $1.6bn Nigerian IPO to October 27, targeting expansion to 1.4mn bpd as retail demand grows.
Middle East crude recovers, products crisis deepens
Eight months into the Iran war, Gulf crude flows are approaching pre-war volumes but a depleted products and LNG system faces winter with no margin
Iran to outsource operations at aviation fuel centres to private sector
The National Iranian Oil Refining and Distribution Co. (NIORDC) plans to delegate operations at aviation fuel stations nationwide to qualified private firms in three clusters to cut costs, improve efficiency and reduce its direct operational role.
Nigeria cannot allocate full 700,000 bpd of uncommitted crude to Dangote refinery, minister says
Nigeria's oil supply contracts restrict government crude allocations as Dangote expands domestic sourcing and prepares for a $1.6bn IPO.
Aramco widens onshore pipeline tender drive
Iran cuts 2029 petchem capacity target by 15.6% after Israeli strikes
Iran has slashed its 2029 petrochemical production capacity target by 15.6% after Israeli air strikes damaged major plants and disrupted output.
Tanzania fuel prices may remain elevated until early 2027 amid Hormuz tensions
Tanzania’s fuel prices could remain elevated until December or early January, the Tanzania Association of Oil Marketing Companies (Taomac) has warned, as continued tensions around the Strait of Hormuz keep global oil markets volatile
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