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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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Tanzania, Uganda sign MoU for Tanga energy hub targeting over $20bn in investment
Tanzania and Uganda have signed a memorandum of understanding (MoU) to jointly develop the Tanga Regional Energy Hub, a project expected to attract more than $20bn in investment as the two countries seek to deepen energy cooperation beyond crude oil
Uganda delays $4bn Kabaale refinery investment decision to 2027 as first oil nears
Uganda has postponed the final investment decision (FID) for its planned $4bn Kabaale oil refinery to February 2027, delaying the country's flagship downstream energy project until after commercial crude production is expected to begin
Ghana fuel retailer PETROSOL cleared to list on stock exchange
Ghanaian oil marketer PETROSOL Platinum Energy PLC has won approval from the Ghana Stock Exchange and the Securities and Exchange Commission to raise long-term capital on the bourse, the company's managing director said.
Construction of Kenya’s Lamu refinery could begin this year
Construction on a new $16.94bn 700,000 barrels per day (bpd) Kenyan refinery proposed by Nigerian billionaire Aliko Dangote could begin as soon as this year, with the project expected to be the country’s largest ever private-sector investment.
Iran, Oman close to reaching Hormuz deal
Iran has revealed that it is close to reaching a deal with Oman on a new route for shipping through the Strait of Hormuz, with the country’s foreign ministry spokesman Esmaeil Baqaei noting that talks are in the “final stages”.
Iran’s energy crisis rooted in governance failures, research chief says
Iran’s energy deficit stems from poor governance and planning and an ineffective management structure rather than a shortage of resources, the head of the state-run Niroo (energy) Research Institute (NRI) said.
Syria expands Homs oil terminal, lifting tanker handling capacity tenfold
Syria has completed the rehabilitation and expansion of the western oil tanker yard at its central oil transport facility in Homs, increasing unloading capacity to around 1,000 tankers per day.
South Africa’s JSE eyes Dangote refinery listing after planned $5bn Nigeria IPO
The Johannesburg Stock Exchange is in talks over a secondary listing of Nigeria’s Dangote refinery following a planned $5bn IPO on the Nigerian Exchange.
Hindustan Petroleum buys 2mn barrels of Nigerian crude for Rajasthan refinery
India’s Hindustan Petroleum Corporation Limited has bought 2mn barrels of Nigerian Utapate and Okwuibome crude for delivery in late September.
Mozambique’s government probes renewed fuel shortages after weeks of stable supplies
Mozambique is investigating the causes of fuel shortages that have resurfaced in several parts of the country, after weeks of relatively stable supplies following a disruption earlier this year.
Dangote refinery targets $5bn IPO by October in potential African record
Dangote Petroleum Refinery & Petrochemicals is seeking to raise up to $5bn through an initial public offering (IPO) expected to conclude by October, in a deal that could become Africa’s largest stock market listing
Uganda gains veto rights over Kenya Pipeline CEO as strategic stake reshapes governance
Uganda has secured veto powers over the appointment and removal of the chief executive of Kenya Pipeline Company (NSE:KPC) after acquiring a strategic minority stake that also gives it two seats on the company's board
Ghana rolls out one of West Africa's toughest methane rules for oil and gas
Ghana has published a sweeping new set of technical rules to monitor and curb methane leaks from its oil and gas industry, in what regulators and climate groups are calling one of the most comprehensive frameworks of its kind in West Africa.
Ghana explores cedi-for-crude plan to ease foreign exchange pressure
Ghana is considering allowing domestic refineries to pay for locally produced crude oil in cedis rather than US dollars as part of efforts to reduce pressure on the foreign-exchange market.
Tanzania’s Taifa Gas nears completion of $124mn Mombasa LPG terminal
Taifa Gas is conducting final safety tests at its liquefied petroleum gas (LPG) import and storage terminal in Mombasa ahead of planned commissioning within three months.
ADNOC overhauls crude pricing formula
Abu Dhabi National Oil Co. (ADNOC) will abandon its futures-based pricing formula for Abu Dhabi crude grades from November 1
Mauritius’ Beta Oil to replace Engen brand across 37-station network
Beta Oil Terminal Ltd will unveil a new brand identity later this month, permanently replacing the Engen name across Mauritius as the company completes the final stage of its acquisition of Engen Petroleum (Mauritius), Defi Media wrote on August 3.
Malawi cuts diesel, kerosene prices as global fuel costs ease
Malawi has reduced diesel and kerosene pump prices following a decline in international fuel prices, despite continued volatility in global energy markets linked to the Middle East conflict, the Malawi Energy Regulatory Authority (MERA) said.
Iraq expands LPG storage capacity with Najaf facility
Iraq's Ministry of Oil has begun trial operations at the Najaf liquefied petroleum gas (LPG) storage facility, a project designed to strengthen strategic fuel reserves and improve the country's gas storage and distribution network
Ghana targets doubling capacity at Tema Oil Refinery to 100,000 bpd
President John Dramani Mahama has ordered his energy minister to draw up plans to more than double the capacity of the state-owned Tema Oil Refinery (TOR).
Baghdad and Ankara sign one-year Ceyhan export deal
Iraq’s oil ministry has signed a one-year agreement with Turkey covering the transport and loading of Iraqi crude through the Iraq-Turkey pipeline to the Mediterranean port of Ceyhan
Oman opens EPC race for Ras Markaz expansion
Oman has invited contractors to prequalify for the next construction phase of the Ras Markaz Crude Oil Park
Iran says talks with Oman on new Strait of Hormuz shipping route nearing conclusion
Iran says talks with Oman on a new Strait of Hormuz shipping route are nearing conclusion, but stresses any deal would not by itself reopen the waterway.
Iran locally makes over 2,000 petchem parts to cut import dependence
A quasi-governmental scientific research organisation said it had localised the production of more than 2,000 parts needed by Iran’s petrochemical industry.
Oppenheimer Partners exits Ghana-focused Genser Energy after five-year investment
Genser Energy Investments has redeemed the entire shareholding held by OP Energy Holdings, completing Oppenheimer Partners' exit from the West African energy firm after a five-year investment.
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