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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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Egyptian General Petroleum plans to drill 66 wells with $167.5mn investment in 2026/27
Egypt’s General Petroleum Company (EGPC) plans to drill 66 wells, including 8 exploratory wells, with a total investment exceeding EGP 8bn ($167.5mn) as part of its strategy for FY 2026/27
Mozambique's government says sovereign wealth fund will make economy more resilient
Mozambique’s natural gas-backed sovereign wealth fund has accumulated about $116.8mn as of February 10, following initial deposits made late in 2025.
Angolan firm Azule Energy starts oil production at deep-sea project Ndungu
Angolan oil company Azule Energy, a JV between BP and Eni, has started production at its offshore Ndungu field in the southwestern African nation.
Dangote to open refinery ownership to Nigerians within five months
Nigerians will be able to buy shares directly in the $19bn Dangote Refinery within four to five months, said its billionaire owner, Aliko Dangote.
Nigeria’s NNPCL faces forensic audit as government tightens oil revenue controls
Nigeria’s government has launched a forensic audit of the NNPCL and issued a new executive order mandating the direct remittance of key oil revenues to the Federation Account
Kenya’s Koko Networks seeks buyers after clean-fuel startup collapse
PricewaterhouseCoopers (PwC) has opened a process to find buyers for the assets of Koko Networks Ltd, a Kenyan clean-energy company placed under administration in early February.
Nigerian President Bola Tinubu signs executive order aimed at curbing wasteful spending in the oil and gas sector
Nigerian President Bola Tinubu has signed an executive order aimed at preventing wasteful spending in the oil and gas sector, removing overlapping structures and making sure resources are allocated for the benefit of Nigerians.
Trump mulls attack on Iran as energy markets brace for conflict
Tensions between the US and Iran look ready to boil over into outright war as President Donald Trump continues to pile on the pressure.
Iran’s petchem chief laments low feedstock share
Iran’s deputy oil minister criticised the small share of crude oil and natural gas allocated to the petrochemical sector, saying most of the country’s hydrocarbons were turned into fuel rather than higher-value products.
Nigeria and IEA sign pact to cut methane emissions, expand clean cooking access
Nigeria has signed a Memorandum of Understanding with the International Energy Agency (IEA) to reduce methane emissions, expand gas infrastructure and support clean cooking access for five million households by 2030
Nigerian energy company Oando seeks to list 4.4bn shares in $163.99mn rights issue
Nigerian energy company Oando Plc (NGX: OANDO) has applied to the Nigerian Exchange to list 4.4bn ordinary shares under a NGN220.79bn ($163.99mn) rights issue aimed at strengthening its balance sheet following a weaker 2025 performance.
Tanzania PM warns foreign firms against exploiting EACOP opportunities as pipeline nears operational stage
Tanzania’s Prime Minister Dr Mwigulu Nchemba has warned that foreigners registering companies under local names to exploit opportunities from the East African Crude Oil Pipeline (EACOP) will face strict action
Dangote signs $400mn XCMG deal to expand Nigeria oil refinery
Dangote Group has signed a $400mn equipment deal with XCMG to support expansion of its Nigeria refinery to 1.4mnbpd, alongside major increases in petrochemical and fertiliser output, reinforcing its industrial growth strategy.
Epstein advised against Aramco IPO to avoid ‘Wall Street demons’
Epstein counselled senior Saudi officials to abandon the US IPO of Aramco
BB Energy loads first crude oil cargo from South Sudan following legal dispute
South Sudan has delivered a 600,000-barrel crude cargo to BB Energy, marking the first repayment under a disputed $100mn prepayment deal, as both sides move to formalise a broader settlement framework following months of missed deliveries.
KAHRE plans South African "net-zero corridor" to support green hydrogen production, export
KAHRE Renewable Energy Group plans a net-zero industrial corridor linking South Africa’s Northern and Western Cape, combining up to 20GW of renewable power with green hydrogen production and export infrastructure.
Kenya moves to launch crude oil exports from South Lokichar basin
Kenya plans to begin crude oil exports from its South Lokichar basin by the end of 2026, with authorities implementing transport and regulatory systems to support the operation
Tulip compressors boost Presidential CNG drive in Nigeria
Chanrai Nigeria Limited has unveiled new Tulip compressor packages in Lagos to strengthen gas distribution under the Presidential CNG Initiative,
Iran caps clean fuel supply despite high output capacity
Iran is limiting the distribution of higher-grade Euro-4 standard petrol to just eight major cities, despite the country having the capacity to produce more of the cleaner fuel, the head of the state fuel distributor said
Nigeria to face power cuts as gas maintenance shuts 935MW, tightening grid supply
Nigeria’s electricity supply is set to decline sharply as gas infrastructure maintenance forces nearly 935MW offline, exposing persistent vulnerabilities in the gas-to-power value chain and increasing the risk of widespread load shedding.
Nigeria deploys first mobile drone command centre to guard oil pipelines
Nigeria LNG Limited (NLNG) has commissioned the country’s first commercial Mobile Drone Operations Command Centre (MDOC) to strengthen surveillance and curb vandalism across its oil and gas pipeline network
Fuel shortages hit Iraq’s Anbar as officials deny supply crisis
Cities in Iraq’s western Anbar province, particularly Fallujah and Ramadi, have experienced disruptions in petrol supplies over the past 24 hours. Residents reported long queues at fuel stations.
Iranian think tank reports that 50 petchem projects across the country have ‘serious deficiencies’
A new report from Iran’s Resistance Economy Think Tank has found that out of more than 150 petrochemical projects currently planned or under construction in the country, 50 are considered to have “serious deficiencies”.
UAE’s Emarat appoints new CEO
Emirates Petroleum Company (Emarat) has appointed former senior Emirates National Oil Company (ENOC) official Burhan Al Hashemi as its new CEO, signifying a change in direction as the company continues to expand, according to Trade Arabia.
Nigeria’s Dangote refinery threatens legal action against individuals claiming it imports petrol
Nigeria’s 650,000 bpd Dangote Refinery says it has identified individuals who had claimed the plant was importing petrol, calling the allegation “misleading” in a statement made on February 9.
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