News
West Africa’s Atlantic Margin Sees Renewed Exploration Interest
2+ hour, 15+ min ago The EIA Thinks OPEC Can Pump More Than Anyone Expected The U.S. escalation against Venezuela" Trump Media & Technology Group," Global energy markets are entering" By W. Schreiner Parker, Head of Emerging Markets & NOCs at Rystad Energy. Does the U.K. Need More Domestic Gas…...
Vitol Deal Revives Uganda’s $4 Billion Refinery Ambitions
4+ day, 12+ hour ago Vitol Deal Revives Uganda's $4 Billion Refinery Ambitions Azerbaijani media accuse Georgia of" Commodity trading major Vitol will provide $2 billion in loans for the Ugandan government, to be used for energy infrastructure projects, including a refinery, Reuters has reported, citing a…...
BW Energy Makes Strategic Angola Entry with Chevron-Operated Block Deal
1+ week, 2+ day ago South Sudan Deploys Troops to Secure Heglig Oil Field BW Energy has taken a major step into Angola's offshore sector, striking a joint deal with Maurel & Prom (M&P) to acquire minority stakes in two producing deepwater blocks from Azule Energy,…...
Senegal Moves to Seize Kosmos Offshore Gas Project
1+ week, 4+ day ago Senegal Moves to Seize Kosmos Offshore Gas Project REAlloys, an all-American rare earth" Pemex' debt now includes $105B" Senegal looks to nationalize an offshore natural gas project, currently operated by U.S.-based Kosmos Energy, to meet its domestic gas demand, Senegalese Energy…...
Shell Wins Path Into South Africa’s Block 2C as PetroSA Approves Farm In
1+ week, 6+ day ago National Gas Prices Fall Again To Multi-Year Lows Soaring U.S. natural gas prices'driven" Upstream spending is expected to" South Africa's state-owned PetroSA has approved a landmark farm-in deal that would give Shell Offshore a 60% operating stake in Block 2C, strengthening the oil…...
TotalEnergies Clarifies Financing Shift for Mozambique LNG Project
2+ week, 4+ day ago EU Reaches Agreement on Banning Russian Gas by 2027 The liquefaction project " one of Africa's biggest LNG developments " secured a landmark $15.4 billion financing package in 2020 from around 30 lenders, including multiple export credit agencies (ECAs). However, the Islamist insurgency in Cabo Delgado…...
Namibia Oil Rush Intensifies as TotalEnergies Leads Bid for Galp Stake
2+ week, 5+ day ago Namibia Oil Rush Intensifies as TotalEnergies Leads Bid for Galp Stake South Korea's plan to close" The Trump administration has initiated" TotalEnergies has emerged as the favorite to buy into a major oil discovery offshore Namibia and become a partner…...
UK Withdraws $1.1 Billion Support for Mozambique LNG Project
2+ week, 6+ day ago UK Withdraws $1.1 Billion Support for Mozambique LNG Project Analysts say even a ceasefire" Ukraine hit the Saratov refinery" The UK government has decided to withdraw a $1.1-billion loan guarantee for TotalEnergies" Mozambique LNG project as risks have increased and it…...
Eni Launches Angola’s First Non-Associated Gas Project Ahead of Schedu
3+ week, 2+ day ago Nigeria Boosts Gas Supply With OML 17 Output Surge The exponential energy demand of" Eni has formally launched operations at Angola's first non-associated gas development, inaugurating the New Gas Consortium (NGC) Gas Treatment Plant in Soyo through Azule Energy, its 50:50 joint…...
Angola Launches Its First Plant to Process Non-Associated Gas
3+ week, 3+ day ago Angola Launches Its First Plant to Process Non-Associated Gas China's CO? emissions were flat" Renewable and EV growth has" Angola inaugurated on Thursday its first plant to process non-associated natural gas as the African oil producer looks to develop a…...