#oilprice.com. × India Turns Away Russian Oil Tanker As Sanctions Evolve | OilPrice.com. India moved on Thursday to deny entry to a Tanzanian-flagged tanker carrying Russian crude, signaling that New Delhi is ramping up scrutiny of vessels transporting oil from Russia
#Mar.27.2025
#oilprice.com. × Uganda’s $5-Billion Oil Export Pipeline Secures Initial Funding | OilPrice.com. The East African Crude Oil Pipeline (EACOP) project has secured its first tranche of external financing, amounting to $1 billion, to support the construction of the pipeline from Uganda to Tanzania.
#Mar.27.2025
#oilprice.com. × Political Struggles Threaten Nigeria’s Oil Production Recovery | OilPrice.com. A series of pipeline explosions and fires in Nigeria's Niger Delta, amid a political crisis, are threatening the country's efforts to increase oil and gas production.
#Mar.27.2025
#oilprice.com. × Kenya to Launch Oil and Gas Licensing Round in September | OilPrice.com. Kenya plans to launch an oil and gas exploration round for 10 blocks in September, seeking to revive its stalled oil industry and attract international investors.
#Mar.26.2025
#oilprice.com. × Saudi Arabia Awards $2.6-Billion Natural Gas Power Plant Deal | OilPrice.com. Saudi Arabia has awarded a $2.6 billion contract to a Spanish-Egyptian joint venture to construct a 3 gigawatt combined cycle gas-fired power plant in the Eastern Province.
#Mar.24.2025
#oilprice.com. × United States Challenges China’s Mineral Dominance | OilPrice.com. The United States is actively disrupting China’s dominance in critical minerals through strategic deals, blocked acquisitions, and domestic production initiatives in the Democratic Republic of Congo an
#Mar.21.2025
#oilprice.com. × U.S. Firm Backed by Gates and Bezos Seeks Congo Lithium Exploration | OilPrice.com. KoBold Metals, backed by Bill Gates and Jeff Bezos, is seeking to develop a large hard rock lithium deposit in the Democratic Republic of Congo, amidst ongoing legal disputes and the country's pursuit
#Mar.21.2025
#oilprice.com. × Nigeria’s Mega Refinery Halts Petroleum Sales in Naira | OilPrice.com. Nigeria’s Dangote Petroleum Refinery has suspended sales of petroleum in the country after it stopped receiving naira-denominated crude cargoes from the state-owned Nigerian National Petroleum Company
#Mar.19.2025
#oilprice.com. × Vitol to Buy Stakes in Eni’s Upstream Projects in West Africa | OilPrice.com. Vitol will acquire stakes in Eni's upstream assets in West Africa, including projects in Cote d'Ivoire and the Republic of Congo, for $1.65 billion.
#Mar.19.2025
#oilprice.com. × Pipeline Explosion Hits Nigeria’s Oil Production and Exports | OilPrice.com. A powerful explosion rocked the Trans-Niger Pipeline, a key conduit for Nigerian crude oil exports, just as the country had begun to increase production and exports.
#Mar.18.2025
#oilprice.com. × India Hiked African and South American Crude Imports in February | OilPrice.com. India increased its imports of non-Russian crude oil from Africa and South America in February due to concerns and uncertainties surrounding Russian oil following U.S. sanctions.
#Mar.13.2025
#oilprice.com. × Africa’s Oil and Gas Investment to Hit $43 Billion in 2025 | OilPrice.com. Africa's oil and gas sector is set to attract $43 billion in investments in 2025, with projections indicating a decade-high of $54 billion by 2030, driven by both established producers and emerging pla
#Mar.13.2025
#oilprice.com. × Offline for a Decade, Libya’s Mabruk Field Restarts Production | OilPrice.com. Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity said on Wednesday
#Mar.12.2025
#oilprice.com. × Nigeria Boosts Oil Production Above Its OPEC+ Quota | OilPrice.com. Nigeria exceeded its OPEC+ oil production quota in February due to increased exports and demand from the Dangote refinery, marking the highest overproduction among OPEC+ members.
#Mar.07.2025
#oilprice.com. × Tanzania Plans to Launch Its First Oil and Gas Bid Round in Over a Decade | OilPrice.com. Tanzania plans to launch its fifth oil and gas licensing round in May, offering 26 exploration blocks, its first such round since 2014.
#Mar.06.2025
#oilprice.com. × Egypt Launches New Oil and Gas Bid Round | OilPrice.com. Egypt has launched a new licensing round, inviting international companies to bid on 13 offshore and onshore blocks to boost domestic oil and gas production.
#Mar.05.2025
#oilprice.com. × Galp Makes Another Oil and Gas Discovery Offshore Namibia | OilPrice.com. Galp has announced a new significant light oil and gas-condensate discovery offshore Namibia, further solidifying the region's status as a major exploration hotspot.
#Feb.25.2025
#oilprice.com. × BP’s Senegal-Mauritania LNG Project Set for First Cargo Loading | OilPrice.com. The first LNG cargo from the Greater Tortue Ahmeyim project offshore Senegal and Mauritania is expected to be loaded and exported within weeks.
#Feb.24.2025
#oilprice.com. × ADNOC Closes $2.84 Billion Share Sale in Gas Unit | OilPrice.com. ADNOC has finalized a $2.84 billion share sale in its gas unit, marking the largest share placement in the Middle East and North Africa since Aramco's secondary offering and furthering ADNOC's strategi
#Feb.21.2025
#oilprice.com. × Nigeria Looks to Boost Oil Production by 1 Million Bpd by End-2026 | OilPrice.com. Nigeria aims to increase its oil production by 1 million barrels per day by December 2026, driven by a crackdown on oil theft and increased investment in the sector.
#Feb.17.2025
#oilprice.com. × Nigeria Moves Closer to Boosting Gas Exports to Europe | OilPrice.com. Nigeria, Algeria, and Niger have signed agreements to advance the development of the Trans-Saharan Gas Pipeline, a project that aims to transport natural gas from Nigeria to Europe.
#Feb.14.2025
#oilprice.com. × Africa’s Biggest Refinery Could Hit Full 650,000-Bpd Capacity in 30 Days | OilPrice.com. The Dangote refinery in Nigeria, Africa's largest, is nearing full operational capacity, which is expected to transform the country's energy landscape and impact regional fuel markets.
#Feb.10.2025
#oilprice.com. × Senegal-Mauritania Offshore Project to Ship First LNG Cargo in Q1 | OilPrice.com. The Greater Tortue Ahmeyim (GTA) LNG project offshore Mauritania and Senegal has achieved first gas production, with the first LNG cargo expected to be lifted this quarter.
#Feb.10.2025
#oilprice.com. × UK Considers Withdrawing $1-Billion Financing for Mozambique LNG | OilPrice.com. The UK government is seeking legal advice on whether it is still obligated to provide $1.15 billion in funding for the Mozambique LNG project, given the project's delays and the government's shift away
#Feb.04.2025
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