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MEC calls for increased role of Mozambican firms in oil and gas sector development
At the Invest in African Energies: Mozambique Roundtable, MEC’s chairman spoke of an opportunity for local firms to increase their role in the market largely dominated by foreign players.
Trump interested in jointly developing Arctic oil and gas with Russia
The US and Russia are looking at joint energy projects in the Arctic, as part of the ceasefire negotiation in Riyadh, Russia’s sovereign wealth fund boss Kirill Dmitriev told Politico on February 19.
Shrinking cloud cover may be driving record global temperatures, scientists warn
Scientists warn that fewer clouds could be triggering a feedback loop that accelerates warming, making it even harder to curb rising temperatures.
Nigeria’s NNPCL debunks claims it imported 200mn litres of petrol in February
The Nigerian National Petroleum Co. Ltd. (NNPCL) has moved to debunk claims that it had imported more than 200mn litres of petrol this month.
South Africa seeks regional collaboration to advance major oil refinery revival
South Africa is seeking regional partnerships with national oil companies to revive its mothballed Sapref crude oil refinery site near the port of Durban on the east coast in KwaZulu-Natal province.
Woodside negotiating with potential partners for equity stake in Louisiana LNG
Australia’s Woodside Energy is in the midst of talks with a handful of potential purchasers of equity stakes in its Louisiana LNG project.
Venture Global to begin commercial operations at Calcasieu Pass plant in April
US LNG producer Venture Global has notified its foundation customers that the firm’s Calcasieu Pass terminal in Louisiana has set a commercial operation date of April 15.
Eni, TotalEnergies strike deal to pipe Cypriot gas to Egypt
Italy’s Eni and France’s TotalEnergies, partners in Cyprus’ offshore Block 6, have signed a host government agreement with Egypt and Cyprus for the development of the site’s gas resources.
TotalEnergies, Air Liquide strike deal on green hydrogen projects to decarbonise refineries
TotalEnergies has signed agreements with industrial gas supplier Air Liquide to develop two green hydrogen projects in the Netherlands, aimed at reducing emissions from its refineries in Belgium and the Netherlands by up to 450,000 tonnes per year.
Crown LNG signs memo on Indian gas sales
Crown LNG Holdings, a UK-based LNG project developer, has signed a memorandum of understanding with India Gas Exchange (IGX) to collaborate on LNG sales from its planned import terminal in Kakinada, India.
Russia reportedly considers selling 6% stake in NIS to Serbia after US imposed sanctions
Serbia is considering a range of solutions to ensure NIS’s continued operations, all of which carry economic and geopolitical risks.
Brazil set to join OPEC+ but will opt out from output cuts commitments, says minister
Brazil has approved joining OPEC+, marking the country's emergence as a major oil producer just months before it hosts the UN climate conference.
Angola reveals 15% increase in LPG sales
Angola’s downstream regulator Instituto Regulador dos Derivados do Petróleo revealed this week that the country was able to bring 140,185 metric tonnes of liquefied petroleum gas (LPG) to the domestic market in the first quarter (Q1) of 2024.
Masdar, TotalEnergies sign deal to expand clean energy access in Africa and Asia
Masdar and TotalEnergies to collaborate to provide reliable, sustainable electricity to communities in Africa and explore new clean energy opportunities in Southeast Asia.
Russia says pipeline drone strike set to wipe out up to third of Kazakhstan’s oil exports
Kremlin mouthpiece Medvedev claims Ukrainian attack was designed to harm US economic interests in deliberate move against Trump.
Turkmenistan's International Economic Investment Forum in Kuala Lumpur: Unlocking New Opportunities
On April 23-24, Kuala Lumpur will set the stage for the TEIF 2025 – a major global platform bringing together high-level government officials, international financial institutions and energy giants.
Russian foreign minister accuses West of trying to destabilise Serbia
Sergei Lavrov slams sanctions on oil company NIS and claims ongoing protests are a foreign-backed effort to instigate a ‘colour revolution’ in Serbia.
Ukrainian drone strikes Kazakhstan’s main oil export pipeline route in Russia
Attack comes on same day Hungarian and Kazakh top diplomats back idea of Ukraine conflict talks between Putin and Trump.
Iran moves to stabilise production at South Pars
Iran has underscored the strategic significance of the South Pars pressure boosting project, highlighting its pivotal role in enhancing production and job creation.
Equatorial Guinea to launch new licensing round in 2025 to boost exploration
Equatorial Guinea will launch a new oil and gas licensing round in 2025 to enhance its offshore exploration and production (E&P) activities.
NNPCL imports 213mn litres of petrol in February despite Nigerian refinery restarts
Azerbaijan's energy production stable as investments in Shah Deniz and ACG continue
Azerbaijan's energy sector maintained steady production in 2024, with significant investments directed toward the Shah Deniz gas-condensate field and the Azeri-Chirag-Gunashli oil and gas block, according to BP report.
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