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Aramco to launch Jafurah condensate exports in February
Saudi Aramco is set to commercialise the first liquid flows from its strategic Jafurah unconventional gas basin in February
Vucic says Russia has 37 days to sell NIS stake or Serbia will act
Serbia’s President Aleksandar Vucic has set out three possible outcomes for resolving the future of oil company NIS, which has been hit by US sanctions and unable to import crude for two months.
Russian gasoline prices now 8% pricier than US
Russian gasoline becomes 8% more expensive than US fuel as Moscow takes 60% of pump prices in taxes and levies.
Putin authorises sales involving Rosneft-Shell JV in Caspian Pipeline Consortium
Russian President Vladimir Putin has authorised potential transactions involving the joint Rosneft–Shell stake in the Caspian Pipeline Consortium.
Israel reaches $35bn gas export deal with Egypt
Israel's Leviathan partners reach $35bn gas export deal with Egypt as Netanyahu rushes approval before Trump meeting, with senior US officials involved in resolving impasse over agreement.
Libya seeks bigger role in supplying gas to Europe, says minister
Libya’s strategic position between Africa and Europe, he noted, places it in a strong position to become a regional hub for collecting and exporting African gas to the EU, said the Libyan oil minister. It's looking for a bigger supply role.
Morocco’s government plans to launch two deep-water ports
Egypt brings new gas well online with 10mn cubic feet/day output
Egypt’s Ministry of Petroleum and Mineral Resources announced that it is currently finalising procedures to bring a new natural gas well into production, with an expected output of around 10mn cubic feet per day
Western majors lobbying Ukraine to stop attacks on CPC oil export route, says analyst
Kazakhstan agrees new deal to pipe crude to China in response to drone raid that damaged Black Sea shipment terminal.
Ukraine's Black Sea attacks may prove counter-productive
Ukraine’s extension of the conflict into the wider region risks fuelling tensions with its neighbours.
US sanctions on Russian-owned NIS shake Serbia’s FX market
Serbia’s central bank sought to calm markets on December 8 after a rush by citizens to buy euros caused temporary shortages at some exchange offices and pushed the dinar to its weakest level this year.
China–Africa trade set to exceed $200bn in 2025 as regional bodies deepen trade links amid US tariffs
Chinese exports to Africa are projected to surpass $200bn in 2025, down from last year’s record but still driven by strong demand, shifting global tariff incentives and the expiry of Washington's AGOA preferences.
Standard Chartered and World Bank close $200mn clean cooking bond to 415,000 cookstoves in Ghana
Egypt plans to launch $5.4bn LNG tender for 2026 supply
The Egyptian government is preparing to launch a global tender in March 2026 to import around 100 shipments of Liquefied Natural Gas (LNG) throughout the year, with an initial estimated value of $5.4bn.
Ghana unveils $3.4bn renewables drive to position itself as Africa clean-energy hub
Ghana has launched a five-year, $3.4bn renewable energy investment plan aimed at transforming its power sector and positioning the West African nation as a leader in Africa’s green energy transition.
Ethiopia set to review Gas-by-Rail agreement as promoters outline 40-country rail energy corridor
Ethiopia is set to sign a Host Country Collaborative Agreement with Insight Dynamic Resources for the proposed Gas-by-Rail Economic Corridor Initiative, which envisions a 73,500km transcontinental rail system delivering gas across 40 African states.
Tunisia kicks off stalled expansion of solar projects with 1.3GW capacity push
Tunisia is finally accelerating the deployment of its large-scale photovoltaic (PV) sector after years of slow progress, with construction now underway across multiple major projects.
Shell and Petronas seek 20% gas price increase for Egypt’s West Delta marine phase
UK energy major Shell and Malaysia's national oil and gas company Petronas asked the Egyptian Natural Gas Holding Company (EGAS) to raise the gas price for the upcoming Phase 12 development of the West Delta Deep Marine fields by 20%
New Fortress Energy and Puerto Rico finalise seven-year LNG deal
US LNG developer New Fortress Energy has received final approval from Puerto Rico authorities to conclude a seven-year LNG supply deal.
Vitol to supply Colombia’s new LNG import terminal
Energy and commodity trader Vitol is expected to supply Colombia’s new LNG import terminal on its northern Caribbean coast.
COMMENT: Putin's India visit concludes with multiple promises of deeper cooperation
While the two sides inked over 16 agreements, a clear pivot towards high-technology sectors, critical minerals, and joint manufacturing ventures dominated much of the agenda.
How Kazakhstan and Western oil major partners could take $27bn yearly hit from Ukraine’s drone attacks on Black Sea port
Moscow, on the other hand, might lose a mere $0.6bn annually, argues analyst.
Egypt signs agreement with US Honeywell for sustainable aviation fuel (SAF) production
The Egyptian Petrochemical Holding Company (ECHEM), through the Egyptian Sustainable Aviation Fuel Production Company, has signed a licensing agreement with the global US tech group Honeywell to locally produce sustainable aviation fuel (SAF)
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