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Calls for embargo of Russian oil, gas gain traction
Commodity prices spike across the board on the outbreak of war in Ukraine
Commodity prices across the board spiked, with many of them setting new all-time highs as the war in Ukraine goes into its second week, with no sign of ending soon.
Germany reaches deal on LNG import terminal
Cadogan temporarily ceases production in Ukraine
South Africa: Mantashe argues strongly in favour of developing oil and gas
South Africa’s Mineral Resources and Energy Minister Gwede Mantashe has come out strongly in favour of exploiting the country’s offshore oil and gas resources.
Libyan oil production sinks by 330,000 bpd as Sanalla blames ‘gangs’ for shutdown
Libya’s oil production has reportedly sunk by about 330,000 barrels per day (bpd) as a result of the shutdown of two major oilfields.
AfrElec: Europe eyes South Africa as coal supplier following Russia sanctions
European buyers of coal are beginning to turn to other global suppliers, looking as far as South Africa, in the wake of Russia’s invasion of Ukraine.
Liberian government cautions against panic buying of fuel after surprise price hike
Liberia’s government has responded to reports of motor fuel hoarding following a price hike by urging consumers not to engage in panic buying.
Mongolia to build Erdeneburen hydropower plant
Rwanda hikes motor fuel prices
The Rwanda Utilities Regulatory Authority (RURA) has raised retail prices for motor fuel in response to the upswing in world crude oil prices, effective March 6.
NNPC looks to derail Seplat Energy’s purchase of ExxonMobil’s shallow-water Nigerian assets
State-owned Nigerian National Petroleum Corp (NNPC) is seeking to derail independent Seplat Energy’s plans for purchasing Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of ExxonMobil (US).
Buffalo Coal talks to Investec about loan restructuring
The Kwa-Zulu Natal (KZN) based Buffalo Coal Corporation is currently in talks with international banking, investments and wealth management services bank Investec about restructuring remaining outstanding loan amount.
Azerbaijan exported 0.8 bcm gas to Europe in January
Eco Atlantic, partners contract rig for Block 2B offshore South Africa
Canada’s Eco (Atlantic) Oil & Gas and its partners in the Block 2B licence area offshore South Africa have secured a rig for the drilling of the Gazania-1 exploration well in the Orange basin.
QatarEnergy signs co-operation agreement with NAMCOR
QatarEnergy has taken steps to expand its involvement in Namibia’s emerging oil and gas industry by working more closely with the southern Africa country’s national oil company (NOC).
MENA countries’ stances vary as Russia-Ukraine war escalates
The recent Russian invasion of Ukraine is having a disruptive economic impact on the MENA region by driving up global wheat prices, which will impose yet more financial burdens on an already cash-strapped Egypt, the world's largest wheat importer.
Australian court dismisses challenges against Woodside gas projects
The Supreme Court of Western Australia has dismissed two challenges brought against gas projects operated by Woodside.
ONGC makes progress offshore in KG Basin
India’s state-owned Oil and Natural Gas Corp. (ONGC) is advancing its developments in the Krishna Godavari (KG) Basin, offshore Andhra Pradesh.
Asian refiners consider their options
Asian refiners appear to be looking at limited impact from Russia’s invasion of Ukraine so far, but are increasingly keen to resume crude imports from Iran.
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