Africa
Eni Announces Giant Oil Discovery Offshore Ivory Coast
talian energy group Eni said on Wednesday it had made a giant oil discovery in offshore Ivory Coast which could hold as much as 2 billion barrels of oil and around 2 trillion cubic feet of associated gas.
Algeria Hints at Non-Renewal of Contract for Gas Pipeline Crossing Morocco
Algeria hinted at the possibility of ending gas supplies to Morocco in October, two days after cutting diplomatic ties with the Kingdom.
Africa’s New Pipeline Projects – What to Expect During the Next Few Years
The World Bank released a special report about the future of sub-Saharan Africa, which found the region’s economic growth contracted by 2% in 2020. This was closer to the lower bound of the forecast it made last year. But it also found that prospects for recovery and growth in SSA are strengthening.
Zimbabwe Agrees to $1.3 billion Joint Venture Fuel Pipeline with British Firm
Zimbabwe has signed a $1.3 billion joint venture agreement with British-based Coven Energy to develop a fuel pipeline from the Mozambican port city of Beira to the capital city Harare, the minister of information said.
Libyan Oil Output Down 60,000-70,000 BPD on Leak
A pipeline leak reduced oil output in Libya by 60,000-70,000 barrels per day on Tuesday, National Oil Corporation said.
Egypt, Israel Discuss Liquefying Israeli Gas at Egyptian Plants
Egypt's petroleum minister and Israel's energy minister discussed "future plans" for Israeli gas to be liquefied at Egyptian natural gas liquefaction plants for re-export, the ministers said in a joint statement on Monday.
Ivory Coast to Build 200 MW LNG Plant, Says Energy Minister
Ivory Coast is in talks to build a 200-megawatt power plant fueled by LNG as it seeks to avoid outages that rocked the country earlier this year, Mines and Energy Minister Thomas Camara said on Tuesday.
Mozambique President Nyusi Says Army Gaining Ground in Insurgency-Hit Region
Nyusi was addressing the nation on the crisis that was triggered when the insurgents in March attacked the coastal town of Palma, near natural gas projects worth $60 billion that are meant to transform Mozambique's economy.
Nigeria Seeks $1 Billion for Key Gas Pipeline as it Awaits Chinese Lending
Nigeria is seeking $1 billion so work can continue on a gas pipeline costing up to $2.8 billion after Chinese lenders which had pledged to offer most of the funds did not disburse cash as quickly as expected.
Nigeria Losing 200,000 BPD to Pipeline Damage, Minister Says
Nigeria is losing an average of 200,000 barrels of oil per day - more than 10% of its production - to pipeline vandalism, the country's information minister said on Monday.
Nigerian Lawmakers Pass Historic Oil Overhaul Bill
Both chambers of Nigeria's parliament have passed a bill that overhauls nearly every aspect of the country's oil and gas production, putting a project that has been in the works for two decades one step closer to presidential sign-off.
S.Africa, Mozambique State Energy Firms to Increase Shareholding in Gas Pipeline
State-owned energy companies from South Africa and Mozambique have exercised their rights to buy the 30% stake in the ROMPCO natural gas pipeline that Sasol is selling.
Libya’s Civil War Stifling Growth of Pipeline Industry
The prolonged civil war in Libya continues to lock out potential investments in greenfield oil and gas pipeline projects with the National Oil Company. International oil companies are left with the option of investing in repairs and maintenance of existing oil and gas transportation infrastructure.
Morocco Targets $1.7 Billion in Non-Phosphate Mining Revenue by 2030
With 72% of global reserves, Morocco is the world's largest phosphates exporter and last year its state-owned phosphates company OCP reported revenue of 56.1 billion dirhams. Morocco is a major producer of renewable energy but also relies on gas imports, including through a pipeline running from natural gas producer Algeria through Morocco to Spain.
Congo Says Israeli Investor Gertler's Oil Permits No Longer Valid
Democratic Republic of Congo said exploration permits from companies controlled by Israeli investor Dan Gertler for two huge oil concessions near the eastern border with Uganda were no longer valid, but the companies said they still held the rights.
T.D. Williamson Performs First SmartPlug Pipeline Isolation in Offshore Nigeria
Isolating the 267-km (165-mi) natural gas pipeline off the shore of Nigeria enabled the safe change-out and leak testing of platform valves without depressurizing the system.
Libya Oil Pipeline Leaks Hitting Output, NOC Chief Says
The head of Libya's National Oil Corp (NOC) reiterated on Wednesday the need for funds for much needed repairs in the oil industry after corroded pipelines recently hit production.
Pipeline Leaks at Libya's Samah Oilfield
A pipeline leak at Libya's Samah oilfield may pause pumping operations, an oil engineer there and an oil source at Waha Oil Company said on Tuesday.
PVC Pipes Dominate South Africa Pipelines Market by Wide Margin
South Africa’s plastic pipes market is dominated by polyvinyl pipes, according to a survey by industry lobby Southern African Plastic Pipe Manufacturers Association.
Hopes Renewed on Nigeria-Morocco Pipeline
In February, Mohammed VI, the King of Morocco, and Muhammadu Buhari, the president of Nigeria, agreed to fast-track the Nigeria-to-Morocco subsea natural gas pipeline project.
Savannah Energy in Talks to Buy Exxon's Chad, Cameroon Stakes
Africa-focused Savannah Energy and Exxon Mobil Corp are in exclusive talks over the sale of Exxon's interest in energy assets in Chad and Cameroon. The British oil and gas producer is proposing to buy a 40% operated interest in the Doba oil project in Chad, and a 40% interest in the Chad-Cameroon oil transportation pipeline.
Value of Kenya’s Lamu Port Remains an Open Question
In its early ambition, the Lamu port figured as connecting the landlocked East African economies to global trade routes. More specifically, it was envisioned as an alternative outlet for South Sudan’s oil, which is currently pumped via the Greater Nile Oil Pipeline to Port Sudan.
Shell in Talks with Nigeria to Divest Onshore Oil Stakes
Shell, the operator of the West African country's onshore oil and gas joint venture SPDC, has struggled for years with spills in the Niger Delta as a result of pipeline theft and sabotage as well as operational issues.
Uganda, Tanzania, Oil Firms Sign Accords to Build $3.5 billion Pipeline
Total's CEO said the pipeline is one of the largest projects they should develop on this continent, adding they expected oil production to commence in early 2025.
Suez Canal Steps Up Efforts to Remove Blockage as Shipping Rates Surge, Tankers Diverted
The Suez Canal stepped up efforts on Friday to free a giant stuck container ship and end a blockage that has sent shipping rates for fuel tankers soaring and disrupted global supply chains for everything from grains to baby clothes.
Perspective: Africa Likely to Continue Relying on Power from Fossil Fuels for Some Time
The Conversation's recently published study shows that, within this decade, there is currently limited evidence for a quick transition to renewables in Africa.
Advisor to Assess 'Way Forward' on East Africa Oil Pipeline
South Africa's Standard Bank has hired an independent environmental and social advisor to help assess its involvement in Total's East African Crude Oil Pipeline that environmental groups have opposed.
Banks Urged to Steer Clear of East Africa Oil Pipeline Financing
More than 260 charities on Monday urged banks not to finance a $3.5 billion oil pipeline in East Africa, concerned the project could lead to the loss of community land and livelihoods, environmental destruction and surging carbon emissions.
Nigeria's Seplat Cutting Costs, Keeping Acquisitions on the Radar
Nigerian oil and gas company Seplat aims to cut costs and is looking out for acquisitions even after the crash in crude prices eroded its 2020 revenue.
Uganda Expects Work on Oil Pipeline with Total to Soon Start
Uganda said the construction of a $3.5 billion oil pipeline with France's Total due to run through neighboring Tanzania was expected to begin shortly.
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
