Africa
Morocco, Nareva, and GE Vernova Forge Partnership for Green Hydrogen Power Plant in Laayoune
The plant is located in Laayoune, the largest city in Western Sahara, a territory Morocco considers its own but where the Algeria-backed Polisario front seeks to establish its own state.
Nigeria Oil Enters Unclear New Era After Shell's Onshore Asset Sale
Shell's exit from Nigeria's onshore oil sector highlights risks oil majors face in Africa's biggest exporter but has raised hopes that local firms could reverse the output decline from the Niger Delta, industry officials and analysts said.
Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
The London-listed oil and gas explorer said the start-up of Jubilee Southeast offshore Ghana drove production and boosted 2023 cash flow ahead of its expectations.
Global Pipeline Construction Outlook 2024: New LNG Terminals Sound Beckon Call for More Pipelines
(P&GJ) — It comes as little surprise to those in midstream that during the past year we have continued to see LNG initiatives garner more attention than pipeline projects. However, terminal construction drives new pipeline construction.
Shell Pipeline Leak Sparks Investigation by Nigeria's Oil Spills Agency
A pipeline owned by Shell's subsidiary in Nigeria has spilled crude oil in the Niger Delta following a leak, the country's spills agency and an environmental group said on Saturday.
Shell Ends Nearly a Century in Nigeria's Troubled Onshore Oil, Sells Subsidiary for $2.4 Billion
Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 billion.
Vopak Consortium Selected to Operate New LNG Terminal in South Africa
South Africa has selected a Vopak consortium as the preferred bidder to develop and operate an LNG terminal at the Port of Richards Bay for 25 years, state-owned Transnet National Ports Authority said on Wednesday.
Nigeria's Dangote Refinery Set for Test Runs After Getting More Crude
Nigeria's Dangote oil refinery could begin test runs as early as this week after receiving a sixth crude cargo on Monday, company officials said, finally bringing the 650,000 barrels per day plant to life after years of construction delays.
Nigeria's Top Court Says Shell's Appeal Should Be Heard After Oil Spill Claim
Nigeria's Supreme Court on Friday ruled that Shell should be granted a hearing over an alleged oil spill in the Niger Delta after the Court of Appeal halted an asset sale and ordered a judgement claim to be paid prior to hearing its case.
TotalEnergies Appoints Expert to Evaluate Land Acquisition for Uganda, Tanzania Pipeline Projects
CEO Patrick Pouyanné has tasked Lionel Zinsou, a recognized expert in African economic development, with evaluating the land acquisition program conducted in Uganda and Tanzania as part of the Tilenga and EACOP (East African Crude Oil Pipeline) projects.
Nigeria Aims to Raise Oil, Condensates Output to 2.6 Million bpd by 2026
Nigeria's upstream oil regulator on Monday announced an annual oil and condensates production target of 2.6 million barrels per day (bpd) by 2026, an ambitious jump from 2023 levels of around 1.6 million bpd.
Global News January 2024
Latest industry developments from around the world!
At Least 40 Dead in Liberian Gas Tanker Explosion, Says Official
At least 40 people have died following the explosion of a gas tanker in north-central Liberia, the West African country's chief medical officer, Francis Kateh, said on Wednesday.
TotalEnergies to Restart Its Delayed Mozambique LNG Project in Early 2024
French energy firm TotalEnergies plans to restart its long-delayed $20 billion Mozambique liquefied natural gas (LNG) project in the first quarter of next year, two sources told Reuters late on Friday.
Congo LNG Project Boosts Drive for Viable Gas Economy
(P&GJ) — The Republic of Congo is among the African countries making progress in harnessing natural gas for export as LNG, as well as meeting the energy demands of an increasing population — now estimated at 6 million — and expanding its installed electricity capacity of 600 MW by 2018.
Natural Gas’ Sleeping Giant Explores Its Possibilities
(P&GJ) — Africa is a land full of promise, blessed with abundant resources and huge untapped potential in human capital. And when it comes to natural gas, the country’s gas reserves in 2021 were estimated at 625.6 Tcf, which is nearly equivalent to that of the United States.
EACOP Welcomes First 62 Miles of Line Pipe for Crude Pipeline
(P&GJ) — The East African Crude Oil Pipeline (EACOP) has announced the arrival of the first shipment of 100 km (62 miles) of line pipe at the port of Dar es Salaam, signaling the initiation of the main construction phase for this cross-border pipeline project.
Niger Set to Begin Oil Exports Through Benin Pipeline in January
Niger expects to export its first barrels of crude oil through a new Niger-Benin pipeline in January, the country's military leader Abdourahamane Tiani said on state television.
Shell Plans $1 Billion Investment to Boost Natural Gas Output in Nigeria
Shell Plc sees a $5 billion offshore oil investment opportunity in Nigeria and pledged to spend a further $1 billion in five to 10 years to boost natural gas output for domestic supplies and exports, a presidential spokesperson said on Thursday, citing Shell's director of upstream operations.
Nigeria's NNPC Signs Two LNG Deals for Local, Foreign Markets
Nigeria's state oil firm NNPC Ltd. said on Wednesday that it has secured two agreements to expand its LNG portfolio for both the domestic and international markets.
Global News December 2023
Latest industry developments from around the world!
Kenya to Begin Privatization Drive with Oil Pipeline Stake Offering
The pipeline firm, which is profitable, has a monopoly on the transport of gas and white oil products, the ministry said in a notice,
Eni to Invest $10 Billion in Ivory Coast's Baleine Field for Oil and Gas Development
The Baleine field, where certified reserves are estimated at 2.5 billion barrels of oil and 3.3 trillion cubic feet of natural gas, was discovered in 2021 by the Italian energy group off the east coast of the West African country.
Nigeria, Germany Sign Gas Export Agreement
A gas export partnership deal was reached between Riverside LNG of Nigeria and Germany's Johannes Schuetze Energy Import AG. Under the agreement, Nigeria will annually supply 850,000 tons of natural gas to Germany, with expectations for this to rise to 1.2 million. The initial deliveries are scheduled for 2026.
Turkey Extends LNG Deal with Algeria for Three Years
Turkish state energy company Botas has signed a deal with Algerian state oil and gas company Sonatrach to extend their existing gas supply contract for three years, Turkey's energy minister said on Tuesday.
EACOP Unveils 897-Mile Heated Oil Pipeline with Advanced Environmental Safety Technology
Due to pump its first crude oil in 2025, the EACOP integrates a sophisticated fiber-optic network for continuous online connectivity, ensuring real-time monitoring via satellite along its entire length.
Environmental Groups Call for Funding Halt to TotalEnergies' Mozambique LNG Project
Banks and other financiers should withdraw their support of TotalEnergies' $20 billion LNG terminal in Mozambique, environmental lobby groups urged in a letter sent to more than two dozen project funders on Friday.
ENI: Egypt Expected to Resume LNG Exports in December or January
Egypt is expected to resume exports of LNG in December or January as domestic demand declines during winter and as it receives more gas from Israel, an executive at Italy's ENI said on Tuesday.
Global News November 2023
Latest industry developments from around the world!
Uganda, Tanzania to Do Feasibility Study on Gas Pipeline
Uganda and Tanzania have agreed to carry out a feasibility study for a pipeline linking Tanzania's gas fields to Uganda, their energy ministers said on Friday, as the East African neighbors seek to progress a plan first announced in 2016.
- Energy Transfer Subsidiary Selects KTJV for Lake Charles LNG Export Project
- 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
- 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
