Africa
Oil Rises Above $78 on Optimism About 2022 Outlook
Oil gained some support from an outage in Libya. Oil output will be cut by 200,000 barrels per day for a week due to pipeline maintenance.
Nigeria's State Oil Firm Posts $346 Million Trading Surplus in June
NNPC's report said in June 47 pipeline points were vandalized compared to 64 in May, with the Port Harcourt area and Mosimi accounting for 94% of the vandalism.
Global News December 2021
German Regulator Stalls Nord Stream 2, Ida Reduced Gas Production More Than Any Hurricane in Past Decade, Israeli Energy Minister Proposes Ending UAE Pipeline Deal and more are included in this month's global headlines.
Gunmen Kill Four at Pipeline Works in Nigeria
Gunmen have killed four men who were involved in the maintenance on a pipeline owned by the Nigerian subsidiary of Italian oil giant Eni,
Snam Buys Stake in Algerian Pipelines to Pave Way for Hydrogen Highway
Italy's Snam has agreed to buy a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.
Greece Teams Up With Egypt on Gas Supply, Infrastructure
Greece and Egypt agreed to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.
Africa Sets Sights on Hydrocarbon Haul Despite Global Shift
Several African countries plan to exploit their oil and gas reserves to tackle poverty and energy shortages, representatives gathered in Dubai said this week in the face of pressure to end fossil fuel extraction to curb global warming.
Nigeria's Aiteo Reports 'Extremely High Order' Oil Spill from Well
Nigeria's Aiteo Eastern E&P has reported an "extremely high order" oil spill from a jointly-owned well in the Niger Delta and has had to abort immediate efforts to control the leak due to the pressure emanating from the well head.
Uganda Planning Third Oil Licensing Round, Energy Minister Says
Uganda Energy Minister Ruth Nankabirwa Sentamu expects a law regulating an oil export pipeline will soon be finalized by parliament.
Tanzania GDP to Expand 5.2% in 2022 From Estimated 5% in 2021
The finance minister said the 2022/23 budget would focus on construction of a standard gauge railway, a 2,115-MW hydropower dam in eastern Tanzania, a crude oil pipeline from Uganda and an LNG processing plant.
Morocco's Options After Algeria Ends Gas Supply
Morocco says the immediate impact of Algeria ending gas supplies through a pipeline is "insignificant,” but it has not said how it will make up any shortfall while it adopts long-term plans to boost renewables and import LNG.
Algeria Aims for Over 30% Share of European Gas Market
Algerian Energy Minister Mohamed Arkab said his country was seeking to increase its share of the European gas market to over the current 30%, state news agency APS reported.
In Africa, COVID-19 Jolts Dangote Pipeline’s Timelines
The unprecedented COVID-19 outbreak has disrupted project timelines of the 731-mile (1,177-km) Dangote subsea pipeline in Nigeria, with one of the contractors saying the delay has come with financial implications.
Algeria to Meet All Spanish Gas Supply Commitments, Ready to Negotiate More
Algerian Energy Minister Mohamed Arkab said his country would meet all Spanish natural gas supply commitments and was willing to negotiate providing possible additional quantities.
Libya's NOC Says Pipeline Leak Will Need Days of Maintenance
A major leak in the pipeline running to Libya's Es Sider terminal has led to the pipeline being shut down and it will require seven-10 days of maintenance, National Oil Corp's media department said.
Algeria to End Gas Supplies to Morocco, Supply Spain Directly
Algeria, which has cut off diplomatic ties with Morocco, will stop supplying natural gas to the country through the Maghreb-Europe pipeline on Nov. 1, three sources with direct knowledge of the matter told Reuters.
At Least 25, Including Minors, Died in Illegal Refinery Blast in Nigeria
Illegal refining is common in the oil-rich Delta region of Nigeria as impoverished locals tap pipelines to make fuel to sell for a profit. The practice is highly dangerous.
Morocco Mulls Reversal of Pipeline Flow if Algeria Halts Gas Supply
Morocco is discussing with Spain the possibility of reversing the flow of a gas pipeline in case Algeria does not renew a supply deal that expires in Oct. 31, a senior Moroccan official said on Monday.
Algeria Meeting European Gas Supply Commitments, Says Minister
Algeria's energy minister said on Tuesday the North African country was fulfilling its contractual obligations for supplying natural gas to Europe, the state news agency reported.
Sudan Running Low on Fuel Oil and Wheat Due to Port Blockade
A three-week blockade of Sudan's main port by tribal protesters is causing shortages of wheat and fuel oil for power generation, endangering the country's already faulty electricity supply, a cabinet minister said.
Global News October 2021
EIA Expects U.S. Natural Gas Consumption to Decline Through 2022, Brazil Seeks Natural Gas Pipeline from Argentina’s Vaca Muerta and more.
Sudan Protesters Agree to Resumption of South Sudanese Oil Exports
Sudan's government reached an agreement with tribal protesters to allow the resumption of exports of landlocked South Sudan's crude oil via a terminal on the Red Sea, Sudanese officials said.
Protesters in Eastern Sudan Shut Oil Import Pipeline
Protesters in eastern Sudan shut a pipeline that carries imported crude oil to the capital Khartoum, but there are enough reserves for the country's needs for up to ten days, the ministry of energy and oil said on Saturday.
Program to Pacify Nigeria's Oil Delta Stalled by Corruption, its Boss Says
Before the amnesty program, the region had experienced years of full-blown conflict, with armed groups blowing up pipelines and flow stations, kidnapping oil workers and fighting the armed forces.
Global News September 2021
Egypt, Israel Discuss Liquefying Israeli Gas at Egyptian Plants, Two Arrested in Mountain Valley Pipeline Protest and more.
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.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- U.S. to Acquire 3 Million Barrels of Oil for Emergency Reserve in September
- AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal
- BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019
- Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector
