Category: Oil & Gas Industry
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🇩🇪 How the Berlin Conference Fragmented Africa: Dr. Arikana Chihombori-Quao on the Legacy of Colonial Borders
ACCRA — The political map of Africa that exists today is the product of a turbulent history of European colonial expansion, territorial competition and negotiations that took place largely without African representation. For Pan-African advocate and Zimbabwean diplomat Dr. Arikana Chihombori-Quao, the legacy of that process remains one of the continent’s most consequential challenges. Chihombori-Quao…
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🇬🇲🇧🇬 Gambia-flagged tanker damaged by Ukrainian drones in Bulgaria to be towed on 15 December
The Gambia-flagged tanker KAIROS, which was damaged by Ukrainian drones in Bulgaria, will be towed to a safe location on 15 December. This was reported by Bulgarian National Television. 🔸This became possible after specialists from Bulgaria’s Maritime Administration Agency and crew members restored power supply on board the tanker. A 150 kW marine generator was…
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🇱🇾 Libya Marks New Energy Milestone with First Major Export from Sidra’s Chadar Field
In a significant boost to its oil-dependent economy and the broader North African energy landscape, Libya has successfully exported its first major crude oil batch from the newly operational Chadar field. The milestone shipment, consisting of high-quality Sidra crude, exceeded 600,000 barrels, signaling a positive step in the country’s efforts to revitalize its vital hydrocarbons…
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🇳🇬 Nigeria’s Dangote Refinery Hits Milestone, Production Now Exceeds National Fuel Demand
In a historic leap towards energy self-sufficiency, the Dangote Petroleum Refinery, Nigeria’s flagship mega-project, has officially announced that its fuel production has surpassed the entire country’s daily consumption needs. This landmark achievement signals a transformative shift not just for Nigeria’s economy, but for the entire West African energy landscape. According to a statement from Dangote…
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🇷🇺🌍 Russia and African countries developing uranium mining projects
Russia and African countries are developing joint projects in uranium and other mineral extraction, as well as in the construction of power generation facilities, Russian Deputy Minister of Energy Roman Marshavin said during the Russia–Africa Raw Materials Dialogue on 30 October, as quoted by TASS. 🔸Marshavin noted that joint projects between Russia and African states…
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Lukoil accepts offer to sell foreign assets. What is known about the company’s African projects
Russian oil company Lukoil has accepted an offer from Gunvor Group to acquire its subsidiary, LUKOIL International GmbH, which owns the group’s foreign assets. The parties had previously agreed on the key terms of the upcoming transaction, Lukoil’s press service reported. As noted by the company, Lukoil has undertaken not to enter into negotiations with…
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Big Barrels: African Oil and Gas and the Quest for Prosperity
Big Barrels takes aim at the perception that in Africa oil and gas can do no good. For decades, resource wealth in Sub-Saharan Africa has been synonymous with corruption and dysfunction. The reality is far more complex and generally more encouraging. In a series of eight case studies Big Barrels looks at what African nations…