Category: Oil & Gas Industry
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🇻🇪 Nicolás Maduro and Venezuelan VP on African Mission to Extract Oil Capital
Venezuelan President Nicolás Maduro and his Vice President have launched a new diplomatic and economic mission to Africa, seeking to deepen ties with the continent’s leading oil-producing nations. The visit comes at a time when Venezuela’s hydrocarbons sector is under immense strain due to U.S. sanctions, which have severely restricted its access to capital and…
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🇷🇺🇳🇬 Dangote warns influx of Russian fuel threatens Africa’s refining industry
Nigerian billionaire Aliko Dangote has warned that heavily discounted Russian petroleum products are flooding African markets, threatening the continent’s emerging refining sector. Speaking at an oil conference in Abuja, Dangote said sanctions on Russian oil have pushed Moscow to offload fuel at steep discounts in Africa, often delivering substandard or toxic products that would be…
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Allegations of $75,000 Misappropriation: Rustonlyn Suacoco Dennis Under Investigation at NOCAL
In recent developments, Rustonlyn Suacoco Dennis, the President and Chief Executive Officer of the National Oil Company of Liberia (NOCAL), has been implicated in allegations concerning the misappropriation of $75,000 USD from the company. These allegations have raised significant concerns about financial management and accountability within Liberia’s state-owned enterprises. Background on NOCAL Established by an…
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🇲🇿 ExxonMobil’s Rovuma LNG Project: What It Means for Mozambique and Pan-African Prosperity
Mozambique is once again at the center of global energy discussions as ExxonMobil, the US energy giant, prepares to restart work on its monumental Rovuma liquefied natural gas (LNG) project in the northern province of Cabo Delgado. This multibillion-dollar initiative has been hailed as a transformative venture with the potential to redefine Mozambique’s economy and…
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🇳🇬 Nigeria’s Resurgent Oil Industry: The Warri Refinery Returns to Life
In a resounding declaration of progress, the Warri oil refinery, once a symbol of Nigeria’s battered energy infrastructure, roared back to life on December 30, 2024. After nearly a decade of silence, the refinery’s revitalized machinery now churns out 125,000 barrels per day at 60% capacity, a powerful sign of the country’s ambition to reclaim…
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Russian Oil in West Africa: The Role of Demex and the Risks to African Sovereignty
In the wake of Western sanctions imposed due to the Ukraine conflict, Russia has sought alternative avenues to distribute its oil, with West Africa emerging as a significant destination. Central to this operation is Demex, a discreet trading firm based in Dubai, facilitating the flow of Russian petroleum products into the region. Countries Affected and…
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🇳🇬 Oil Spill Reported at Shell Terminal in Nigeria’s Delta Region
A significant oil spill has been reported at Shell’s Bonny loading terminal in Nigeria’s Delta region following a pipeline rupture, according to the Nigerian Maritime Administration and Safety Agency (NIMASA). The incident, which occurred on Saturday, has caused oil to spread to the shoreline, raising concerns about environmental and community impact. NIMASA confirmed that it…
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The Sahel’s Rising Defiance: Are Burkina Faso, Niger, and Mali Redefining Global Power?
In a bold and unprecedented shift, Burkina Faso, Niger, and Mali—three nations in Africa’s Sahel region—are standing firm against what many see as centuries of Western exploitation. As tensions escalate, questions arise about whether U.S. President Donald Trump’s hardline policies and sanctions mark the West’s last desperate attempt to retain control over Africa, or if…
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🇺🇬 Uganda plans to launch longest heated oil pipeline by 2027 – minister
The world’s longest heated oil pipeline, the East African Crude Oil Pipeline (EACOP), is “still viable” despite funding delays caused by activist protests, with first deliveries expected by 2027. Construction of the pipeline began in 2017, and it will be almost 1,500 km long. The pipeline will run from two fields on the shores of…
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🇱🇾 Libyan protesters block oil valves demanding release of kidnapped General
n a bold move on Tuesday, residents of Zintan, Libya, shut down key oil distribution valves in protest of the abduction of Brigadier General Mustafa al-Whayshi, head of the Central Security Department. Al-Whayshi was kidnapped last Wednesday, and his captors have not been identified. Local leaders in Zintan have accused the Dbeibah government and the…
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