Category: Oil & Gas Industry
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๐ฒ๐ฟ ExxonMobilโs 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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๐ณ๐ฌ 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 Nigeriaโs battered energy infrastructure, roared back to life on December 30, 2024. After nearly a decade of silence, the refineryโs revitalized machinery now churns out 125,000 barrels per day at 60% capacity, a powerful sign of the countryโs 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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๐ณ๐ฌ Oil Spill Reported at Shell Terminal in Nigeria’s Delta Region
A significant oil spill has been reported at Shellโs 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 Maliโthree nations in Africa’s Sahel regionโare 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 Westโs last desperate attempt to retain control over Africa, or if…
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๐บ๐ฌ Uganda plans to launch longest heated oil pipeline by 2027 โ 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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๐ฑ๐พ 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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๐ณ๐ฌ Nigeria signs $1.2bn deal with Chinese firm to revamp gas plant for aluminium smelter
Nigeria has signed a $1.2bn (R21.67bn) contract with Chinese state-owned engineering firm CNCEC to revamp a gas processing plant crucial for the country’s aluminium production, its petroleum ministry said. The contract signed between CNCEC and BFI Group โ the core investor in the Aluminium Smelter Company of Nigeria โ is the first step towards reviving…
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๐ฒ๐ฑ Mali detains 3 Australian mining firm executives
Three expat executives from Australian company Resolute Mining, which owns a gold mine in Mali, have been detained for questioning, industry and judiciary sources told AFP on Saturday. It is the second time in just over a month that employees of a foreign mining firm have been detained in Mali, as the ruling military junta…
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๐ณ๐ฆ Gas may dash Big Oil’s Namibian dreams
International companies and the government of Namibia had high hopes only months ago they could quickly cash in on offshore discoveries and turn the country they saw as the world’s last frontier of untapped oil into a prolific producer. They have since hit a major complication: an unexpectedly high percentage of gas in the fields,…
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