Tag: Oil
-
π³π¬ Oil Spill Reported at Shell Terminal in Nigeria’s Delta Region
A significant oil spill has been reported at Shellβs 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…
-
π±πΎ 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…
-
π·πΊπΉπΌ Russia Emerges as Leading Supplier in Taiwan’s Oil Products Market
Russia has taken the lead in Taiwanβs oil products market, with the island nation importing nearly 114,000 barrels of Russian naphtha per day last month. This import level accounted for 66% of Taiwanβs total crude imports for the month, according to data from Kpler. This surge to an all-time high firmly establishes Russia as Taiwanβs…
-
π»πͺ Venezuela to Propose Oil Projects to BRICS
World leaders are gathering in Kazan for the BRICS summit, and among them is Venezuelan President Nicolas Maduro, who arrived last night. Stepping off the airplane, he addressed journalists, stating that BRICS countries need the “oil muscles” of both Russia and Venezuela. Currently, the 9 BRICS member states represent 32% of global oil and condensate…
-
π¦π΄ Angola’s Cabinda oil refinery to start up by April, Gemcorp CEO says
Angola’s Cabinda oil refinery is set to start production by April, as it finishes its very first stage simply ahead of schedule but over spending plan, the CEO of Gemcorp Holdings Minimal, the job’s greatest shareholder, told Reuters on Tuesday. The refinery will be commissioned in January-February, with its very first products of fuels reaching…
-
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…
-
Reports that Nigeria has rejected Shell’s $1.3 billion oil asset sale
Nigeria’s oil regulator has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields to Renaissance group because the buyer is not qualified to manage the assets, Lagos-based yesterday newspaper reported on Wednesday. Shell on Jan. 16 announced its exit from Nigeria’s onshore and shallow water operations after agreeing to sell the business to a…
-
Libya’s oil production rebounds as political accord eases crisis
Libya’s oil production has rebounded sharply, reaching 1.13 million barrels per day on Tuesday, just days after the country’s eastern-based government lifted a blockade on oil fields and ports, the state-owned National Oil Corporation (NOC) reported. The revival follows a political agreement brokered by the United Nations to resolve a dispute over control of the…
-
Brent Oil Falls to $70.4 Amid Libyan Production Recovery News
π±πΎπ’Brent Oil Falls to $70.4 Amid Libyan Production Recovery News Brent crude oil futures for December delivery have dropped by 1.88%, reaching $70.35 on the ICE exchange. WTI futures for November delivery are also seeing a decline, down 1.76% to $66.96, while December WTI futures have dipped to $66.62 per barrel. The drop in prices…
-
IMF predicts Uganda’s economic growth will reach double digits next year due to crude oil production
According to an International Monetary Fund (IMF) report released late Wednesday, Uganda’s economy is anticipated to grow by 10.8% in the 2025/2026 fiscal year, starting in July, a significant increase from the previously expected growth rate of 6.2%. After nearly two decades of delays, Uganda is on the verge of beginning the production and export…
Recent Posts
- Beat Face Honey: From Strip Club Makeup Artist to Celebrity MUA β A Blueprint for Aspiring Black Beauty Entrepreneurs
- Halo Braid: How a Harvard-Invented Robot is Weaving a New Future for the Hair Braiding Industry
- Leading Fintechs in Pan-African Countries
- πͺπΉ Abiy Ahmed Launches Ethiopiaβs First Drone Assembly Factory Amid Regional Arms Race
- π¨π² Cameroon judges reject election-rigging complaints
Tags
Africa African Union Algeria Banking Sector Burkina Faso China Cryptocurrency Digital Currency DRC ECOWAS Egypt Ethiopia France Ghana Gold Guinea Haiti Immigration Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan African Communication Pan African Nations Presidential Elections Protest Republic of Liberia Russia Senegal Sierra Leone Somalia South Africa Sudan Uganda United Nations United States United States of America West Africa Zimbabwe
Comments
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of…
ππππππ€ ππ π£ π₯ππ π¦π‘πππ₯π .