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Tag: Oil & Gas Industry

ExxonMobil’s Interest in exploring Liberia’s offshore blocks

Liberia, located in West Africa, has significant potential for oil production due to its proximity to the oil-rich Gulf of Guinea. The country has been actively exploring its offshore blocks for oil reserves. ▪️ExxonMobil’s interest in Liberia ExxonMobil has expressed interest in exploring and producing oil in Liberia’s offshore blocks. In March 2021, the company…
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March 23, 2024
Crisis Looms: Tanker Shortage in 2024

In 2024, the global tanker industry faces a dire situation with only two new supertankers slated for construction, marking a staggering 90% decrease from the annual average observed since the early 2000s. The repercussions of this scarcity are already being felt as owners increasingly avoid traversing the southern Red Sea, leading to a palpable shortage…
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March 23, 2024
Exploiting Africa’s Resources: The Looting Machine

Africa remains a rich reservoir of natural wealth, encompassing rare earth minerals, metals, gold, and hydrocarbons. Despite this abundance, a significant portion of Africa’s populace resides in nations where oil, gas, and minerals hold pivotal economic roles. However, average incomes in these regions persistently lag behind the global average. Moreover, reliance on commodity exports often…
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March 23, 2024
TotalEnergies and Qatar Expand Namibia Oil Exploration Into South Africa

TotalEnergies and QatarEnergy are expanding their efforts to explore for oil and gas in the Orange Basin offshore Namibia by acquiring a nearby license in the basin in South African waters. TotalEnergies and its partner QatarEnergy have signed an agreement to buy participating interests in Block 3B/4B offshore South Africa from the companies Africa…
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March 7, 2024
Weir Minerals: Leading by example in the pursuit of net zero

While its technological advancements are ensuring responsible and sustainable mining, Rajen Govender, MD Weir Minerals SA, points out that Weir Minerals is firmly committed to ensuring net zero in its own operations.
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February 29, 2024
Gabon: Announces the discovery of a new oil field with an estimated reserve of 300 million barrels.

China National Offshore Oil Corp (CNOOC) could expand its Gabon deepwater portfolio in the case of a positive result from the recently spud Tigre 1 new field wildcat, targeting the pre-salt Gamba sandstones of Aptian age. Although there have been gas discoveries in the area, CNOOC have clearly indicated that they are targeting an oil…
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February 8, 2024
TotalEnergies Ranked As The World’s Leading Solar Developer In 2023

With a portfolio representing total capacity of 41.3 gigawatts (GW) in 2023, including 12 GW already in operation, TotalEnergies is a major player in the solar power market. In its latest report, research consultancy Mercom confirms our leadership position and highlights the scale and diversity of TotalEnergies’ projects worldwide. For several years now, TotalEnergies has…
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January 9, 2024
Liberian Oil Blocks

Main Activities: Oil and Gas Extraction Full name: Chevron Liberia Limited Profile Updated: March 21, 2019 In Liberia, Chevron works through its subsidiary Chevron Liberia Limited. In September 2010, the Liberian government granted Chevron approval to acquire interests in three deepwater blocks. A year later, in 2011, Chevron opened an office in the capital of Monrovia.…
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March 21, 2019