Egypt Ramps Up Regional Energy Hub Activities with Second LNG Export to Türkiye
Egypt Ramps Up Regional Energy Hub Activities with Second LNG Export to Türkiye Egypt has exported a new shipment of Liquefied Natural Gas from the Idku liquefaction plant to Türkiye, marking the second consecutive cargo dispatched this year as the country ramps up its regional energy hub activities. The shipment, consisting of 150,000 cubic meters, […]
Egypt Unveils Comprehensive Strategy to Phase Out Gasoline and Diesel Imports
Egypt Unveils Comprehensive Strategy to Phase Out Gasoline and Diesel Imports Prime Minister Mostafa Madbouly has reaffirmed the government’s full support for the petroleum and petrochemical refining sectors, emphasizing that achieving self-sufficiency in products such as gasoline and diesel is a national priority to reduce the import bill. The announcement came during a high-level meeting […]
Sound Energy Reports Major Progress on Morocco’s Tendrara Gas Development
Sound Energy Reports Major Progress on Morocco’s Tendrara Gas Development Sound Energy, the AIM-quoted transition energy company, has announced significant operational progress on the Tendrara Phase I Production Concession and Anoual Exploration Permits in Morocco, marking important milestones in the country’s domestic gas development. The operator, Mana Energy Ltd, informed the company that both wells, […]
Egypt and Libya Sign Strategic Energy Cooperation Agreement
Egypt and Libya Sign Strategic Energy Cooperation Agreement Egypt and Libya have formalized a memorandum of understanding to deepen cooperation in the oil, gas, and mining sectors, marking a significant step toward enhanced regional energy collaboration between the two North African neighbors. The agreement was signed by Waleed Lotfy, Chairman of the Petroleum Projects and […]
India Accelerates Strategic Shift from Russian Oil with Increased Angolan Crude Purchases
India Accelerates Strategic Shift from Russian Oil with Increased Angolan Crude Purchases India’s largest refiner, Indian Oil Corporation, has purchased about two million barrels of crude oil from Angola for March delivery as it accelerates a strategic shift away from Russian supplies and deepens sourcing from Africa, the Middle East, and Latin America. The purchases […]
Benin’s Sèmè Field Set to Resume Production After Nearly 30-Year Hiatus
Benin’s Sèmè Field Set to Resume Production After Nearly 30-Year Hiatus Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, is in the final stages of bringing back online the Sèmè oil field off the coast of Benin, which ceased production due to low oil prices in the late 1990s. The operator expects the production […]
TotalEnergies Extends Libya’s Waha Concessions to 2050, Plans Major Production Boost
TotalEnergies Extends Libya’s Waha Concessions to 2050, Plans Major Production Boost TotalEnergies has signed a landmark agreement extending the Waha Concessions in Libya until December 31, 2050, paving the way for significant new investments and a substantial production increase. The agreement was signed on January 24th by Patrick Pouyanné, Chairman and Chief Executive Officer of […]
Chevron Strikes Major Hydrocarbon Discovery in Nigerian Waters
Chevron Strikes Major Hydrocarbon Discovery in Nigerian Waters Chevron Nigeria Limited has made a significant new hydrocarbon discovery off the coast of Nigeria, marking a major milestone for the country’s offshore energy sector. The discovery was made at the Awodi-07 appraisal and exploration well located in the shallow offshore western Niger Delta, operated under the […]