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Oil & Gas

KUWAIT'S KPC SIGNS $16 BILLION LEASE AND LEASEBACK DEAL FOR OIL PIPELINE NETWORK.

Kuwait Petroleum Corporation (KPC) has signed a landmark $16 billion lease-and-leaseback agreement for its crude oil pipeline network with a consortium of global investment firms Blackstone, Brookfield, and KKR.

  • 3 months, 2 weeks
Energy Policy & Regulation

TANZANIA, SAUDI DEEPEN ECONOMIC TIES.

Tanzania and Saudi Arabia have agreed to strengthen bilateral relations by expanding cooperation in trade, investment, tourism, energy and other strategic sectors following high-level talks in Riyadh. The two countries aim to boost business partnerships and investments through the Tanzania–Saudi Arabia Joint Business Council while enhancing economic and diplomatic ties.

  • 3 months, 2 weeks
Oil & Gas

EGYPT IN TALKS WITH ENERGY MAJORS FOR MULTI-YEAR LNG SUPPLY DEAL, SOURCES SAY

Egypt is negotiating with major energy companies, including Shell, TotalEnergies, BP, and commodities trader Hartree Partners, to secure between 15 and 18 liquefied natural gas (LNG) cargoes each month under contracts lasting three to five years, according to sources familiar with the discussions.

  • 3 months, 2 weeks
Oil & Gas

SOUTH AFRICA: ADNOC’S BILLION-DOLLAR SHELL DEAL RESHAPES FUEL RETAIL LANDSCAPE.

ADNOC Distribution's acquisition of Shell's downstream business in South Africa, valued at approximately US$1 billion, marks one of the country's largest-ever fuel retail transactions.

  • 3 months, 3 weeks
Power Grid

LESOTHO: CHINESE JV STARTS SOLAR PV PLANT EXPANSION.

Construction has begun on the second phase of the state-owned Mafeteng Solar Power Station in Lesotho, a project being developed by a Chinese joint venture.

  • 3 months, 3 weeks
Oil & Gas

MIDDLE EAST OIL RECOVERY OFFERS TANZANIA SOME RELIEF

Lower global oil prices could ease Tanzania's fuel import bill and reduce inflationary pressures if the recovery continues. However, renewed Middle East tensions remain a major risk, with any disruption to oil supplies likely to push fuel prices higher again.

  • 3 months, 3 weeks