Blog
NIGERIA: DANGOTE'S 'MONSTER' REFINERY FUELS FIGHT OVER GASOLINE SUBSIDIES.
The start of gasoline production at Aliko Dangote’s oil refinery in Nigeria is pushing the government closer to removing costly fuel subsidies that have long burdened the economy, despite fears of public backlash. Both Dangote and the government are engaged in negotiations over pricing and supply, as the country seeks to stabilize its fuel market amidst ongoing economic challenges.
- 2 years, 1 month
EQUINOR DISCOVERS OIL AND GAS IN THE NORTH SEA: SECOND FIND IN A WEEK.
Equinor has announced a significant oil and gas discovery in the northern North Sea, with estimated resources of about 56 million barrels, although current market conditions render it "unprofitable." This follows another recent find of 16 million barrels, highlighting ongoing exploration successes in the region despite economic challenges.
- 2 years, 1 month
TURKEY AND TOTAL ENERGY: LNG PARTNERSHIP BOOSTS ENERGY SECURITY.
Turkey's long-term LNG agreement with TotalEnergies aims to enhance energy security by diversifying its energy sources and reducing dependence on conventional gas imports. This partnership not only strengthens Turkey's position as a regional gas hub but also provides European countries with alternative gas supplies, bolstering their energy resilience amid geopolitical uncertainties.
- 2 years, 1 month
TOTALENERGIES AND AIR FRANCE-KLM: A LANDMARK AGREEMENT FOR SUSTAINABLE AVIATION FUEL.
TotalEnergies signed a 10-year agreement to supply Air France-KLM with 1.5 million tons of sustainable aviation fuel (SAF) through 2035. The agreement expands a previous deal and strengthens both companies' efforts to reduce aviation's carbon footprint.
- 2 years, 1 month
TANZANIA: DR. BITEKO ORDERS KIGOMA TO BE CONNECTED TO THE NATIONAL GRID BY 2025.
Tanzanian Deputy Prime Minister Dr. Doto Biteko has ordered the swift connection of Kigoma to the national grid by the end of 2024 to eliminate dependence on diesel generators and improve electricity access. During this initiative, he also highlighted substantial investments in energy projects and local infrastructure to support the region's development.
- 2 years, 1 month
SHELL TO SHUT PRODUCTION AT TWO OIL FACILITIES IN GULF OF MEXICO.
Shell is temporarily shutting down production at its Stones and Appomattox facilities in the Gulf of Mexico and evacuating non-essential personnel due to a tropical disturbance that has a 50% chance of becoming a cyclone. The U.S. National Hurricane Center has warned that conditions are favorable for the disturbance to develop into a tropical depression or storm in the coming days.
- 2 years, 1 month
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