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EAST AFRICA PIPELINE MOVES CLOSER TO COMPLETION.
The East Africa Crude Oil Pipeline (EACOP) is now 64.5% complete and will soon become the world’s longest heated oil pipeline, transporting crude from Uganda through Tanzania to international markets. TotalEnergies and its partners plan to start exports at 216,000 barrels per day, later increasing to 246,000 barrels per day.
- 11 months, 2 weeks
CHINA SEEKS MORE RUSSIAN GAS VIA EXISTING PIPELINE AS NEW PROJECT STALLS.
China is exploring the possibility of ramping up natural gas imports from Russia through the existing Power of Siberia 1 pipeline, even as negotiations stall over the multibillion-dollar Power of Siberia 2 project. With energy cooperation high on the agenda ahead of Vladimir Putin’s upcoming meeting with Xi Jinping, the move underscores how Moscow is seeking to offset the collapse of European markets, while Beijing balances its growing domestic production and renewable energy expansion against geopolitical risks. The talks highlight the shifting dynamics of global energy flows as Russia turns further toward Asia amid Western sanctions.
- 11 months, 2 weeks
IRAQ REPORTS PROGRESS IN BORDER OILFIELD DISPUTE WITH KUWAIT.
Iraq and Kuwait have made significant progress in their long-standing negotiations over the shared production of border oilfields, according to Iraqi Oil Minister Hayan Abdul Ghani.
- 11 months, 2 weeks
SHARES IN OMAN’S OQEP RECOVER AFTER POOR DEBUT
Shares in Oman’s OQ Exploration and Production (OQEP) rebounded on Tuesday following a sharp slump during their debut on the Muscat Stock Exchange a day earlier.
- 11 months, 2 weeks
QATAR’S AL MANSOUR TO INVEST $20BN IN MOZAMBIQUE.
Qatari investment firm Al Mansour Holding has signed a $20 billion partnership agreement with Mozambique to support sectors the government is prioritising including energy and agriculture, President Daniel Chapo’s office said.
- 11 months, 2 weeks
ADNOC SIGNS 15-YEAR LNG SUPPLY DEAL WITH INDIANOIL.
Abu Dhabi National Oil Company (Adnoc) has signed a 15-year agreement to supply liquefied natural gas (LNG) to Indian Oil Corporation (IndianOil), one of India’s largest energy firms.
- 11 months, 2 weeks
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