Blog
KARPOWER COMMISSIONS AFRICA’S FIRST LNG-TO-POWER PLANT.
Karpowership, in partnership with Mitsui O.S.K. Lines under the KARMOL joint venture, has launched Africa’s first LNG-to-power project, marking a significant milestone in the continent’s energy sector.
- 1 year
OPEC PROJECTS ‘VERY STRONG’ THIRD-QUARTER OIL DEMAND.
OPEC, together with its allies in the OPEC+ group, is preparing for a notable increase in oil output as it anticipates “very strong” demand in the third quarter of 2025.
- 1 year
AFRICA’S OIL AND GAS LICENSING SURGE: UNLOCKING ENERGY POTENTIAL.
Africa is poised for a major wave of investment in its oil and gas sectors, driven by a series of licensing rounds scheduled for 2024 and 2025. These initiatives, detailed in the African Energy Chamber’s State of African Energy 2025 Outlook Report.
- 1 year, 1 month
OIL PRICES RISE AS MARKETS ANTICIPATE TRUMP’S RUSSIA STATEMENT AMID SUPPLY AND DEMAND UNCERTAINTIES.
Oil prices nudged upward on Monday, continuing last week’s gains as markets anticipated key geopolitical developments, especially a forthcoming statement from U.S. President Donald Trump regarding Russia. Traders are weighing the potential impact of fresh U.S. and EU sanctions on Russian oil exports, which could tighten global supplies just as summer demand surges. Meanwhile, Saudi Arabia’s unexpected increase in crude output has added uncertainty to the supply side, raising questions about OPEC+ unity and compliance. China’s strong import numbers signal resilient demand from Asia’s largest economy, but high storage levels may eventually push excess supply into Western markets, softening prices. In the background, global investors are also watching U.S. tariff talks that could influence broader economic momentum and energy consumption trends. This mix of political maneuvering, shifting production strategies, and demand signals from major economies is setting the stage for heightened volatility in oil markets.
- 1 year, 1 month
EWURA AND PAU INSPECT EACOP INFRASTRUCTURE IN IGUNGA AND NZEGA.
EWURA and PAU conducted a joint inspection of EACOP infrastructure in Igunga and Nzega, confirming that the project is progressing well and in line with international standards. They emphasized strict regulatory oversight to ensure environmental protection and national benefit.
- 1 year, 1 month
LOCAL PARTICIPATION IN OIL AND GAS SECTOR HITS 85%, PURA REPORTS.
Tanzania has reached 85% local participation in its oil and gas sector, driven by government policies, education investments, and strategic partnerships to empower local professionals. PURA says this shift marks a move toward a sustainable, inclusive energy industry where Tanzanians are central to developing the country’s natural gas resources.
- 1 year, 1 month
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