Sinopec will increase crude oil purchases from Brazil, Africa and other regions as it seeks to mitigate supply disruptions caused by the conflict in the Middle East, company executives said on Monday following the release of its interim results.
Iraq is aiming to more than double its oil production within the next six years, targeting between 8 million and 10 million barrels per day (bpd), compared with around 4 million bpd before the Iran war.
Nigeria’s Dangote Group has offered East African countries a 30% stake in its proposed mega-refinery in Kenya, according to David Ndii, chair of Kenyan President William Ruto’s Council of Economic Advisers.
Chevron said on Monday it had discovered oil and gas condensate at an exploration well in Block 0, offshore Angola, as the energy major continues efforts to boost production in sub-Saharan Africa through infrastructure-led exploration.
Hungarian authorities are preparing emergency measures to address critically low water levels in the Danube River, which are affecting operations at the Paks Nuclear Power Plant, the country’s main nuclear facility.
Malawi has continued to expand its renewable energy generation capacity through the development and commissioning of utility-scale solar PV projects, particularly in Salima, Dedza and Nkhotakota. Key projects include the 60 MW Salima Solar PV plant in Salima, the 20 MW Golomoti Solar PV plant with a 5 MW battery energy storage system (BESS) in Dedza, and the 21 MW Serengeti Solar PV plant in Nkhotakota.