Rwanda is exploring an investment in Aliko Dangote’s planned $16 billion oil refinery in Lamu, Kenya, as the country looks to strengthen its energy security and secure more reliable access to…
Rwanda is in preliminary discussions to acquire an equity stake in Aliko Dangote’s planned $16 billion oil refinery in Lamu, Kenya, as the East African country seeks to strengthen its long-term…
Norwegian shipping company Hunter Group has secured record spot earnings of around $666,000 per day for two chartered-in Very Large Crude Carriers (VLCCs), as extreme Middle East tensions and disruption around the…
Japan is preparing a major energy diversification strategy as the ongoing Middle East crisis exposes the risks of the country’s heavy dependence on oil and gas supplies from the region.The…
🇮🇳 India’s crude import bill is surging as the Iran war disrupts Middle Eastern oil supplies and drives up shipping costs.Freight rates from Saudi Arabia’s Ras Tanura to India have…
Equinor is targeting a potentially major oil discovery offshore Namibia, after entering the country’s fast-growing Orange Basin exploration play. The Norwegian energy major has acquired a 17.4% stake in PEL…
Petrobras has identified hydrocarbons in the Morpho exploration well offshore Amapá, its first discovery in the area. The ultra-deepwater well, in the Foz do Amazonas Basin, is still being drilled,…
Chevron has announced a new oil and gas condensate discovery offshore Angola, adding to its growing exploration momentum across Sub-Saharan Africa. The discovery was made by Chevron subsidiary Cabinda Gulf…
SLB has secured a new contract with Brunei Shell Petroleum to help restore production from shut-in wells across mature offshore fields.The integrated programme will cover well evaluation, candidate selection, engineering,…
Chevron is expanding its exploration push across Sub-Saharan Africa, with the latest Angola discovery adding to a broader regional growth strategy. The company currently produces around 300,000 boe/d net in the region…