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Category: Energy
Chinese oil firm loans Niger $400 million
China National Petroleum Corporation (CNPC) agreed to offer a loan of 400 million dollars to the Niger government, which is struggling with the impact of ... Read More
Namibia eyes OPEC membership as large-scale oil production looms
Namibia has announced its plan to join the OPEC “family” which comes at a time when the southern African nation gears up to potentially become ... Read More
Nigeria’s oil output plummets on pipeline dysfunctions
Nigeria’s oil production shrunk to 1.23 million barrels per day in March with authorities blaming pipeline problems and maintenance issues. OPEC said Nigeria produced 1.32 ... Read More
Senegal’s new govt to audit oil, gas, mining industries, pledging to protect investor rights
Senegal will conduct a comprehensive audit of the oil, gas and mining sectors, according to the newly elected President Bassirou Diomaye Faye, who, however, also ... Read More
Green Hydrogen: OCP & Fortescue Energy join forces to supply Moroccan, European & International markets
Morocco’s state-owned OCP Group and Australian Fortescue Energy have announced a Joint Venture (JV) destined to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, ... Read More
EU’s Critical Raw Materials Act aimed at breaking China’s grip on Africa — study
The European Union’s recently agreed-upon Critical Raw Materials Act (CRMA) does not target China but is aimed “simply diversifying sources of supply,” a senior EU ... Read More
Morocco officially picks Nador port for LNG import terminal
The Moroccan government plans to develop a liquified natural gas (LNG) infrastructure in the northeastern port of Nador, currently under construction. The announcement came in ... Read More
South Sudan’s disrupted oil exports due to Sudan’s civil war could escalate insecurity
The disruption of oil exports from South Sudan after one of its key oil pipelines to international markets was damaged in February could further escalate ... Read More
Tripoli government suspends oil minister
The Libyan government based in Tripoli suspended oil minister Mohamed Oun, as investigations are ongoing into his involvement in alleged corruption, a Libyan watchdog known ... Read More
Mauritania poised to be Africa’s growth champion thanks to extractive economy
Mauritania is expected to report the highest growth rate in Africa by 2025 at 14.5% as the west African country taps into newly found gas, ... Read More