On Wednesday, November 5, 2025, Senegal’s Minister of Energy, Petroleum and Mines, Birame Soulèye Diop, has announced plans for the completion of a national gas pipeline by 2027. Speaking in Diamniadio during the 8th edition of the Senegal International Mining Exhibition, Mr. Diop said the project aims to transport natural gas across the country, linking […]
Tag: petroleum
Tunisia Cites Financial Strains and Supply Challenges in Al Borma Oil Output Decline
Tunisia’s Ministry of Industry, Mines, and Energy has clarified that the decrease in production at the Al Borma oil field stems largely from a natural annual decline of approximately 8 percent, compounded by operational hurdles linked to the financial difficulties of the Italo-Tunisian Petroleum Exploitation and Distribution Company (SITEP). Responding to a parliamentary inquiry by […]
Egypt Strengthens Gas Supply Measures Amid Record Power Demand and Heatwave Pressures
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has affirmed the government’s commitment to ensuring a stable and sustainable supply of natural gas this summer, particularly for the electricity and industrial sectors. His remarks came during an inspection of the National Advanced Transmission and Automation Centre (NATA), as the country faces soaring electricity loads […]
Morocco to expand petroleum product storage capacity to 1.8 Million m³ by 2030
Morocco will expand its petroleum product storage to 1.8 million cubic meters by 2030, which would cover an additional 41 days of national consumption, Morocco’s Minister of Energy Transition and Sustainable Development Leila Benali said. Benali, speaking before the Upper House, explained that the investment cost of these projects is 5 billion dirhams, which is […]
Nigeria commissions Africa’s largest oil refinery in bid to end fuel imports
Nigeria on Monday (22 May) commissioned the Dangote Refinery billed as Africa’s largest oil refinery, amid hopes of transforming the West African country into a net exporter of petroleum products, though doubts persist that securing crude supplies could delay achieving full production this year. The new refinery, owned by Africa’s riches man Aliko Dangote, was […]
Niger suspends transit of oil products to Mali amid deteriorating ties
Nigeriens authorities have suspended transit of oil products to neighboring Mali as diplomatic relations between two countries further go downward. “I have the honor to inform you of the suspension of transit authorizations for petroleum products in Mali not intended for the MINUSMA granted to users,” a circular signed by the Director General of Customs […]
Fresh financing deal: Egypt gets $1.5 billion from ITFC to finance petroleum & basic commodities imports
The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. Hani Sonbol, ITFC CEO announced the agreement to Bloomberg Asharq adding that the amount includes $800 million for petroleum imports and $700 million for basic commodities. The new deal is […]
South Sudan to produce 350,000 bpd by 2020
South Sudan is planning to increase oil production to 270,000 bpd by the end of 2019, the country’s Minister of Petroleum and Mining, Ezekiel Lol Gatkuoth said. Speaking on the sidelines of a conference in India last weekend, the minister said South Sudan is working to return to its pre-war production levels of 350,000 bpd […]
Converting Debt to Shares, a Possible Scenario to Save Morocco’s Sole refinery
Creditors of Morocco’s sole refinery, Samir, are putting on the table the alternative of converting the massive 43-billion-dirham debt ($4.55 billion) into shares, a move that entails giving creditors a say in the board of trustees, Moroccan media reported on July 11. After an appeals court in Casablanca upheld a ruling placing the refinery into […]
Libya: ISIS attacks Ras Lanuf, warns of more assaults
Libya’s oil sector suffered a major attack on Thursday as the Islamic State group destroyed oil storage tanks at Ras Lanuf port after its successive attacks to take over the port failed. National Oil Corporation (NOC) stated that areas around the terminal are dealing with an “environmental catastrophe” with the fire services unable to access […]









