Via XRG, a report that XRG, the international investment arm of Abu Dhabi National Oil Co., is acquiring a stake in an offshore gas and condensate field in Turkmenistan: XRG expands footprint in Central Asia with a 38% interest in the offshore “Block I” gas and condensate fields in Turkmenistan Partnership with PETRONAS reflects XRG’s […]
Read more »Via The Africa Report, a report why TotalEnergies is now betting on its Mozambique megaproject: Halted since 2021 following a jihadist attack, the Mozambique LNG project is set to resume by mid-2025, announced Patrick Pouyanné, CEO of the French energy giant. There is renewed optimism surrounding TotalEnergies’ massive project in Mozambique. Suspended in 2021 after […]
Read more »Via The Africa Report, an article on why Somalia’s oil deal with Turkiye is facing growing backlash: Billed as a win-win for development, the pact has ignited sharp criticism, with opponents arguing it grants Ankara outsized control and chips away at Mogadishu’s sovereignty. Turkiye’s ambitions in the Horn of Africa have taken a significant leap […]
Read more »Via MSN, a report on Bolivia’s authorization of its state oil company to use cryptocurrency for energy imports: Key Takeaways Bolivia’s state energy firm, YPFB, will use cryptocurrency for energy imports amid a worsening fuel crisis. The country is struggling with declining gas exports and a shortage of foreign currency reserves. Crypto adoption in Bolivia […]
Read more »Via Nikkei Asia, an article on China’s renewed BRI interest in Sri Lanka: Sri Lankan President Anura Kumara Dissanayake will wrap up his inaugural visit to China Friday after securing a landmark investment deal that can help his country’s struggling economy, while adding value to Beijing’s Belt and Road Initiative projects in the strategically-located island. […]
Read more »Via Reuters, a report on a new oil supply deal between Rosneft and Reliance, the largest ever India-Russia oil supply deal: Rosneft to ship 500,000 bpd of various crude grades Biggest India-Russia energy deal ever worth $13 billion a year at current prices Pricing and volumes to be reviewed annually, sources say Agreement strengthens India-Russia […]
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