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Category: Africa

Category:
  • Libya

Libyan Oil Deadlocked As Clashes Force PM-Designate Out of Tripoli

Libyan prime minister-designate Fathi Bashagha was forced out of the capital Tripoli on Tuesday by armed militias backed by current interim Prime Minister Adbdul Hamid Dbeibah, who refuses to step Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Divestment – TotalEnergies Puts Up 16 Oil Assets in Nigeria for Sale

French multinational oil and gas giant, TotalEnergies has launched the sale of its10 per cent stake in Nigerian joint venture with the Nigerian National Petroleum Company (NNPC) Limited and Shell Continue Reading

Posted On : 18 May 2022 Published By : Tom Whipple
Category:
  • Kenya

Worsening Drought Leaves 3.5 Million Needing Food Aid in Kenya

A family migrates in search of grazing land in Wajir County, Kenya. A worsening drought has left 3.5 million people in need of food aid in Kenya. The number of Continue Reading

Posted On : 16 May 2022 Published By : Tom Whipple
Category:
  • Electricity
  • South Africa

South Africa’s Eskom to resume daily rolling power cuts

South African state power utility Eskom said on Saturday that it would resume power cuts from 5 p.m. (1500 GMT) to 10 p.m. due to loss of some generation capacity. Continue Reading

Posted On : 15 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Scandalous Oil Theft – Nigeria Loses N3.038 Trillion in One Year

THERE are indications that despite the rise in crude oil prices in the international market, Nigeria’s economy may not reap the benefits due to the continued increase in theft and Continue Reading

Posted On : 15 May 2022 Published By : Tom Whipple
Category:
  • Africa
  • Natural Gas Exports

Europe Looks To African Gas To Reduce Dependence On Russian Imports

Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products. Rystad Energy’s… Africa has significant gas production Continue Reading

Posted On : 15 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria’s Oil Output Drops 13.3 Percent to 1.3 Mbpd

The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output at 1.3 million barrels per day, bpd, in April 2022. This showed a decrease of 13.3 percent compared Continue Reading

Posted On : 13 May 2022 Published By : Tom Whipple
Category:
  • Libya

Libya Eyes Offshore Oil Expansion Amid Onshore Force Majeure

Libya is planning to push a key offshore oil and gas project led by Italian Eni and Libya’s National Oil Company (NOC) in a move that could shift some oil Continue Reading

Posted On : 12 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Aviation Fuel – Airline Operators to Get 3 Months’ Supply At N480 – NNPC

Licence to import own Jet fuel The Nigeria National Petroleum Corporation (NNPC) Ltd, airline operators and marketers have resolved on a common ground in the interim to take measures that Continue Reading

Posted On : 11 May 2022 Published By : Tom Whipple
Category:
  • Libya

Libya To Open All Ports When Oil Revenue Dispute Is Resolved

Libya expects to open all its oil loading terminals after it sets up a mechanism for a fair distribution of the country’s oil revenues among the regions, Parliament Speaker Aqila Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Climate
  • Niger

Nigeria: Three Things That Can Go Wrong At an Illegal Oil Refinery in Nigeria

Oil rigs Years of government neglect and unemployment in Nigeria’s Niger Delta region have given rise to a widespread industry of illegally refining stolen oil. It is estimated that about Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria’s NNPC, cenbank tell airlines they cannot help fix jet fuel prices

The head of Nigerian state oil firm NNPC and the central bank governor told the national assembly and the country’s airline association on Monday that they were unable help with Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

African Airlines Join Forces to Stave Off Jet-Fuel Price Crisis

African airlines are clubbing together to negotiate better prices and a steady flow of jet fuel, a move to help stave off a potential crisis caused by supply issues and Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Africa
  • Agriculture

As Wheat Prices Soar, Africa Pivots to Cheaper Alternatives

Wheat sacks in the Ludhiana district of Punjab, India. Global wheat prices are so high that African consumers are starting to ditch the grain from their diet. Food producers in Continue Reading

Posted On : 8 May 2022 Published By : Tom Whipple
Category:
  • Liberia

Liberia Suffers Jet Fuel Scarcity

 Conex Energy Inc., the sole company supplying jet fuel to airlines coming to Liberia has alerted the shortage of jet fuel in the region as a result of the Russia-Ukraine Continue Reading

Posted On : 8 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Is First Nation to Ground Flights as Fuel Costs Soar

 Nigeria will become the first nation to ground flights on Monday as surging prices for aviation fuel make the business unprofitable. Airline operators “will discontinue operations nationwide” until further notice, Continue Reading

Posted On : 8 May 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s Zueitina Port Receives First Oil Tanker After Lifting Force Majeure

Libya’s Zueitina port has received its first oil tanker after temporarily lifting force majeure last week to free up storage space. While Libya’s National Oil Company (NOC) did not issue Continue Reading

Posted On : 6 May 2022 Published By : Tom Whipple
Category:
  • Agriculture
  • Nigeria

Exclusive: Nigeria buys emergency Canadian potash to replace lost Russian supply

Nigeria had to buy emergency supplies of Canadian potash in April after the country was unable to import the key fertilizer from Russia due to the impact of Western sanctions, Continue Reading

Posted On : 4 May 2022 Published By : Tom Whipple
Category:
  • South Africa

Manufacturers’ Mood Darkens After Deadly South African Floods

A gauge measuring South African manufacturing sentiment dropped the most in nine months in April after the worst flooding in almost three decades left more than 400 people dead, damaged Continue Reading

Posted On : 3 May 2022 Published By : Tom Whipple
Category:
  • Ethiopia
  • Somalia

Horn of Africa ravaged by worst drought in four decades

When the last of his 250 goats died, pastoralist Abdullahi Abdi Wali knew it was time to flee what he calls the “worst drought” in his 99 years of life. Continue Reading

Posted On : 3 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Again, Nigeria Cuts Oil Production Losses From Sabotage, Assets’ Breakdowns, Force Majeure in March

Nigeria recorded significantly less oil production losses in the February/March drilling cycle, with shutdowns arising from sabotage, force majeure, crude production assets’ breakdowns and community issues markedly down to 1.69 Continue Reading

Posted On : 3 May 2022 Published By : Tom Whipple
Category:
  • coronavirus
  • South Africa

Covid-19 Live Updates: Beijing News and More

Coronavirus cases are surging again in South Africa, and public health experts are monitoring the situation, eager to know what’s driving the spike, what it says about immunity from previous Continue Reading

Posted On : 2 May 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s NOC appeals for re-opening Zueitina oil terminal due to lack of storage, leakage

Zeuitina was shuttered in mid-April by protestors Libya has declared force majeure on Zeuitina exports It has lost over 500,000 b/d from field, oil terminal shut-ins Libya’s state-owned National Oil Continue Reading

Posted On : 1 May 2022 Published By : Tom Whipple
Category:
  • Nigeria

TotalEnergies Looks To Divest Nigerian Asset, Joining Big Oil Exodus

France’s supermajor TotalEnergies plans to sell its minority stake in an onshore oil-producing joint venture in Nigeria in what will be the latest divestment of Nigerian oil assets by an Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • Agriculture
  • Nigeria

Nigeria: As Indonesia Bans Palm Oil Exports, Nigeria Unable to Seize Lucrative Opportunity

Oil Palm Nigeria was once the world’s largest palm oil producer but today, it produces too little it imports. Indonesia’s surprise ban on palm oil exports offers Nigeria a lucrative Continue Reading

Posted On : 27 Apr 2022 Published By : Tom Whipple
Category:
  • Libya

Libya May Reach Full Oil Production Within Days

Libya’s Oil Minister Oun: Libya could resume full production within days. Libya’s NOC declared a force majeure on 550,000 bpd of its production last week. Libya’s oilfields, under force majeure, Continue Reading

Posted On : 26 Apr 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria in trauma after Imo refinery deaths

Nigeria’s president has said the country is in “shock and trauma” following the deaths of at least 100 people from an explosion at an illegal oil refinery. President Muhammadu Buhari Continue Reading

Posted On : 25 Apr 2022 Published By : Tom Whipple
Category:
  • Algeria
  • Spain

Algeria committed to supply gas to Spain despite tensions: president

 Algeria, Spain embroiled in dispute over Western Sahara Algeria’s Sonatrach may increase gas price paid by Spain’s Naturgy Spain seeking to become a gas hub for Europe Algeria, which is Continue Reading

Posted On : 25 Apr 2022 Published By : Tom Whipple
Category:
  • Algeria
  • Spain

Algeria committed to supply gas to Spain despite tensions: president

 Algeria, Spain embroiled in a dispute over Western Sahara Algeria’s Sonatrach may increase gas price paid by Spain’s Naturgy Spain seeking to become a gas hub for Europe Algeria, which Continue Reading

Posted On : 24 Apr 2022 Published By : Tom Whipple
Category:
  • Algeria

Algeria struggles to meet rising demand for its gas after Russian invasion of Ukraine

This could have been Algeria’s moment: Europe’s efforts to wean itself off Russian gas should have provided the north African country with a golden opportunity to maximise exports and carve Continue Reading

Posted On : 20 Apr 2022 Published By : Tom Whipple
Category:
  • Libya

Libya calls force majeure on exports from Brega port as oil disruption continues

Brega’s closure follows that of Zueitina on April 18 Libya’s largest field Sharara is also shut-in Around 400,000 b/d output is lost due to closures Libya has called force majeure Continue Reading

Posted On : 20 Apr 2022 Published By : Tom Whipple
Category:
  • Tunisia

Tunisia: Ship Carrying 750 Tons of Fuel Sinks Off Coast

Tunisian authorities said they are working to prevent an “environmental disaster” after the Equatorial Guinea-flagged ship sank. A ship carrying 750 tons of fuel sank off Tunisia’s southeastern coast on Continue Reading

Posted On : 19 Apr 2022 Published By : Tom Whipple
Category:
  • Asia
  • Libya

Asia more concerned about oil price fallout from Libyan woes than cargo flows

Asia forecast to need 1.2 million b/d additional crude in 2022 Dependence of leading Asian oil buyers on Libyan crude flows relatively small Thailand one of the most prominent buyers Continue Reading

Posted On : 19 Apr 2022 Published By : Tom Whipple
Category:
  • Libya

Libya halts operations at El Feel oilfield, Zueitina port due to protests

Libya halted oil production from its El Feel oilfield on Sunday and two sources at Zueitina oil port said exports there had been suspended after protesters calling for Tripoli-based Prime Continue Reading

Posted On : 18 Apr 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Inflation Accelerates to Highest This Year at 15.9%

Nigerian inflation quickened in March to its highest in five months on rising food prices, fuel shortages and supply shocks caused by the war in Ukraine. Consumer prices rose 15.9% Continue Reading

Posted On : 16 Apr 2022 Published By : Tom Whipple
Category:
  • East Africa
  • Pipelines

Africa’s Most Controversial Oil Pipeline Is Hanging In The Balance

TotalEnergies’ controversial East African Crude Oil Pipeline is gaining traction, despite environmentalist pushback. The EACOP is expected to be the world’s longest electrically heated oil pipeline, running from Uganda to Continue Reading

Posted On : 15 Apr 2022 Published By : Tom Whipple
Category:
  • South Africa

Heaviest Downpour in Six Decades Shuts Key South African Port

South Africa suspended shipping at its main port in Durban after the heaviest rains in more than six decades and resultant flooding damaged roads leading to the harbor. Operations at Continue Reading

Posted On : 14 Apr 2022 Published By : Tom Whipple
Category:
  • East Africa

East African oil pipeline hits the headwinds

Climate activists are urging more banks and insurers not to back the controversial $5 billion East African Crude Oil Pipeline that is primed to transport oil from the Hoima oilfields Continue Reading

Posted On : 13 Apr 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria’s Oil Production Dips to 1.24m Bpd, Lowest This Year

All is not well in Nigeria’s oil industry as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) stated that oil output dropped to an average of 1.24 million barrels per day Continue Reading

Posted On : 13 Apr 2022 Published By : Tom Whipple
Category:
  • Algeria
  • Italy

Algeria to Expand Natural Gas Exports to Italy by Almost Half

Algeria is set to boost its natural gas exports to Italy by almost 50% with a new deal due to be signed Monday, people familiar with the matter said. The Continue Reading

Posted On : 10 Apr 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria’s electricity grid collapses for the second time in a month

 Nigeria’s national electricity grid has collapsed for the second time in a month, the federal ministry of power said on Saturday, leaving the parts of the country it serves, including Continue Reading

Posted On : 10 Apr 2022 Published By : Tom Whipple
Category:
  • Nigeria

Gasoline Subsidy To Cost Nigeria 10 Times More Than Budgeted

The rising cost of crude oil will increase the cost of Nigeria’s gasoline subsidy by nearly ten times what it had originally budgeted, Nigeria’s President Muhammadu Buhari said in a Continue Reading

Posted On : 9 Apr 2022 Published By : Tom Whipple
Category:
  • Egypt
  • Russia

Egypt’s wheat imports from Russia rose in March despite war

StalkEgypt, often the world’s top wheat buyer, saw a rise in imports of the grain from Russia in March despite supply and payment disruptions following its invasion of Ukraine that Continue Reading

Posted On : 6 Apr 2022 Published By : Tom Whipple
Category:
  • Algeria
  • Italy

Eni CEO Meets Sonatrach Head To Strengthen Algerian Ties

Eni and Sonatrach CEOs have met with the Algerian Prime Minister. Eni and Sonatrach CEOs have met with the Algerian Prime Minister as part of initiatives set to strengthen the Continue Reading

Posted On : 6 Apr 2022 Published By : Tom Whipple
Category:
  • Egypt

Egyptian Economy Displays Damage From Inflationary Pressure

A measure of Egypt’s non-oil economy dropped to the lowest in 21 months as inflationary pressures made worse by Russia’s invasion of Ukraine as well as a weaker currency led Continue Reading

Posted On : 5 Apr 2022 Published By : Tom Whipple
Category:
  • Kenya

Kenya: Fuel Shortage Continues to Bite With Long Queues at Petrol Stations

The countrywide shortage of petrol continued to be felt on Monday despite the Government cautioning players in the market against hoarding the commodity. An immediate impact of the acute shortage Continue Reading

Posted On : 5 Apr 2022 Published By : Tom Whipple
Category:
  • Kenya

Fuel Shortages Hit Kenya as Government Delays Subsidy Payment

 Queues at gas stations in Kenya grew longer over the weekend as delayed payments of subsidies meant to stabilize fuel prices led to gasoline shortages across the East African nation. Continue Reading

Posted On : 4 Apr 2022 Published By : Tom Whipple
Category:
  • Niger

Nigeria Looks To Its Shallow Water Oil Fields To Boost Production

Nigeria has struggled to meet its production goals in recent years. With oil prices remaining above $100 per barrel, Nigeria is eager to ramp up its production. Shallow-water oil fields Continue Reading

Posted On : 3 Apr 2022 Published By : Tom Whipple
Category:
  • Egypt

Egypt Wheat Imports May Fall to 9-Year Low as War Disrupts Trade

Biden: Expect ‘Real’ Food Shortages Due to Ukraine War Egypt, the world’s biggest wheat buyer, is cutting back on purchases as two of its largest suppliers are embroiled in a Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Akwa Ibom Govt Sues ExxonMobil Over Attempt to Sell Assets Without Consent

Akwa Ibom State government has dragged ExxonMobil to court over an attempt to sell off some of its assets without informing it as a critical partner about the intention to Continue Reading

Posted On : 29 Mar 2022 Published By : Tom Whipple

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