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Category: Gas

International Gas News Oil

Zambia Inks $1.1 Billion Deal for Oil Refinery and Energy Hub in Ndola

Zambia to Build $1.1 Billion Oil Refinery in Ndola to Cut Fuel Imports and Boost Exports Zambia has signed a landmark $1.1 billion agreement to construct a crude oil refinery and integrated energy complex in Ndola, located in the country’s Copperbelt Province, the government announced Monday. The project, aimed at reducing Zambia’s heavy reliance on imported fuel, will be developed through a partnership between the state-owned Industrial Development Corporation (IDC) and China’s Fujian Xiang Xin

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Corporate News Gas International

Aliko Dangote Plans to Reduce Cooking Gas Prices in Nigeria by Bypassing Distributors

Aliko Dangote Vows to Cut Cooking Gas Prices, May Sell LPG Directly to Nigerians Aliko Dangote, President of the Dangote Group, has unveiled plans to reduce the cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, across Nigeria. He warned that if distributors continue to inflate prices, his company will begin selling directly to consumers. Dangote made this announcement during a recent tour of the Dangote Refinery in Lekki, Lagos, attended by both

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Corporate News Gas International

Eni Ghana and Partners Boost Gas Processing Capacity to 270 MMSCFD, Enhancing National Energy Security

Eni Ghana Expands Gas Processing Facilities to 270 MMSCFD, Supporting Cleaner Energy and Power Supply Eni Ghana, together with its partners Vitol Upstream Ghana Ltd and the Ghana National Petroleum Corporation (GNPC), has successfully expanded its gas processing facilities, increasing capacity to 270 million standard cubic feet per day (MMSCFD). This expansion is a vital step toward strengthening Ghana’s energy security and accelerating the country’s transition to cleaner energy sources. Since its launch in 2018,

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International Gas News Oil

DRC and Tanzania Deepen Energy Ties with New Joint Committee on Oil and Gas

DRC and Tanzania Strengthen Oil and Gas Cooperation with Joint Technical Committee and Updated MoU The Democratic Republic of the Congo (DRC) and Tanzania have agreed to establish a joint technical committee to enhance collaboration in the oil and gas sector. The announcement followed a bilateral meeting held on July 8 between Aime Sakombi Molendo, the DRC’s Minister of Hydrocarbons, and Dr. Doto Biteko, Tanzania’s Deputy Prime Minister and Minister of Energy. The newly formed

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Local Gas News

Angola Discovers Over 1 Trillion Cubic Feet of Gas in Gajajeira-01 Well

Angola Celebrates Major Gas Discovery in Gajajeira-01 Well and Expands Energy Development Efforts Angola has achieved a major milestone in its natural gas sector with the discovery of significant gas reserves in the Gajajeira-01 well, located offshore in Block 1/14 in the Lower Congo Basin. The announcement was made jointly by the National Agency of Petroleum, Gas, and Biofuels (ANPG) and Azule Energy. Azule Energy, the operator of Block 1/14 with a 35% stake, partners

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Gas Exploration International News

Egypt to Launch New Gas Exploration Licensing Round in August

Egypt to Offer Offshore and Onshore Gas Exploration Blocks to International Firms in August Egypt is set to allocate a new round of gas exploration blocks to international energy companies in August, as part of its ongoing strategy to boost natural gas production and attract foreign investment into the country’s energy sector. The upcoming concessions include large onshore and offshore areas, primarily located in the northern and northeastern regions, with significant portions situated in the

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International Corporate News Gas

TotalEnergies Moves to Restart Major Gas Project in Northern Mozambique

TotalEnergies SE is taking significant steps to restart its long-stalled natural gas project in northern Mozambique, following years of delay due to a violent insurgency in the region. The French energy giant has issued formal notifications to contractors, instructing them to begin site preparations. Companies involved in the project have started mobilizing personnel and equipment, signaling a gradual return to full operations. Among those notified is Portuguese construction firm Mota-Engil, which, in partnership with Belgian

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International Gas News

Coral Sul LNG Platform to Contribute $16 Billion to Mozambique Over 30-Year Lifespan

Over its projected 30-year operational lifespan, the Coral Sul floating liquefied natural gas (LNG) platform is expected to contribute approximately 16 billion US dollars to the Mozambican state through taxes and fees. This estimate was revealed on Tuesday during a media visit to the Coral Sul platform, organized by Mozambique’s Ministry of Mineral Resources and Energy. Operated by Italian energy company ENI, the platform is managed locally by ENI Rovuma Basin. During the visit, ENI

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International Gas News

Egypt Boosts Zohr Gas Output by 60 Million Cubic Feet Daily After Successful Redrilling

Egypt has increased natural gas production at the Zohr field by 60 million cubic feet per day following the successful redrilling of the Zohr-6 well, according to the Ministry of Petroleum and Mineral Resources. With Zohr-6 now complete, drilling operations have moved to the Zohr-13 well, which is expected to add a further 55 million cubic feet per day to production, based on technical assessments. These developments represent a significant step forward in enhancing Egypt’s

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International Gas News

Egypt Awards Six New Gas Exploration Blocks to Boost Sector Investment

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new oil and gas exploration blocks to a group of international energy companies, marking a strategic push to attract more foreign investment into the country’s natural gas sector. The awarded areas include four offshore blocks in the Mediterranean Sea, offered through the 2024 international bid round via the Egypt Upstream Gateway (EUG), and two onshore blocks located in the Nile Delta and North Sinai. These

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