Masdar, Fertiglobe eye major green Hydrogen plant in Abu Dhabi

Emirati companies Fertiglobe and Masdar, along with French firm ENGIE, are in discussions to establish a major green hydrogen plant in Abu Dhabi The proposed plant would have a production capacity of 100 to 200 megawatts. The green hydrogen initiative is part of Fertiglobe’s ambitious agenda for the upcoming COP28 climate summit, scheduled to take place in the UAE later this year. According to Fertiglobe CEO Ahmed El-Hoshy, the company is currently assessing additional projects aimed at green hydrogen and blue

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Shell, Equinor to begin engineering work on Tanzania‘s $42 billion LNG project

Shell and Equinor will begin engineering work on their $42 billion Tanzania LNG project after signing key agreements. Following the deals, the two European manors will kick off engineering work on a project that will produce about 10 million-15 million tonne per annum LNG plant on the coast at Lindi. “Equinor, Shell, their partners, together with the Tanzanian government have now concluded negotiations on important agreements that will help progress the Tanzania LNG project towards an investable and globally competitive

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Addressing Delays in the Name of Progress: The State of Play of African Oil and Gas

Historically, oil and gas projects have been known to experience delays ranging from 5% to 20% of the project duration due to project complexity, significant capital requirements, and the multi-faceted nature of developments. In 2023, oil and gas projects across Africa are experiencing even further delays, a trend detailed in the African Energy Chamber’s (AEC) recent market-focused report, The State of African Energy Q1, 2023 Outlook. The report paints a revealing picture of the challenges

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Guinea’s Energy Minister to Speak at MSGBC Oil, Gas & Power Conference

H.E. Aly Seydouba Soumah, the Minister of Energy, Hydroelectricity, and Hydrocarbons of Guinea Conakry, will deliver a speech at the MSGBC Oil, Gas & Power 2023 conference and exhibition in Mauritania. His presentation will focus on highlighting the opportunities available in the sector. The MSGBC Oil, Gas & Power 2023 Conference, set to take place in Mauritania on November 21-22, will feature the inaugural keynote address by Aly Seydouba Soumah, the Minister of Energy, Hydroelectricity,

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Brent for July delivery drops to $74.94

The price of a barrel of Brent oil, which serves as a reference for Angolan exports for delivery in July, ended this Thursday 11th May on the London futures market down 1.39%, to US$74.94. The price of Brent lost ground despite it being known that OPEC forecasts a growth in global oil demand of 2.3% in 2023, to a total of 101.9 million barrels per day. The industrialized countries of the Organization for Economic Cooperation

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Petrobras increases sales volume to Europe to 26%

The Brazilian oil company Petrobras reduced, in 2022, oil sales to China from 56 percent of total exports to 42 percent, while increasing volumes destined for Europe, from 14 to 26 percent. According to a report on the results of the first quarter of this year, the Brazilian state-owned company reported that, over the last few years, it has been implementing a “constant search for global opportunities and development of new customers”. decisive for it

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Diavik diamond mine: Rio Tinto celebrates 20 years of production

Rio Tinto is celebrating 20 years of production from its Diavik diamond mine in the Northwest Territories of Canada. The Diavik diamond deposit was discovered in the 1990s as part of the largest mineral prospecting rush in Canadian history. Commercial production at Diavik began in 2003, and since then Diavik has produced over 140 million carats of rough diamonds through a combination of surface and underground mining. The Diavik production comprises predominantly white gem-quality diamonds

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De Beers Group and GIA boost consumer confidence in natural diamonds

GIA, (Gemological Institute of America) will join Tracr, the world’s only distributed diamond blockchain platform that starts at the source of natural diamonds. GIA’s participation in Tracr will see the world’s leading diamond grading laboratory include an immutable record of the provenance of polished natural diamonds in its diamond grading reports for the first time as the industry continues to progress towards a unified approach for provenance assurance. Consumers purchasing a diamond traced from the

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Invictus Energy strikes oil, gas and helium at Cabora Bassa project in Zimbabwe

Australian oil and gas exploration company Invictus Energy has announced the discovery of light oil, gas condensate and helium at its Cabora Bassa project, located in the northern province of Zimbabwe.   The discovery follows the analysis of mud gas collected from the drilling of the Mukuyu-1 well in late 2022, which identified 13 hydrocarbon bearing zones. “Results from the mud gas compositional analysis definitely proves the presence of hydrocarbons in multiple reservoir pay zones

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South Africans ask UK to return diamond in Charles’ crown jewels

The world’s largest diamond, discovered in South Africa in 1905, was given to the British monarchy two years later and has been in its possession since. Some South Africans are calling for the United Kingdom to return the world’s largest diamond, known as the Star of Africa, which is set in the royal sceptre that King Charles III will hold at his coronation on Saturday. The diamond, which weighs 530 carats, was discovered in South

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