Africa
Global News December 2024
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
Algeria’s Sonatrach Contains Fire at Alrar Gas Processing Complex
Algeria’s Sonatrach reported that a fire at the Alrar gas processing complex was contained, with no impact on oil production or international shipments. Investigations into the cause are ongoing.
Eni Launches Second Floating LNG Unit for Congo, Set for 2025 Deployment
Italy's Eni launches its second floating LNG facility, Nguya FLNG, to boost Congo's liquefaction capacity to 3 MTPA by 2025, enhancing offshore LNG exports.
Nigeria Launches New Utapate Crude, Targets Doubling Output by 2025
Nigeria is seeking term customers for its new crude oil grade Utapate and is aiming to double output by the end of 2025 from 40,000 barrels per day, state-owned NNPC and venture partner Natural Oilfield Services said at the grade's official launch.
NNPC Signs 10-Year Deal to Supply Gas to Dangote Refinery
Nigeria's state oil firm, NNPC Ltd. said on Wednesday one of its subsidiaries has agreed to supply 100 million standard cubic feet of gas per day to the Dangote oil refinery for the next 10 years.
Trump Prepares to Withdraw from Paris Climate Agreement, NYT Reports
U.S. President-elect Donald Trump's transition team prepares executive orders to withdraw from the Paris climate agreement, end the LNG export pause, and revoke California's pollution waiver, according to the New York Times.
Angola LNG Weighs Adding Capacity as Gas Output Grows
Angola LNG is exploring expansion options, including a mini train addition, as new gas supplies from Chevron and the New Gas Consortium are expected to bring the plant to full capacity in the coming year.
Kenya, Uganda Reviving Oil Products Pipeline Effort
Kenya and Uganda have begun negotiations on the possible revival of the stalled refined oil pipeline extension project from Eldoret in western Kenya to Uganda’s capital Kampala, where a new dedicated terminal receipt facility is be constructed.
Exxon Targets First LNG from $30 Billion Mozambique Project by 2030
Exxon Mobil projects the first LNG output from its $30 billion Mozambique project by 2030, with early site work slated to begin next year. The final investment decision is expected in 2026.
Global News November 2024
Stay informed with the latest industry news and developments in the midstream sector. From pipeline projects to regulatory updates and company announcements, P&GJ's Global News column brings you the most important insights from around the world.
Egypt and Eni Seek Moves to Support Gas Production
Egypt's president met with Eni CEO to discuss moves aimed at supporting gas production, after the African country was forced to turn to the liquefied natural gas (LNG) market to cover domestic demand.
Engie and Morocco’s OCP Deal for Green Hydrogen, Renewables Worth $18 Billion in Investments
Morocco's OCP and French energy firm Engie signed a preliminary agreement on Monday for Moroccan projects worth up to $18 billion in possible desalination, renewable energy and green hydrogen investments.
Equinor Reaffirms Commitment to $42 Billion Tanzania LNG Project
Norway's Equinor remains committed to a $42 billion liquefied natural gas (LNG) project in Tanzania that has stalled after proposed government changes to a financial agreement reached last year, a senior company executive said on Tuesday.
Shell Expands Gas Distribution Network in Nigeria
Shell plc’s Nigerian business, Shell Nigeria Gas (SNG), has struck a deal with a regional government in the country to develop a new gas distribution network to boost consumption by commercial and industrial entities for increased business performance.
Exxon’s $1.28 Billion Asset Sale to Seplat Nears Approval, Says Nigerian President
Nigeria is struggling to raise output of oil, its biggest export earner, mainly due to theft of crude and pipeline vandalism in the Niger Delta, forcing companies like Exxon and Shell to look to deepwater projects for expansion.
P&GJ’s Europe 500 Report of Top Pipelines
The following is a list of some of the longest transportation routes on the continent of Europe as of July 2024. This third such report will be broken down into two sections: gas and liquids (oil and products), which will be updated in each of our September issues going forward.
Eskom, Sasol Team Up to Explore LNG as South Africa Seeks Cleaner Energy
South African petrochemicals company Sasol and state power utility Eskom said on Friday they had agreed to jointly explore ways the country could use liquefied natural gas (LNG).
South Sudan Ready to Resume Oil Exports Through Sudan
South Sudan and Sudan have made progress towards restarting the pumping of South Sudan's crude oil through a pipeline running to a port in its neighbor, South Sudan's finance minister and the president's office said.
Egypt Snaps Up 20 LNG Cargoes Amid Tight Market, Defying Price Predictions
Egypt has bought 20 cargoes of liquefied natural gas (LNG) via the first tender issued to cover its winter demand since 2018, securing full volumes it was seeking at smaller than expected premiums, trading sources told Reuters on Friday.
Dangote Refinery Starts Gasoline Processing, NNPC Set as Exclusive Buyer
The $20 billion refinery on the outskirts of Lagos, built by Nigerian billionaire Aliko Dangote, began operations in January with output of products including naphtha and jet fuel.
Transnet Posts Larger Loss Amid Pipeline Litigation Costs
South African state-owned logistics group Transnet made a larger loss than the previous year of $408 million in the year to end-March 2024 as it battles litigation over pipeline charges, it reported on Monday.
Nigeria's NNPC Expands LNG Shipments to China and Japan
State-owned Nigerian oil company NNPC has expanded shipments of liquefied natural gas (LNG) cargoes to a port in China after its first delivery to Japan in June, it said on Monday.
Niger Resumes Oil Exports via Benin After Suspension Amid Dispute
Landlocked Niger has resumed crude oil exports via Benin after a dispute between the countries halted the flow of oil through a new Chinese-funded pipeline to the West African coast, according to a pipeline company agent and ship tracking data on Wednesday.
Global News August 2024
Latest industry developments from around the world!
Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
Ghanaian President Nana Akufo-Addo has broken ground on the construction of a 300,000 barrel-per-day oil refinery that the government hopes will turn the West African country into the region's petroleum hub, but critics say the project is flawed.
U.S. Oil Export Growth Slows as Output and Global Demand Wane
U.S. crude oil export gains should plateau in 2024 after years of strong growth, with domestic output expected to increase by the smallest amount since the pandemic at a time when global oil demand remains sluggish.
Nigeria, Equatorial Guinea Ink Deal for $25 Billion Gas Pipeline Project
That project is expected to cost $25 billion and have a capacity of 30 billion cubic meters per year, to be completed in three phases as it links up to existing infrastructure.
Libya’s Waha Oil Loses 115,000 bbl/d Due to Pipeline Maintenance
Libya's Waha oil company's production was reduced by 115,000 barrels per day due to maintenance on the pipeline pumping oil from the Waha field to Es Sider port, a company source told Reuters on Wednesday.
Nigerian Army Destroys 27 Illegal Refineries, Seizes 100,000 Liters of Stolen Oil
Nigerian army troops have destroyed at least 27 illicit refining sites and seized stolen crude oil following raids this week on illegal oil bunkering sites in the Niger River delta, an army spokesperson said on Wednesday.
Karpowership Unveils $1 Billion LNG-to-Power Project to Boost South African Energy Grid
Karpowership has revealed plans to invest $1 billion in LNG-to-power infrastructure. This project, based in Mozambique, aims to provide reliable electricity to the South African Power Pool (SAPP), benefiting up to 5 million people.
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- Diversified Energy Closes $42 Million Summit Natural Resources Acquisition
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
- Editor’s Notebook: Fire Fuels Pipeline Concerns
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
