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Oil & Gas

TotalEnergies sells 40% stake in offshore Angola for $400 million

TotalEnergies, the global oil and gas supermajor, has announced the completion of the sale of a 40% stake in Block 20, located in the...

Ethiopia’s gas prices soar as government ends subsidy

Ethiopia's gas prices have soared as the government ends its subsidy, leaving many Ethiopians struggling to cope with the increased cost of living. The Ministry...

South Sudan and Russia forge stronger energy ties

South Sudan and Russia have agreed to strengthen their energy ties, particularly in the oil sector, as South Sudan looks to recover from the...

Uganda’s crude oil pipeline project secures massive financing

Uganda's ambitious crude oil pipeline project has secured much-needed financing from Chinese lenders, after financiers from the West backed out due to opposition from...

How Africa is Leading the Global FLNG Market

Africa is emerging as a leader in the global Floating Liquefied Natural Gas (FLNG) market boom. According to research firm Wood Mackenzie, the continent...

Ethical Problems Surrounding the East African Crude Oil Pipeline

The East African Crude Oil Pipeline has become a subject of heated debate and controversy in recent months. French fossil fuel company TotalEnergies' investment...

Italian energy giant Eni plans to invest $7.7 billion in Egypt

Italian energy giant Eni has announced plans to invest a whopping $7.7 billion in Egypt over the next four years. The CEO of Eni, Claudio...

How the Gabon Coup Impacts global oil markets

The recent coup in Niger has sent shockwaves through the international community, and now it has spread to Gabon. Military leaders in Gabon have...

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