On October 9, 2024, Oman signed a liquefied natural gas deal with Japan's Kansai Electric Power, marking its fifth agreement this year. This move strengthens Oman's position in global energy markets as it aims to boost production and secure long-term contracts.
Puma Energy Tanzania has launched a new fuel station in Dege Mtaa, Kigamboni, enhancing local access to energy services and products, including a supermarket and cooking gas refills. District Commissioner Halima Bulembo praised the company for its commitment to improving community access to energy and supporting economic development through partnerships with the government.
Deputy Minister of Energy, Hon. Judith Kapinga, participated in the Africa Oil Week conference in Cape Town, South Africa, focusing on investment opportunities in oil, natural gas, and alternative energy. The event, which also featured key officials from the energy sector, aims to promote collaboration and growth in Africa's energy landscape.
Saudi Arabia has raised the price of its Arab Light crude for Asia by $0.90 per barrel amid market volatility, while simultaneously cutting prices for the U.S. and Europe to regain market share. This pricing shift reflects expectations of stronger demand in Asia and comes in the context of rising oil prices due to geopolitical tensions in the Middle East.
Turkey plans to invest in Sudan's oil, gas, and electricity sectors to address the country's ongoing energy crisis exacerbated by civil conflict. Sudanese officials are actively promoting investment opportunities, particularly in renewable energy projects, signaling a commitment to enhancing energy security and infrastructure.
Deputy Prime Minister Dr. Doto Biteko has urged EWURA to expedite permits for Sky Ruby to establish advanced fuel stations across Tanzania. Sky Ruby aims to enhance fuel access in remote areas with mobile stations offering various fuel types and plans for nationwide expansion.