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TANZANIA: THREE NATURAL GAS WELLS DRILLING TO START SOON.
The drilling of three new natural gas wells at the Mnazi Bay Block in Mtwara is set to begin soon, with preparations more than 90 percent complete and the rig already in place. The project is expected to increase gas production to support electricity generation, industrial activities, and domestic energy use.
- 3 months, 3 weeks
TRUMP SAYS INDIA WILL BUY OIL FROM VENEZUELA AMID GLOBAL ENERGY REALIGNMENT.
U.S. President Donald Trump announced that India is set to resume purchases of Venezuelan crude, marking a major shift in global oil trade flows and energy diplomacy. The move comes as the United States eases sanctions on Venezuela’s oil industry to facilitate exports, while India seeks alternatives to discounted Russian oil amid U.S. pressure and tariff threats. Analysts say the development could reshape regional crude supply patterns, provide new opportunities for Indian refiners, boost Venezuelan revenue, and influence global pricing dynamics. The announcement also signals a broader geopolitical game, with Washington using energy trade as a tool to counter Russian influence, and hints at potential Chinese participation in Venezuelan oil deals.
- 3 months, 3 weeks
AN INDIAN FIRM IS SEEKING TO INVEST IN TANZANIA’S OIL SECTOR.
Indian Oil Corporation Limited is exploring investment in Tanzania’s oil and LPG sector, aiming to meet rising domestic energy demand. The potential partnership could boost local operations, increase fuel supply stability, and support the country’s economic growth.
- 3 months, 4 weeks
TANZANIA IS SET TO SIGN A $42B LNG PROJECT DEAL BY JUNE.
Tanzania expects to sign a $42 billion LNG project agreement before June after concluding commercial negotiations, unlocking massive gas reserves and creating over 100,000 jobs. Despite political and financial challenges, the project could position East Africa as a major LNG export hub serving global markets.
- 4 months
ZANZIBAR MOVES AHEAD WITH 3D OIL SURVEY.
The article explains Zanzibar’s move to revive oil and gas exploration through a 3D seismic survey conducted by AGS, aligned with the government’s blue economy strategy. The survey will provide scientific data to determine whether Zanzibar should proceed with drilling or conclude exploration based on evidence.
- 4 months
U.S. ENERGY SECTOR REELS AS WINTER STORM KNOCKS OUT UP TO 2 MILLION BPD OF CRUDE OUTPUT.
A widespread winter storm sweeping across the United States has severely disrupted the country’s energy supply chain, temporarily knocking out up to 2 million barrels per day of crude oil production and straining natural gas, refining, and power generation systems. Freezing temperatures, snow, and ice forced major producers to shut in wells, halted refinery units, and reduced gas processing capacity, while power outages affected hundreds of thousands of homes and businesses. The event triggered sharp spikes in natural gas and electricity prices and exposed ongoing vulnerabilities in U.S. energy infrastructure, raising fresh concerns about reliability, market volatility, and energy security as extreme weather events become more frequent.
- 4 months
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