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KENYA TO EXIT OIL IMPORT DEAL WITH GULF COMPANIES: "DISTORTIONS IN FOREX MARKET.
Kenya plans to exit its oil import deal with Gulf countries due to unmet goals and market distortions. The government aims to return to the open tendering system for more stability.
- 1 year, 11 months
HYDROGEN MARKET GAINS MOMENTUM THROUGH GLOBAL AUCTIONS AND INVESTMENTS.
Hydrogen projects in Europe are delayed due to regulatory and financial challenges, but global efforts, including auctions by H2Global, are helping create a market for green hydrogen. These auctions aim to secure long-term contracts and reduce risks, attracting more investment in the sector.
- 1 year, 11 months
TANZANIA: EWURA ANNOUNCES NEW PETROLEUM PRICE CAPS FOR TANZANIA, EFFECTIVE NOVEMBER 2024.
EWURA has set new cap prices for petroleum products in Tanzania, effective from 6th November 2024, based on global oil trends and exchange rate changes. Retailers must comply with these prices, display them clearly, and issue receipts for all transactions.
- 1 year, 11 months
RUSSIA CONTINUES OIL AND GAS SUPPLIES TO SEVERAL EU STATES.
Russia continues to supply oil and gas to some European countries, but future cooperation depends on negotiations with European nations and Ukraine, especially regarding the expiring gas transit contract through Ukraine.
- 1 year, 11 months
TANZANIA ANNOUNCES DATE FOR AUCTIONING OIL AND GAS BLOCKS.
Tanzania will auction 26 petroleum exploration blocks in March 2025, with improved fiscal terms and accessible geological data to attract investors. The government aims to boost investment by leveraging its experience and enhancing the country's oil and gas sector.
- 1 year, 11 months
TOTALENERGIES SIGNS MAJOR LNG AGREEMENT WITH SINOPEC FOR 15-YEAR SUPPLY TO CHINA.
TotalEnergies has secured a 15-year deal with Sinopec to supply 2 million tons of LNG annually to China, starting in 2028. The agreement strengthens TotalEnergies' position in China's energy transition, promoting natural gas as a cleaner alternative to coal.
- 1 year, 11 months
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