Angola's oil sector continues to draw international attention as exploration efforts persist in the search for a reliable energy supply.
Shell is expected to emphasize its focus on oil and liquefied natural gas (LNG) during its strategy update, reinforcing its shift away from retail clean energy sales. Analysts will look for insights on Shell’s long-term growth plans, particularly in LNG, as global demand is projected to rise by 60% through 2040.
China plays a pivotal role in Saudi Aramco’s growth strategy, particularly in the downstream sector, as the company seeks to unlock new opportunities.
BP, the British multinational energy company, has agreed to sell a stake in the Trans-Anatolian Gas Pipeline (TANAP) to Apollo Global Management for one billion US dollars.
Tanzania and Egypt have reaffirmed their commitment to strengthening energy sector cooperation, focusing on projects like the Julius Nyerere Hydropower Project (JNHPP). Officials from both nations highlighted the project's success and pledged continued collaboration for future energy developments.
Equinor, Norway's energy company, has sold its first oil shipment from the Johan Kastberg field in the Barents Sea, ahead of the field's expected production starting next month.