Blog
IRAQ: SEALS MAJOR OIL DEAL WITH CHINESE COMPANY.
Iraq’s government has signed a deal with Chinese Geo-Jade Petroleum to expand production at the Tuba oil field, build a refinery and two power plants.
- 1 year
UPSTREAM PETROLEUM ACTIVITIES STRENGTHEN UNDER THE SIXTH PHASE GOVERNMENT.
The Petroleum Upstream Regulatory Authority (PURA) has reported major improvements in oil and gas exploration and production under Tanzania’s Sixth Phase Government led by President Samia Suluhu Hassan. Key achievements include increased gas output, enhanced local participation, and over TZS 340 billion recovered through contract audits.
- 1 year
SOUTH SUDAN FACES ECONOMIC COLLAPSE AMID OIL EXPORT THREAT FROM SUDAN.
South Sudan is at risk of economic collapse after Sudan threatened to shut down the pipeline it uses to export oil, which accounts for over 90% of its government revenue. The move is linked to rising tensions as Sudan accuses South Sudan of supporting its enemy, the RSF.
- 1 year
AUSTRALIA'S ENERGY FUTURE BRIGHTENS AS OMEGA CONFIRMS MAJOR OIL AND GAS DISCOVERY IN TAROOM TROUGH.
Omega Oil and Gas has unveiled a significant breakthrough in Australia’s Taroom Trough, confirming an extensive oil and gas system within its Canyon project. Backed by high-quality pulsed neutron logging, the findings reveal a thicker, higher-grade petroleum reservoir than previously thought, with the potential to transform the region into a major energy hub. This discovery not only strengthens Australia’s domestic energy security but also positions the country to attract strategic investment, create employment opportunities, and generate long-term economic growth. With crude oil quality exceeding global benchmarks and a strategic push toward commercialization underway, the project could significantly enhance Australia's role in the international oil and gas market.
- 1 year
SIERA LEONE: MOYAMBA RESIDENTS SEE LIGHT AFTER 40 YEARS OF DARKNESS.
Residents of Moyamba Township in the Southern Province of Sierra Leone are in jubilant mood as the country’s President Julius Maada Bio turns on a solar-powered light to illuminate the area for the first time after living in darkness for about forty (40) years.
- 1 year
EU, BRITAIN TIGHTEN GRIP ON RUSSIA'S SHADOW FLEET WITH NEW SANCTIONS.
In a major escalation of economic pressure against Moscow, the European Union and the United Kingdom have announced sweeping new sanctions targeting Russia’s elusive “shadow fleet” — a covert network of aging, poorly regulated tankers transporting oil and gas to bypass Western embargoes. This latest round of sanctions, affecting nearly 200 vessels and dozens of supporting entities, aims to crack down on the opaque system enabling Russia to maintain vital energy revenues while waging war in Ukraine. As European officials highlight concerns over maritime safety, illegal grain transport, and even potential sabotage of undersea infrastructure, the move marks a coordinated international effort to disrupt Russia’s wartime logistics, limit its global influence, and reinforce the call for a just and lasting peace.
- 1 year
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