Blog
EUROPE STOCKS UP ON LNG AHEAD OF WINTER.
Europe boosted LNG imports in October to stock up for winter, while Asian imports, particularly from China, slightly declined. Global LNG demand continues to rise, driven by Asia’s energy transition and industrial growth.
- 1 year, 6 months
GAZPROM INITIATES PILOT PROJECT TO SUPPLY CNG FUELING TRUCKS TO TANZANIA.
At African Energy Week 2024, Gazprom unveiled a project to supply Tanzania with CNG fueling trucks to support its growing natural gas vehicle market. Russia also explored opportunities for cooperation in energy, infrastructure, and workforce training across Africa.
- 1 year, 6 months
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, 6 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, 6 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, 6 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, 6 months
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