China’s incredible pace of clean energy spending has made the world’s second-largest economy the single-largest producer of clean energy by a long shot. This dominant position in global energy markets doesn’t just stem from domestic production capacity, but from increasingly significant control of global supply chains for clean energy technologies …
Read More »Africa Calls for Funding and Unity at Landmark Climate Summit
The Africa Climate Summit 2 (ACS2) was hosted in September by the Government of Ethiopia and the African Union to advance Africa’s climate agenda and sustainable development priorities, ahead of the United Nations’ November global climate summit COP30. ACS2 brought together 25,000 African leaders, policymakers, youth, civil society, development partners, …
Read More »South African Court Blocks TotalEnergies Oil Project
A court in South Africa has halted an oil and gas exploration project led by TotalEnergies, saying the environmental assessment for the project was “deeply flawed, failing to address key risks, legal requirements, and public participation,” per a Bloomberg report. The case was brought in front of the court by …
Read More »Can Africa Power Europe’s Green Hydrogen Ambitions?
As several countries expand their green hydrogen production capacities, regions will have to develop new pipelines and energy transportation corridors to support a green transition across borders. Some countries are more well-suited to producing green hydrogen than others, meaning that energy sharing could help non-production countries gain access to clean …
Read More »Africa’s Biggest Refinery Boosts U.S. Crude Oil Purchases
The Dangote oil refinery in Nigeria, Africa’s largest crude processing facility, has been buying increasing volumes of U.S. crude WTI despite the fact that Nigeria is the biggest crude oil producer in Africa. But Africa’s top OPEC member has been struggling to materially boost domestic crude output, so the 650,000-barrels-per-day …
Read More »African Nations Lead in Critical Mineral Supply
Several parts of Africa have a long history of mining, with the sector contributing high levels of employment across the continent. As the demand increases for critical minerals – needed to fuel a green transition, mining companies are increasingly showing an interest in Africa for its vast untapped resources. Several …
Read More »European and African Countries Back Green Hydrogen Pipeline Project
Italy, Austria, Germany, Algeria, and Tunisia reiterated on Tuesday their intention to develop a pipeline that would carry renewable hydrogen from North Africa to Europe, the Italian energy ministry said. The 3,300-km (2,050 miles) hydrogen pipeline, named SouthH2 Corridor, is planned to ship green hydrogen from the African coast to …
Read More »Eni Raises Oil and Gas Production Offshore Cote d’Ivoire
Italian energy major Eni has started production from the second phase of its oil and gas development Baleine offshore Cote d’Ivoire, boosting output from the field in West Africa. This weekend, Eni announced the successful start-up of Phase 2 at the Baleine field, which will raise production to 60,000 barrels …
Read More »Chinese Refiners Buy more Middle East, Africa Crude as Iran’s Supply Drops
Private Chinese refiners, who buy most of Iran’s crude, have recently scoured West Africa and the Middle East for supply unsold in previous trade cycles, as flows of Iranian crude have dropped amid higher prices and preparation for the incoming Trump Administration. China’s independent refiners, the so-called teapots, are key …
Read More »Aramco and ADNOC among Suitors for Shell’s Downstream Business in South Africa
Saudi Aramco, Abu Dhabi National Oil Company (ADNOC) and commodities trader Trafigura are among the entities vying to acquire Shell’s service stations in South Africa, reported Bloomberg, citing sources. The sale, which could fetch close to $1bn, includes a network of 600 service stations and is part of Shell’s downstream …
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel