Tag Archives: Africa

Major multinationals are closing operations in China.

The National Oil Company of Senegal. PETROSEN. officially launched the country’s first ever offshore licensing round at the MSGBC Basin Summit &. Exhibition in Dakar. Senegal.

Libya’s Central Bank Governor Sadiq Al-Kabir called on the international community to help end a week-long shutdown of oil ports by eastern military commander Khalifa Haftar. likening the closures to a bullet in the head.

The European Union’s foreign policy chief said member states will need to take a more active role in Libya if yesterday’s peace conference in Berlin is to bring stability to the country and help get its oil flowing again.

Winning projects include solar farms in Kenya. geothermal power stations in Ethiopia and battery storage across sub-Saharan Africa.

The Libyan situation is further complicated by recent developments in the East Mediterranean.

Libyan commander Khalifa Haftar blocked oil exports at ports under his control. slashing output by more than half and posing a potential setback for an international conference on Sunday that aims to broker an end to a civil war in the OPEC nation.

That’s the prediction from Kleos Advisory. which in a new report stresses the importance of harnessing the potential of the continent and strengthening ties with UK businesses.

The report notes while many EU countries are struggling to reach their 32% renewable energy usage target by 2030. nations such as Paraguay and the Democratic Republic of the Congo are already producing 100% renewable energy.

Libya’s largest functioning refinery in Zawiya is located around 49 kilometers (30 miles) from the capital. Tripoli.