South Africa has become one of the few countries in the world to produce its liquid helium, thanks to a strategic partnership between Mahlako Gas Energy (MGE) and Renergen. MGE, …
Markets
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Energy TransitionIn the NewsMarkets
Global Petroleum’s New ‘Dan and Cecilia’ Team Sparks Energy Evolution
Global Petroleum set sights on a £200-250 million market capitalization in 10 years with a focus on Africa opportunities, under the ‘Dan and Cecilia’ team.
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Shell, one of the world’s largest energy companies, is close to finalizing the sale of its Nigerian onshore subsidiary, SPDC, to a local consortium for $2.4 billion. The deal, which …
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South Africa’s Absa Purchasing Managers’ Index (PMI) takes a nosedive in January, pointing to significant challenges ahead for the nation’s economy.
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Investec foresees a resurgence in South African mergers and acquisitions (M&A) as confidence returns, driven by improving economic indicators.
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Since the European Union imposed sanctions on Russia’s energy exports in 2022, following its invasion of Ukraine, Moscow has been looking for new markets to sell its oil. And it …
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Nigeria’s government is planning to sell five power plants under the National Integrated Power Projects (NIPP) for about $1 billion, according to a report by BusinessDay. The move is part …
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Energy TransitionIn the NewsMarkets
Dangote Refinery Enhances Product Distribution with Key Partnerships
Dangote Refinery embarks on a major initiative, registering key associations for efficient nationwide distribution of refined petroleum products, reshaping Nigeria’s oil sector.
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The global market for liquefied natural gas (LNG) is expected to remain tight until 2026, as demand outstrips supply amid the transition to cleaner energy sources, according to the Gas …
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BP and its partners are facing increased scrutiny from the governments of Mauritania and Senegal over their flagship liquefied natural gas (LNG) project in West Africa. The Greater Tortue Ahmeyim …