Saudi Aramco, Trafigura, and other major oil players are competing to buy Shell’s South African gas stations as the company reshapes its downstream portfolio
Markets
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Shell and other energy giants are taking legal action against Venture Global LNG for failing to fulfill key long-term contracts, warning of a potential industry-wide crisis
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TotalEnergies redirects its exploration efforts from South Africa to more viable regions near Namibia, impacting local energy plans.
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Saudi Arabia sets to launch a $10 billion secondary share offering for Aramco this Sunday, aligning with strategic economic transformations and oil market dynamics.
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Bitcoin emerges as a game-changer in the oil industry, offering innovative solutions to reduce gas flaring and enhances sustainability.
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Tight oil market faces heightened risks amid Iran-Israel conflict escalation.
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Landmark court decision confirms Otuabagi as the site of Nigeria’s first commercial oil well, reshaping historical narratives.
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Dr. Patrice Motsepe expresses confidence in the ongoing improvements within Eskom and Transnet, highlighting their pivotal role in South Africa’s socio-economic advancement.
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Dundee Precious Metals announces the sale of its complex concentrate processing Tsumeb smelter in Namibia to Sinomine Resources for $49 million.
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Tullow Oil, a UK-based oil and gas exploration company, has revealed its plans to focus more on its African assets in its annual report for 2020, which was published on …