KEY POINTS A memorandum of understanding has been signed by Egypt and Qatar to enhance their cooperation in the sales and import of LNG. The Egyptian petroleum ministry said on …
LNG
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In the NewsOil & Gas
UK Retreat from Mozambique LNG Funding Reignites Debate over Africa’s Energy Autonomy
KEY POINTS The African Energy Chamber has sharply criticised the UK government’s decision to pull more than a billion dollars in support from Mozambique’s flagship LNG development, saying the move …
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In the NewsOil & Gas
Mozambique Pushes Back on TotalEnergies’ Revised LNG Plan Amid Rising Project Costs
KEY POINTS Mozambique’s government has hinted at possible resistance to TotalEnergies’ revised budget and timeline for its liquefied natural gas, LNG, project, signalling that the country may not easily approve …
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In the NewsOil & Gas
Arbitration Storms Shake Global LNG Industry as Contracts Give Way to Courtroom Battles
KEY POINTS The liquefied natural gas industry, LNG, long anchored in decades-long contracts and mutual trust, is now navigating its most turbulent phase yet. Billionaires Africa reports that what was …
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In the NewsOil & Gas
TotalEnergies Seeks $4.5 Billion Cost Boost for Mozambique LNG Project Amid Delays
KEY POINTS French energy giant TotalEnergies is seeking government approval from Mozambique to raise the development cost of its massive liquefied natural gas (LNG) project by an additional $4.5 billion, …
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KEY POINTS Nigeria LNG Limited, NLNG, has urged African countries to seize control of their collective energy future by becoming key players in the global liquefied natural gas, LNG, market …
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Energy TransitionIn the NewsOil & Gas
Equatorial Guinea Strikes $690 Million Chevron Deal to Boost LNG Output
KEY POINTS Equatorial Guinea has signed a landmark agreement with US energy major Chevron to kickstart the Aseng Gas Project, a $690 million development aimed at securing feedstock for the …
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Energy TransitionIn the NewsOil & Gas
Chevron Expands Israeli Gas, US LNG Supplies to Egypt Amid Surging Demand
KEY POINTS Chevron Corp. is ramping up natural gas flows from Israel and shipping liquefied natural gas from the United States to Egypt, a move underscoring the North African nation’s …
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KEY POINTS An important milestone in Eni SpA’s efforts to start the Republic of Congo’s first liquefied natural gas, LNG, project has been reached with the conversion of a decades-old …
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KEY POINTS With the signing of a significant LNG contract with Indian Oil Corp., Trafigura has made a new move into one of Asia’s fastest-growing gas markets. The Singapore-based company …