Courtesy of the Wall Street Journal, a report on Uganda’s and other African nations’ fossil fuel ambitions: A herd of elephants stomped through savannah grasslands to the throbbing sounds of bulldozers preparing oil wells that will soon start feeding a 900-mile pipeline from this wildlife and nature reserve. The $10 billion project has become a flashpoint […]
Read more »Courtesy of Bloomberg, a report on how Pemex has seen its crude output decline almost every year since 2004 as mismanagement, debt and failing projects drag down Mexico’s oil giant: The rebound in oil prices over the last two years brought in record profits for the world’s largest crude producers, shoring up local economies and boosting jobs. Despite the fanfare, […]
Read more »Via The Africa Report, report on TotalEnergies efforts to restart its Mozambique LNG project: The head of French energy giant TotalEnergies is expected this week to visit Mozambique, where a multi-billion-dollar gas project has been on hold since a 2021 jihadist attack. CEO Patrick Pouyanne is to fly to the southern African nation to discuss conditions […]
Read more »Via Eurasia Review, a report on Eni’s strategic project aimed at increasing gas production to supply the Libyan domestic market as well as to ensure export to Europe: Eni CEO, Claudio Descalzi, and the CEO of the National Oil Corporation of Libya (NOC), Farhat Bengdara, agreed Saturday on the development of “Structures A&E”, a strategic project […]
Read more »Courtesy of The Financial Times, an article on how – while some western energy companies prepare for a future less reliant on fossil fuels – Saudi Aramco, the world’s biggest supplier is doubling down: In Abqaiq, the biggest oil processing facility on the planet, there is no sense the world may be coming to the […]
Read more »Via Power Technology, a report that Total Eren and Ecopetrol plan to jointly build a solar project in Colombia: Colombian energy company Ecopetrol has partnered with Total Eren to build a solar photovoltaic farm with nearly 100MWp of capacity in Colombia. The Rubiales solar facility will be built in the municipality of Puerto Gaitan in Colombia’s Meta province. Total EREN will develop, finance, build […]
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