insert_link Business / Economics American energy companies pass on Iraqi oil American energy majors are once again shunning the chance to extract Iraqi oil, leaving the door wide open for Chinese companies to invest instead. todayMay 13, 2024 39
insert_link Africa Nigeria offers oil blocks to global investors Nigeria is seeking investors for 17 of its oil blocks. The government offered 12 oil blocks and 5 deep offshore assets for sale as it marketed the assets to global oil sector investors at the ongoing 2024 Offshore Technology Conference in Houston, Texas. todayMay 9, 2024 40
insert_link Africa Kenya oil facilities face huge losses A new report says Kenya has lost $200 million worth of oil exports to Uganda. The country has been Uganda's largest regional market since last year. Daniel Kijo reports. todayJanuary 29, 2024 32
insert_link Business / Economics BP pauses all Red Sea shipments after rebel attacks BP has temporarily halted oil shipments through the Red Sea due to recent attacks by Houthi rebels. According to the BBC, the decision was brought on by the deteriorating security situation and follows similar actions by other freight companies targeted by the rebels in Yemen. The Red Sea is a critical route for global oil, fuel, and consumer goods shipments. todayDecember 18, 2023 9
insert_link Environment Al Gore criticises COP28 for oil CEO leadership in climate talks Former US Vice President Al Gore says the chances for real progress at the upcoming United Nations Climate Change Conference, COP28, were badly damaged when an oil company CEO was appointed to lead the talks. United Arab Emirates’ COP28 president Sultan al-Jaber is allegedly secretly using his role to push oil trade deals with foreign government officials. Gore says using international climate talks as leverage to shore up support for […] todayNovember 28, 2023 7