China's Sinopec to Enter Retail Fuel Market in Crisis-hit Sri Lanka – The Diplomat
The 25-year contract with the petroleum giant is expected to ease the fuel shortage in the country.
Source: thediplomat.com
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Chinese Firm Counters India's Ksh 365B Deal to Purchase Turkana Oil
The Chinese firm is seeking to finalise the deal, estimated to cost Ksh365 billion (3 billion US dollars).
Rift Valley United Kingdom Uhuru Kenyatta Kiraitu Murungi Tullow Oil Exploration Organisation Of The Petroleum Exporting Countries
Source: kenyans.co.ke
Another setback for Turkana oil project as key partners exit
British oil producer Tullow Oil said on Tuesday the two minority partners of its licences in the Turkana project have withdrawn from the oil blocks in the South Lokichar Basin.
Source: standardmedia.co.ke
TotalEnergies And Africa Oil Withdraw From Kenyan Oil Project
Kenya’s oil dream took a hit this week as TotalEnergies and Africa Oil both withdrew from an oil project in the country.
Source: oilprice.com
Belt and Road Capture: Chinese State Oil Giant Moves into Sri Lanka for 20 Years
The Chinese state-run Sinopec oil company signed a deal on Monday to conduct operations in Sri Lanka for 20 years.
Source: breitbart.com
ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield, Chinese firm enters fray
Originally, ONGC Videsh, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), was interested in buying out half of the stakes that Tullow, Africa Oil Corp and TotalEnergies SE held in the Lokichar oilfield in Kenya.
Source: moneycontrol.com
9 ways Dangote Refinery will change the oil industry forever
The Dangote Refinery, launching today, May 22, 2023, marks a significant milestone in the oil industry | Pulse Nigeria
Source: pulse.ng
Fuel-starved Sri Lanka enters fuel deal with China's Sinopec Official
(This story has not been edited by THE WEEK and is auto-generated from a PTI
United Kingdom Sri Lanka Ranil Wickremesinghe Gotabaya Rajapaksa Shell Plc Sinopec Fuel Oil Lanka Ltd
Source: theweek.in
ONGC, Oil India in talks for 50% stake in $3.4 bn Kenya oilfield, Chinese firm enters fray
ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (IOC) for the potential acquisition of a 50 per cent stake in Tullow Oil Plc's $3.4 billion oilfield project in Kenya.
Rift Valley Rahul Dhir Indian Ocean India Energy Week Natural Gas Corporation China Petroleum Chemical Corporation Sinopec
Source: indianexpress.com
Bangladesh struggles to pay for fuel imports as dollar crisis worsens
All import and marketing of fuel in the country of nearly 170 million people is controlled by Bangladesh Petroleum Corp (BPC), which has asked the government to permit domestic commercial banks to settle dues with India in rupees.
Sri Lanka Indian Oil Corp Ltd India Numaligarh Refinery Ltd Oil India Ltd International Monetary Fund Bangladesh Petroleum Corp
Source: thejakartapost.com