DRC revisits China mining deal for $7bn infrastructure investment
<p><img src="https://biz-file.com/c/2401/725574-208x117.jpg?5" width="208" height="117" alt="Ambassador of the People's Republic of China in the DRC, Zhao Bin visited some of the infrastructure projects in December 2023. Source:" align="left"><br><span >Ambassador of the People's Republic of China in the DRC, Zhao Bin visited some of the infrastructure projects in December 2023. Source: <a href="https://twitter.com/SICOMINES/status/1730641660231520766">x.com</a>&lt;/span><p>Chinese construction companies will invest up to $7bn in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of Congo. Both parties agreed to maintain the current structure of the shareholding, while the Chinese partners, Sinohydro Corp (SINOH.UL) and China Railway Group Limited, will pay 1.2% of royalties annually to Congo, according to a statement.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/drc-revisits-china-mining-deal-for-7bn-infrastructure-investment-012935a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=608&ct=1&ci=245497">Send to a friend</a></p><div style="clear:left"></div>
Shell joins international sell-off of Nigeria onshore oil and gas holdings
<p><img src="https://biz-file.com/c/2401/724556-208x117.jpg?5" width="208" height="117" alt="The Shell logo is seen at a petrol station in south London. Source: Reuters/Toby Melville" align="left"><br><span >The Shell logo is seen at a petrol station in south London. Source: Reuters/Toby Melville&lt;/span><p>Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4bn.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/shell-joins-international-sell-off-of-nigeria-onshore-oil-and-gas-holdings-678261a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=693&ct=1&ci=245211">Send to a friend</a></p><div style="clear:left"></div>
22 illegal miners dead in Tanzania’s unseasonal rains
<p><img src="https://biz-file.com/c/2401/724470-208x117.jpg?5" width="208" height="117" alt="Climate change is affecting mining in Africa. Source: Vlad Chetan/Pexels" align="left"><br><span >Climate change is affecting mining in Africa. Source: Vlad Chetan/Pexels&lt;/span><p>An illegal mining operation in Tanzania&#x2019;s Bariadi district, Simiyu region, was struck by a landslide on 13 January, resulting in the <a href="https://miningbusinessafrica.co.za/accident-occurs-at-ngalita-mine-in-Tanzania/">tragic loss of 22 lives</a>. The catastrophe unfolded at the Ng&#x2019;alita mine, where miners were reportedly working within a zone deemed off-limits due to the perilous conditions brought on by heavy rainfall. Tanzania, recognised as one of the world&#x2019;s foremost gold producers, continues to grapple with the persistent challenge of unlawful mining ventures.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/22-illegal-miners-dead-in-tanzania-unseasonal-rains-456499a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=864&ct=1&ci=245185">Send to a friend</a></p><div style="clear:left"></div>
Dangote refinery starts production, eyes full quota by year end
<p><img src="https://biz-file.com/c/2401/724276-208x117.jpg?5" width="208" height="117" alt="A view of the newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki, Lagos. Source: Reuters/Temilade Adelaja" align="left"><br><span >A view of the newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki, Lagos. Source: Reuters/Temilade Adelaja&lt;/span><p>Nigeria's Dangote oil refinery has begun producing diesel and aviation fuel, the company said over the weekend, after years of construction delays at the 650,000 barrel per day (bpd) plant.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/dangote-refinery-starts-production-eyes-full-quota-by-year-end-567560a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=245126">Send to a friend</a></p><div style="clear:left"></div>
TotalEnergies acquires more of Namibian oil find
<p><img src="https://biz-file.com/c/2401/724054-208x117.jpg?5" width="208" height="117" alt="A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France. Source: Reuters/Sarah Meyssonnier." align="left"><br><span >A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France. Source: Reuters/Sarah Meyssonnier.&lt;/span><p>TotalEnergies has increased its holding in the Venus oil discovery offshore Namibia in a deal with Impact Oil and Gas that marks a significant step towards the prospect's development, the energy the company said in a statement on Wednesday.</p><br> <a href="https://www.bizcommunity.com/Article/196/834/245071.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=245071">Send to a friend</a></p><div style="clear:left"></div>
TotalEnergies acquires more of Namibian oil find
<p><img src="https://biz-file.com/c/2401/724054-208x117.jpg?5" width="208" height="117" alt="A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France. Source: Reuters/Sarah Meyssonnier." align="left"><br><span >A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France. Source: Reuters/Sarah Meyssonnier.&lt;/span><p>TotalEnergies has increased its holding in the Venus oil discovery offshore Namibia in a deal with Impact Oil and Gas that marks a significant step towards the prospect's development, the energy the company said in a statement on Wednesday.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/Article/196/834/245071.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=245071">Send to a friend</a></p><div style="clear:left"></div>
Nigeria’s top court says Shell’s appeal should be heard after oil spill claim
<p><img src="https://biz-file.com/c/2401/723703-208x117.jpg?2" width="208" height="117" alt="The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, 12 July 2023. Reuters/Chris Helgren/File Photo" align="left"><br><span >The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, 12 July 2023. Reuters/Chris Helgren/File Photo&lt;/span><p>Nigeria's Supreme Court on Friday ruled that Shell should be granted a hearing over an alleged oil spill in the Niger Delta after the Court of Appeal halted an asset sale and ordered a judgment claim to be paid prior to hearing its case.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com.ng/Article/157/638/244974.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=157&c=638&ct=1&ci=244974">Send to a friend</a></p><div style="clear:left"></div>
Nigeria’s top court says Shell’s appeal should be heard after oil spill claim
<p><img src="https://biz-file.com/c/2401/723703-208x117.jpg?2" width="208" height="117" alt="The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, 12 July 2023. Reuters/Chris Helgren/File Photo" align="left"><br><span >The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, 12 July 2023. Reuters/Chris Helgren/File Photo&lt;/span><p>Nigeria's Supreme Court on Friday ruled that Shell should be granted a hearing over an alleged oil spill in the Niger Delta after the Court of Appeal halted an asset sale and ordered a judgment claim to be paid prior to hearing its case.</p><br> <a href="https://www.bizcommunity.com/Article/157/638/244974.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=157&c=638&ct=1&ci=244974">Send to a friend</a></p><div style="clear:left"></div>
Nigeria’s top court says Shell’s appeal should be heard after oil spill claim
<p><img src="https://biz-file.com/c/2401/723703-208x117.jpg?2" width="208" height="117" alt="The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, 12 July 2023. Reuters/Chris Helgren/File Photo" align="left"><br><span >The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, 12 July 2023. Reuters/Chris Helgren/File Photo&lt;/span><p>Nigeria's Supreme Court on Friday ruled that Shell should be granted a hearing over an alleged oil spill in the Niger Delta after the Court of Appeal halted an asset sale and ordered a judgment claim to be paid prior to hearing its case.</p><br> <a href="https://www.bizcommunity.com/Article/157/638/244974.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=157&c=638&ct=1&ci=244974">Send to a friend</a></p><div style="clear:left"></div>
Libya’s largest oil field shut by protestors, again
<p><img src="https://biz-file.com/c/2401/723617-208x117.jpg?5" width="208" height="117" alt="The Sharara oil field is managed by Spain's Repsol, France's TotalEnergies, Austria's OMV, and Norway's Equinor. Source: Repsol/Flickr" align="left"><br><span >The Sharara oil field is managed by Spain's Repsol, France's TotalEnergies, Austria's OMV, and Norway's Equinor. Source: Repsol/Flickr&lt;/span><p>Local protests have forced a full shutdown of production at Libya's Sharara oilfield, which can produce up to 300,000 barrels per day, two engineers told journalists on Wednesday.</p><br> <a href="https://www.bizcommunity.com/Article/196/834/244938.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=244938">Send to a friend</a></p><div style="clear:left"></div>