Bua Group has contracted KBR to carry out front-end engineering and design (FEED) on its proposed refinery in Nigeria.
French President Emmanuel Macron has spoken of his support for the East African Crude Oil Pipeline (EACOP).
Oil pared its earlier rally toward the highest settlement in almost 10 months as the market weighed the potential distribution of Covid-19 vaccines against a raft of new cases sparking tighter restrictions on movement.
France’s Engie has pulled out of a proposed agreement to secure LNG from NextDecade’s Rio Grande LNG project, over concerns about shale gas development.
Mauritius has declared a state of emergency in response to a worsening oil spill offshore and is seeking international assistance.
Talks are under way to restart Libya’s oil exports.
Turkey has criticised French President Emmanuel Macron for his comments on Libya, as external actors amp up their rhetoric on the need for action.
The civil war in Libya is escalating as mercenaries, supplied by Turkey, have been mobilised to support the Tripoli-based Government of National Accord (GNA).
French President Emmanuel Macron has said the country will move more slowly than promised to cap the amount of energy it derives from nuclear energy.
Centrist Emmanuel Macron pledged to unite France as defeated opponents gave their allegiance to him in his battle for the French presidency with far-right leader Marine Le Pen.