“Africa must take charge of its energy future.” With this bold statement, John Abdulai Jinapor, Minister of Energy for the Republic of Ghana, has set the tone for Africa Oil Week (AOW) 2025, the continent’s largest upstream oil and gas event, which will be hosted in Accra from 15th to 18th September 2025 at the Kempinski Hotel Gold Coast City.
“By uniting our world-class offshore engineering expertise with Karpowership’s pioneering energy solutions, we are advancing the development and deployment of rapid, reliable, and flexible power solutions to meet growing global energy demands, said Chris Ong, Chief Executive Officer of Seatrium.
Eni CCUS currently encompasses the Liverpool Bay and Bacton projects in the UK, the L10 project in the Netherlands and has the option to participate in the Ravenna CCS project in Italy – cornerstone assets aimed at decarbonizing industrial clusters. The agreement also grants Eni CCUS the right to participate in potential future projects related to Eni’s depleted oil and gas fields once the relevant regulatory and market conditions allow. Over time, the Eni CCUS platform is expected to expand further, unlocking new business opportunities and reinforcing its contribution to decarbonization efforts.
“While discussions and final confirmatory due diligence have continued to be collaborative, the parties are yet to reach agreement on acceptable terms of a binding SIA [scheme implementation agreement]. Further, Santos has this week been informed by the XRG consortium that even if the terms of an SIA were agreed and final due diligence was complete, it will still not be in a position to sign a binding SIA, as it is yet to obtain requisite final approvals which are required by the XRG consortium in order to enter into a binding transaction”.
FPSO Almirante Tamandare, leased from SBM Offshore, can also process 12 million cubic meters (423.78 million cubic feet) a day of natural gas and store 1.4 million barrels of crude. It is equipped with closed flare to minimize greenhouse gas emissions and heat recovery devices to reduce energy consumption, according to the Buzios partners.
While China is the largest importer of Russian oil, it tends to take deliveries from the nation’s Far East. Yet so far in August, shipments of Urals – which loads from Baltic and Black Sea ports – were almost 75,000 barrels a day. That’s almost double the year-to-date average of about 40,000 barrels, according to Kpler. In contrast, exports to India sunk to no more than 400,000 barrels a day this month, compared with the average of 1.18 million.
Trump said after his talks with Vladimir Putin in Alaska on Friday that he would urge Zelensky to make a quick deal and sounded receptive to the Russian leader’s demand that Ukraine give up large swathes of land. But in a show of support for Ukraine, leaders including European Commission President Ursula von der Leyen, French President Emmanuel Macron and NATO Secretary-General Mark Rutte joined the high-stakes meeting in Washington.
India’s domestic oil and gas production is nowhere near enough to meet even half of its demand for oil and gas, but any boost to domestic supply would be welcome as a replacement for import dependence, which currently stands at an impressive 85% of total demand for oil.
Building solar installations on farmland has become a popular practice in the U.S. and, more recently, in the UK as well, as in other parts of Europe. Solar developers can offer farmers more money to lease their land for solar than they would make from farming it, which has motivated many to accept such deals. Yet concern about this trend has been growing as well, since farmland is used to literally produce food, and replacing food production with electricity production has sparked concerns about food security.
“Betting markets aren’t overly convinced that we’ll see a ceasefire before the end of the year,” ING commodity analysts said in a note following the meeting. Indeed, the surrender of the Donbass, most of which is already under Russian control, remains a no-no for Zelensky, it appears, while it also remains a hard condition for Russia. This mars the prospect of peace quite considerably unless both sides are willing to make concessions.