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Nigeria’s Dangote Refinery to add 750,000 bpd in new capacity

Nigeria’s Dangote Refinery will expand capacity to 1.4 million bpd by 2028 with the addition of a new 750,000 bpd processing line, Argus reported on Monday. The second line will be built in Lagos alongside Dangote’s existing 650,000-bpd unit, which began commercial operations in 2024. A potential capacity expansion was part of the facility’s original […]

Venezuela Cancels Energy Ties With Trinidad and Tobago After U.S. Warship Visit

The U.S. president earlier this year stepped up his rhetoric against Venezuela’s government, saying both President Nicolas Maduro and senior members of his cabinet were involved in drug trafficking. Trump also put a higher bounty on Maduro’s head, at $50 million, and ordered boats coming from Venezuela—allegedly with drugs on board—to be destroyed.

SLB and Ormat partner to accelerate geothermal development

SLB and Ormat Technologies have entered a strategic agreement to fast-track the development and commercialization of integrated geothermal assets, including enhanced geothermal systems (EGS). The partnership aims to scale next-generation geothermal solutions capable of delivering clean, reliable baseload energy in regions beyond traditional hydrothermal resources.

Halliburton expands deepwater capabilities with new Shell framework agreement

Halliburton has signed a framework agreement with Shell to provide umbilical-less tubing hanger installation and retrieval services using its Remote Operated Control System (ROCS) technology. The multi-well agreement follows a successful three-well technology phase in the Gulf of America, where ROCS demonstrated measurable gains in speed, safety and operational precision.

Reviving Tema Oil Refinery: CEMSE backs tolling model as best path

The Centre for Environmental Management and Sustainable Energy (CEMSE) has called for a pragmatic, partnership-driven approach to reviving the Tema Oil Refinery (TOR), emphasising that a tolling agreement, rather than an outright sale, offers the most sustainable path to restoring the refinery’s operational and financial viability.