Africa and OPEC+ reporter @spgci | Ex-Times guy in Dakar, Nairobi and Ottawa. Past lives in Abu Dhabi and Delhi | Foreign policy, fry-ups and Fulham #OOTT
My front page story from Turkana, Kenya, where drought, aid cuts and food shortages from Putin's war in Ukraine are causing people to starve. From malnourished children in Kakuma refugee camp to violent cattle raids near the Ugandan border: a desperate, avoidable crisis.
#ExxonMobil to reenter #Gabon in #oil exploration deal: sources
▪️US company previously explored offshore Gabon
▪️MOU expected in Oct, could cover up to six blocks
▪️Gabon urges exploration amid raft of state acquisitions
🖥️Full story: https://t.co/mml0nwEDbn
OPEC+ agrees to increase oil output by 137,000 b/d in October https://t.co/WwqbGbSzQK
🔹Group of eight producers agree to jump
🔹Tackles new tranche of cuts exceeding 1.65 mil b/d
🔹Follows 2.2 mil b/d phaseout despite demand fears
#OPEC#oilprice#OOTT
PLATTS: Tanker with crude cargo from Sudan idles off UAE as bilateral ties sour
https://t.co/yQ4E3lu6Ug
Continue reading by subscribing to S&P Global Platts Connect. Email [email protected].
Exclusive interview with Marcellin Simba Ngabi, CEO of Gabon's state oil company, one year on from the pre-emption deal that shocked the industry #oott
https://t.co/oyAODhLbup
"We are not pursuing operators asking for them to sell to us," GOC's CEO told Platts "Tullow was on sale; had we not bought it, someone else would."
#oott
https://t.co/nZS4sl4SjP
New NNPC boss eyes 2 mil b/d #OPEC quota, 2028 IPO in 'transformation' of state firm
🔹Focus on new drilling, gas pipelines, boosting Dangote stake
🔹Plans to list at least 20% of NNPC in London, New York, Lagos
#oott#oilprice#upstream
'Perfect storm': Central African #oil investment at risk amid FX row
▪️Regional central bank demanding $10 bil in restoration funds
▪️$131 bil of investment, government revenue on the line: S&P Global
▪️US lawmakers, Trump administration wade into dispute
🖥️Full story: https://t.co/N3UAO8qYci
This from @csmitchell6 at Platts 👇.
FEATURE: Iran, diminished in OPEC, no longer holds oil trump card
https://t.co/dr84KkFYUs
Continue reading by subscribing to S&P Global Platts Connect. Email [email protected].
FEATURE: Iran, diminished in OPEC, no longer holds #oil trump card
▪️US #sanctions, output challenge, Chinese dependence limit role
▪️Without a quota, #Iran holds little influence in Saudi-led OPEC
▪️Oil-dependent economy could collapse due to Israeli attacks
Full story: https://t.co/nqm64KhP2J
In our latest infographic, we explore how the dual shock of US president Donald #Trump’s blanket #tariffs and a higher-than-expected #OPEC+ production hike caused one of the largest seven-day moves in Dated Brent prices since the assessment began in 1987, an analysis of Platts data shows.
📊Full infographic: https://t.co/Y1AI6bWAlG
#oil #OOTT #crude
Nigeria sees "room to review" OPEC quota following jump in oil production, special advisor on energy to President Tinubu tells Platts. #oott
https://t.co/5uCV06Hopg
OPEC+ output surges ahead of plans to ease voluntary cuts from Q2
🔗https://t.co/LjwA0DdzDm
#OOTT
🔹#OPEC+ Feb crude production up 440,000 b/d MOM at 40.98 mil b/d: #Platts survey
🔹Massive jump in Kazakh volumes drives February OPEC+ output surge
🔹OPEC+ oil producers with quotas pump 294,000 b/d above target
The #M23/RDF have taken Bukavu's airport in Kavumu. With both major Kivu airports under the rebels and #Rwanda's control, the #DRC army is now cut off from reinforcement. This is arguably a bigger loss than the fall of Goma.
A popular musician in the DRC has been killed, while filming a music video in the rebel held city of Goma. The singer known as Delcat Idengo, was famous for his songs critical of both the govet and the M23 militants, who captured Goma last month.
EXC: In June, the Gabonese state took over UK-based Assala Energy, shocking the industry. From frustrations and resignations to higher #oil output: the inside story here.
"It looks like dramarama from the outside, but...we're getting on with it” #oott
https://t.co/YIIfzXMZTy
EXC: In June, the Gabonese state took over UK-based Assala Energy, shocking the industry. From frustrations and resignations to higher #oil output: the inside story here.
"It looks like dramarama from the outside, but...we're getting on with it” #oott
https://t.co/YIIfzXMZTy
Gabon's Assala boosts #crude output as state tightens grip on key sector
▪️ Rare pre-emption deal in June shocked the industry
▪️ Assala pumping 52,000 b/d after initial teething issues
🖥️ Full story: https://t.co/2KD7KMzVD8
#oil#OOTT