Tag: Energy investment
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Libya’s Hidden Oil Price: The Licensing Round That Could Redefine North Africa’s Energy Landscape
Introduction: A Quiet Revolution in Libyan Oil Libya is quietly positioning itself for a major shift in its oil landscape. With more than 40 companies indicating interest in the country’s first oil field licensing round since the 2011 upheaval, the National Oil Corporation (NOC) is signaling confidence that production could climb toward ambitious targets. As…
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Libya Oil Licensing Round: What’s Not Being Priced In
Libya’s Historic Licensing Round Heads Toward the Front Lines of Global Energy Libya is again at the center of the oil market’s attention. With more than 40 companies registering interest in its first oil field licensing round since the 2011 upheaval, the National Oil Corporation (NOC) is signaling that the country’s post-war redrawing of its…
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Trump Says US Will Take Control of Venezuela’s Oil Reserves: What It Means
Overview of Trump’s Claim and the Strategy President Donald Trump announced that the United States plans to take control of Venezuela’s vast oil reserves and would recruit American companies to invest billions to refurbish the country’s devastated oil industry. The statements, made amid a broader push to confront the Maduro government and its economic crisis,…
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Power Producers Back Higher WESM Secondary Price Cap to Attract Investment
Stability and Signals: Why the WESM SPC Hike Matters A coalition of independent power producers (IPPs) has welcomed the 19-percent increase in the Wholesale Electricity Spot Market (WESM) secondary price cap (SPC). The change, announced by the Philippine energy regulator and market operators, is seen by industry players as a move that could reduce price…
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Nigeria Emerges as Africa’s Oil Trading Hub: Growth Frontier
Introduction: Nigeria’s Transformation into a Trading Hub Nigeria is positioning itself as a major hub for refined petroleum products in Africa, moving beyond the traditional role of a price-taker. Industry leaders say the country is leveraging its strategic location, expanding infrastructure, and policy reforms to become a regional trading center for downstream oil and gas.…