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Angola said it will launch a new oil licensing round in the last quarter of 2025 as its crude oil production continues to fall below one million barrels per day (bdp).
West African nation, Ghana, said it has achieved stable electricity supply and is now exporting surplus power to neighbouring countries on the continent.
Indian Oil Corporation (IOC) has turned to Nigerian and Middle Eastern crude supplies, skipping United States oil in its latest tender, a new report shows.
French oil major, TotalEnergies, is currently in talks with the Namibian authorities to extend an exploration license in the country’s popular Venus block under Petroleum Exploration License (PEL) 56.
British oil major, Shell Plc, has returned to Angola after a 20 year break, as the country seeks fresh investment to boost crude oil production and reverse years of decline.
Angola sets to expects an additional $5 billion investment from Azule Energy, the joint venture between Italian oil and gas explorer Eni and British Petroleum (BP), to support its oil and gas sector over the next four to five years.
American oil major Chevron has inked a preliminary agreement with Angola’s upstream regulator the National Oil, Gas and Biofuels Agency (ANPG) to explore for oil in the country’s offshore block 33/24 located in the Lower Congo Basin.
Nigeria’s Dangote Refinery has shut its gasoline producing unit after catalyst leaks and other technical issues, with repairs expected to last at least two weeks, two industry sources familiar with the matter said.
Tanzania said it is building on Nigeria’s recent expansion of compressed natural gas (CNG) as it seeks to lower dependence on fuel powered cars and reduce its oil import bill.
North African nation, Morocco, has inaugurated its first 13 MW floating solar plant on the Oued Rmel Dam reservoir to power Tangier Med Port.
Chinese state-owned energy conglomerate China Energy Engineering Corporation (CEEC) is planning to invest up to $1 billion in Egypt’s energy sector over the next five years.
Alexandria Petroleum Maintenance Company (Petromaint), a subsidiary of Egypt’s Ministry of Petroleum, has secured a $121 million contract to provide full maintenance services at the Zubair oilfield in Iraq.
Dangote Refinery has imported crude oil from Ghana for the first time since it came on stream in a bid to boost its feedstock bank as domestic suppliers continue to supply below nominated volumes.
Kenya has targeted an ambitious plan of 20,000MW nuclear power capacity by 2040 to address chronic power shortages and foster economic growth.
Nigeria has reduced the amount oil companies can recover from their investments in offshore projects, as the government seeks more income to cover a widening budget gap.
French energy firm TotalEnergies has denied claims that it failed to comply with agreements tied to the development of local communities in Mozambique’s Cabo Delgado province.
TotalEnergies has signed a $10 million memorandum of understanding (MoU) with Mozambique’s Agency for the Integrated Development of the North (ADIN) to fund development projects in Cabo Delgado, the gas-rich province plagued by years of insurgency.
Nigeria’s 650,000 bpd Dangote refinery has exported its first gasoline cargo to the United States, marking a milestone in the plant’s growing supplies to the North American market.
Nigeria has signed a new deep water production sharing contract with French energy company TotalEnergies and local partner South Atlantic Petroleum (Sapetro).
French oil major, TotalEnergies, has secured a fresh permit to explore offshore oil block, known as Nzombo block, in the Republic of Congo.