Oil and Gas
Top stories
Nigeria’s long-delayed $2.8 billion Ajaokuta, Kaduna, Kano (AKK) pipeline is set to deliver its first gas to Abuja, the nation’s capital, in July, according to officials familiar with the project timeline.
Zambia has announced that crude oil for a proposed refinery scheduled for completion before 2028 will initially be transported by road, according to the country’s Ministry of Energy.
British petroleum (BP) has agreed to acquire an operating interest in three offshore exploration blocks in Namibia, marking a strategic expansion of its upstream portfolio
French oil major, TotalEnergies, has announced a fresh hydrocarbon discovery offshore the Republic of the Congo, reinforcing its footprint in Africa’s oil and gas sector.
Nigeria-based mega Dangote Refinery is planning to list on multiple exchanges across Africa as it nears the debut of its initial public offering (IPO).
The windfalls from rising crude prices is leaving oil-African nations the wiggle room to return to the global capital market. With price at above $100 a barrel, these countries are leveraging on their resources to raise fresh capital
The Ghana government has announced plans to reduce fuel taxes and levies in a bid to cushion citizens from rising pump prices triggered by the ongoing conflict in the Middle East.
The World Bank has advised the Nigerian government to grant petrol import licences as part of measures to strengthen competition in the downstream petroleum sector.
Oando has announced plans to raise up to $750 million for an extensive drilling campaign aimed at increasing its oil production, as shifting global dynamics reshape investor interest in West Africa’s energy sector.
Rising tensions in the Middle East are pushing several African countries to rely more on Nigeria’s Dangote refinery. The shift goes beyond petrol, extending to other critical products needed to support domestic industrial demand.
Nigeria has exported the first cargo of its newly introduced Cawthorne crude grade to the Netherlands, marking a significant step in the country’s strategy to expand crude production and diversify export streams.
Ghana’s crude oil production has declined for the sixth consecutive year, dropping from a peak of 71.4 million barrels to 37.3 million barrels in 2025, according to the 2025 Annual Report by the Public Interest and Accountability Committee (PIAC).
Italian energy major Eni has announced a significant gas and condensate discovery offshore Egypt, a development expected to strengthen the country’s energy supply outlook amid ongoing global market disruptions.
Nigeria has significantly increased crude oil deliveries to the Dangote refinery in March, as Africa’s top oil producer seeks to shore up domestic fuel availability following global supply disruptions linked to geopolitical tensions in the Middle East.
A recent petrol import scandal involving high-profile officials recently spotlighted the East African nation of Kenya. The conspiracy captures the political intrigues of the nation’s petroleum sector.
Indigenous gas firm, Arcius Energy, has taken a final investment decision (FID) to develop the Harmattan gas field offshore Egypt, committing up to $500 million to the project.
Oil production in Libya has risen to about 1.43 million barrels per day (bdp), the highest level recorded in more than a decade, according to the country’s state oil firm.
The East African Crude Oil Pipeline has reached 82 per cent overall completion as of April 2026, with construction advancing across pipeline sections, pump stations and export infrastructure in Tanzania and Uganda.
The government of Algeria will launch a new international oil and gas licensing round on April 19, offering seven exploration blocks to oil and gas companies.
Nigeria has exported the first cargo of its newly introduced Cawthorne crude oil grade to India, the Nigerian National Petroleum Company Limited has confirmed, marking the official entry of the new crude blend into the international oil market.
