Oil and Gas
Top stories
The recent feud between Dangote’s refinery and petroleum union group, NUPENG, has taken a new turn even as the former backed out of the agreement to join the group.
In a move that could strengthen its position in the East African oil and gas market and attract investment, Kenya’s National Oil Corporation (NOC) has signed a landmark energy agreement with Algeria’s national oil company, Sonatrach.
A significant 60% of Nigeria’s LNG production currently goes to Portugal and Spain, underscoring Nigeria’s pivotal role as Europe seeks alternatives to Russian energy sources.
Nigeria’s oil and gas sector stands at a crossroads, with investment at the heart of ongoing tax reforms. For investors, this offers reliefs and credits aimed at boosting exploration and drilling in the upstream segment.
Congo has signed a $23 billion hydrocarbon agreement with the Chinese oil and gas company Wing Wah for the integrated development of Cayo, Banga Kayo, and Holmoni permits.
The British oil giant Shell and the Department of Petroleum and Mineral Resources (DPMR) have filed to reverse the High Court ruling that prevented it from drilling off South Africa’s West Coast.
Following improvement in output, the government of Senegal has revised upward its 2025 oil output forecast for the Sangomar offshore field to 34.5 million barrels from the previous 30.53 million barrels.
The standoff between Dangote refinery and petrol marketers have been brewing for quite some time now. But the dispute enters a new phase as the latter decide to call for a nationwide strike. What exactly is at stake here?
Brazilian oil giant, Petrobras, left Nigeria in 2020. Prior to its exit, the firm operated in the country for over 20 years. Now, it appears it’s staging a comeback. What exactly is driving its renewed interest in the West African country?
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).
Angola, one of Africa’s top oil producers, is making a comeback as the continent’s leading supplier, driven by fresh investments from international oil companies and new reforms aimed at attracting and retaining investors.
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.
Azule Energy, a joint venture company owned by Eni and BP, has successfully loaded its first cargo from the Agogo offshore field in Angola.
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.
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.
