Oil and Gas
Top stories
Australia’s oil firm, Kinetiko Energy has started a three-week drilling campaign in test well 271-KA03PT10 at its onshore gas project in South Africa designed to boost output.
The national oil company of Algeria, Sonatrach, has signed a production sharing contract (PSC) with TotalEnergies and QatarEnergy for the Ahara perimeter in southeastern Algeria.
The Egypt’s Ministry of Petroleum & Mineral Resources has disclosed that natural gas from Cyprus’ Cronos field will be connected to gas infrastructure in Egypt to boost production in both nations.
Egypt is increasing its reliance on Liquefied Natural Gas (LNG) imports to meet domestic energy needs, following a sharp drop in local gas production and growing power consumption.
This article unpacks the Good, the Bad, and the Ugly of the Dangote-marketers showdown, revealing how ambition, resistance, and systemic friction collide in a sector that affects every Nigerian at the pump—and in the economy.
French energy major, Total Energies, has said it will not proceed with the development of its multi billion dollar Venus oil discovery in Namibia until it reaches a firm agreement with the Namibian Government.
The president of Dangote Group, Aliko Dangote, is urging the federal government of Nigeria to add refined petroleum products to the list of prohibited imports under the new “Nigeria First” initiative.
As the Europe retreats from the refining market, Africa is stepping up to build its own industry. The continent now has more refining capacity than ever anticipated. This shift is primarily driven by an ambition plan to industrialize.
Italian Eni has signed a five-year agreement with French offshore vessel operator Bourbon to supply six new vessels to boost offshore gas activities in the Republic of Congo.
Dangote is currently working to upgrade its mega fuel-processing plant in Lagos from an original nameplate capacity of 650,000 barrels per day (bpd) to 700,000 bpd.
BG International, an affiliate of UK-headquartered energy major Shell, has taken a final investment decision (FID) to proceed with the development of the Mina West gas discovery in Egypt’s Mediterranean Sea.
The debt management office of Angola said the country’s oil-backed loans from China will decline to between $7.5 billion and $8 billion by the end of the year.
TotalEnergies has commenced commercial production from the CLOV Phase 3 and BEGONIA offshore projects in Angola, adding a combined 60,000 barrels per day (bpd) of new output.
China’s state owned energy firm, Sinopec, has signed a new contract with Algeria’s national oil company, Sonatrach, to explore and develop a vast gas block in the North African country.
East African nation, Tanzania, has invested TZS 4.5 billion (approximately $1.7 million) to establish a clean energy factory in the Geita Region of the country.
The East African Crude Oil Pipeline (EACOP) project is expected to reach mechanical completion by the end of the second quarter of 2026.
Tanzania is expected to finalize a long awaited agreement with international energy partners in the coming days, setting the stage for a $42 billion liquefied natural gas (LNG) project in the country’s southern region.
When Bashir Ojulari stepped in as the new Group CEO of NNPC Limited in April 2025, many Nigerians didn’t just see a leadership change; they expected reforms in an energy institution long plagued by opacy, secrecy, and absence of public trust.
The Nigerian National Petroleum Company (NNPC) Limited has released its operational performance report for June 2025, providing insights into key production metrics, gas performance, sales volumes, and strategic infrastructure updates across the country.
The United States has, for the first time, exported more crude oil to Nigeria than it imported from the West African nation, according to a new report by the U.S. Energy Information Administration (EIA).
