Oil and Gas
Top stories
The World Bank has stated that indigenous oil companies, alongside the Nigerian National Petroleum Corporation (NNPC), now account for 60% of Nigeria’s total gas flaring.
Zambia has signed a deal with a Chinese engineering firm to build a $1.1 billion crude oil refinery that could significantly reduce its fuel import bill.
First Exploration & Production (First E&P) has reached a memorandum of understanding (MoU) with Tanzania Petroleum Development Corporation (TPDC) to assess and develop potential hydrocarbons in Tanzania’s Mnazi Bay North block.
Mozambique may soon see the revival of its stalled $20 billion liquefied natural gas (LNG) project as President Daniel Chapo confirmed that discussions with French energy giant Total Energies are approaching conclusion.
In the global race to transition toward cleaner energy and maximize domestic value from natural resources, Nigeria and Angola—Africa’s two largest oil producers—are making noticeable efforts.
Senegal’s national utility Société nationale d’électricité du Sénégal (Senelec), in partnership with Turkish energy firm Karpowership, have officially launched the country’s first LNG-to-power project.
Namibia’s President, Netumbo Nandi-Ndaitwah, has met with Shell executives as both sides resume talks on advancing exploration activities in the country.
The former chief executive of Ghana’s National Petroleum Authority (NPA), Mustapha Abdul-Hamid, has been named in a $28 million extortion and money laundering scheme, involving six others and three companies.
Environmental groups in the US are challenging the Trump’s administration’s $4.7 billion loan approval for TotalEnergies to develop an LNG project in Cabo Delgado, Mozambique.
Nigeria’s crude oil production rose above the OPEC quota of 1.5 million barrels per day (bpd) in June 2025, according to the latest report by the Organization of Petroleum Exporting Countries (OPEC).
Nigeria’s national oil company, NNPC, has signed a $3.5 billion with Gas Aggregator Company of Nigeria (GACN) for gas project in Akwa Ibom.
Nigeria’s oil rigs have increased in recent times from merely 8 to 46, indicating an improvement of activities in the sector. But what does this really mean for the nation’s oil sector?
The CEO of Aradel Holdings Plc, a foremost indigenous oil firm, Mr. Adegbite Falade, has raised concerns about the shortage of manpower in Nigeria’s oil and gas sector.
North African country, Libya, has officially launched its first oil and gas licensing round in 18 years, offering 22 new offshore and onshore blocks to global energy companies.
Namibia is now at the centre of a reawakening of continental energy. The turning point came in 2022, when two significant offshore oil discoveries by Shell and TotalEnergies in the Orange Basin revealed multi-billion-barrel reserves, sparking global interest.
Backed by decades of experience and billions of dollars in investments, companies like Shell, TotalEnergies, and ExxonMobil are steadily increasing their stakes in the nation’s offshore domain.
Yet, despite sitting in the heart of Africa’s oil-rich Gulf of Guinea, the refinery has become increasingly reliant on U.S. crude—particularly West Texas Intermediate (WTI)— over Nigerian or other African grades, a new report shows.
Morocco is set to begin the tendering process for Phase 1 of its liquefied natural gas (LNG) terminal project near the eastern Mediterranean city of Nador
The global market for LNG is changing with the United States and China in loggerhead for dominance. Is there a silver lining for Africa, a continent with abundant gas reserves, to benefit from the ongoing trade war?
British energy giant BP has announced the successful loading of the first liquefied natural gas (LNG) export cargo from the Greater Tortue Ahmeyim (GTA) offshore project, located on the maritime border between Senegal and Mauritania.
