April 2025

Oil prices drop nearly 2%, driven by demand concerns, tariff disputes, and Iran nuclear talks

KEY POINTS The Moroccan Energy Investment Company (SIE) has launched an initiative offering energy audits to industrial firms, aiming to boost energy efficiency and sustainability. Companies must meet eligibility criteria …

KEY POINTS A new report raises concerns about rising cybersecurity risks in Nigeria’s oil and gas sector, warning that poor data protection could threaten the country’s economic stability. The report …

KEY POINTS The European Union is looking at ways to make it easier for U.S. gas exports to comply with its methane rules. Three sources familiar with the matter told …

KEY POINTS Turkey is intensifying its push to secure new energy resources, with plans to explore oil and gas opportunities in Libya, Iraq, and Bulgaria. Energy Minister Alparslan Bayraktar confirmed …

KEY POINTS Tripoli will host the fourth edition of the Libyan Energy & Economic Summit (LEES) from January 24 to 26, 2026, marking the first time the event will span …

PwC closes operations in nine African countries due to business losses and strategic review

KEY POINTS Khalda Petroleum, in partnership with Apache, has discovered three new oil and gas fields in Egypt’s Western Desert, expected to add 12 million barrels of oil equivalent to …

Oil prices fall as the US-China trade war raises concerns over global economic growth and reduced fuel demand

KEY POINTS Libya’s energy sector is poised for significant growth as Mellitah Oil and Gas Company, a joint venture between Libya’s National Oil Corporation and Italy’s Eni, revealed plans to …