In the News

KEY POINTS QatarEnergy has strengthened its presence in the eastern Mediterranean after completing a farm-in deal with Italy’s Eni, acquiring a 40% participating interest in the North Rafah offshore exploration …

KEY POINTS Africa’s biggest refinery, the Dangote Petroleum Refinery, is embarking on an ambitious expansion plan that will more than double its current output. The Lagos-based plant, which only began …

KEY POINTS The Socio-Economic Rights and Accountability Project (SERAP) has called on the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Mr Bayo Bashir Ojulari, to …

KEY POINTS French energy giant TotalEnergies has officially lifted the force majeure order on its $20 billion Mozambique liquefied natural gas (LNG) project, marking a cautious but significant step towards …

KEY POINTS In a milestone move set to reshape Greece’s energy landscape, US oil giant Chevron and Greek refiner Helleniq Energy have emerged as the successful bidders for four major …

KEY POINTS Nigeria’s oil earnings fell sharply below expectations in the final quarter of 2024, with the Budget Office of the Federation reporting that net oil revenue stood at ₦3.34 …

KEY POINTS When we talk about a single forex trade in Africa, we typically imagine someone hitting “buy” or “sell” on a laptop or mobile phone.  What we don’t usually …

KEY POINTS Shell Plc has lodged an application for leave to appeal a decision by the Western Cape High Court that blocked its plans to explore for oil and gas …

KEY POINTS Namibia’s biggest privately owned conglomerate, Ohlthaver & List (O&L) Group, led by billionaire executive chairman Sven Thieme, has sold its stake in Cleanergy Solutions Namibia to H2Infra NV, …

KEY POINTS ExxonMobil has entered into a new memorandum of understanding (MoU) with the government of Gabon, setting the stage for potential oil and gas exploration off the coast of …