Oil & Gas

Uganda has announced a new partner for its long-delayed oil refinery project, a United Arab Emirates (UAE) firm with no prior experience in the sector. The government hopes that the …

Africa is on the verge of a major energy transformation, as Nigeria and Morocco intensify discussions to fast-track the process of achieving the Final Investment Decision (FID) on the $30bn …

Since the European Union imposed sanctions on Russia’s energy exports in 2022, following its invasion of Ukraine, Moscow has been looking for new markets to sell its oil. And it …

Tullow Oil anticipates a significant cash flow increase, backed by its Jubilee South East project, driving shares up by 8%.

Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …

Nigeria’s oil production falls short of OPEC targets in 2023, with a significant 40 million barrel deficit in Q4.

Libya, one of Africa’s largest oil producers, has resumed full production at its biggest oilfield, Al-Sharara, after a two-week shutdown due to protests by local groups. The National Oil Corporation …

Discover how Nigeria navigates economic diversification with a slight dip in non-oil exports, balanced by an increase in product diversity.

South Africa is set to launch its first gas-to-power (GtP) project, which aims to generate 2,000 MW of electricity from natural gas by 2027. However, the project faces some location …

Nigeria, Africa’s largest oil producer, has seen a significant boost in its crude oil output in December 2023, signaling improved earnings from the vital resource. According to the latest Monthly …