Oil & Gas

BP and XRG launch Arcius Energy to expand Egypt’s gas operations, securing stakes in Zohr, Atoll, and key concessions amid ADNOC’s global strategy

China drives growth in Africa’s energy sector with investments in hydro, oil, and renewable energy, boosting development and regional energy access

Rosneft and Reliance seal a $130B, 10-year oil supply deal, reinforcing India’s status as the top importer of Russian crude

Libya’s economy is poised for growth in 2025, driven by rising oil production and critical economic reforms, says IMF.

Uganda to fully fund a $4 billion oil refinery with equity, partnering with UAE’s Alpha MBM Investments over three years.

California faces rising fuel prices, a new fuel law, and Phillips 66’s plan to end crude oil refining in Los Angeles

Libya’s National Oil Corporation to tender 22 exploration blocks, seeking international investment to boost hydrocarbon production and economic recovery

Efforts to mitigate oil spill risks in the Niger Delta focus on prevention, technology, and community involvement to protect the environment

Biden announces $600 million for Angola’s Lobito Corridor, boosting African trade infrastructure and countering China’s Belt and Road Initiative.

OPEC+ delays output increases and extends cuts to support oil prices and the market amid weak demand and rising production outside the group