Oil & Gas

KEY POINTS Chevron has announced a significant oil and gas condensate discovery at an exploration well in Block 0, offshore Angola, strengthening the energy giant’s efforts to expand production in …

KEY POINTS Oil prices climbed for a third consecutive session on Tuesday as hopes for a lasting peace agreement between the United States and Iran weakened, raising concerns that disruptions …

KEY POINTS Libya’s National Oil Wells Drilling & Workover Company, NWD, has completed maintenance on 188 oil wells and drilled 21 new wells for several subsidiaries of the National Oil …

KEY POINTS Libya’s National Oil Corporation, NOC, and Akakus Oil Operations are working on plans to increase crude oil production at the Sharara Oil Field from about 335,000 barrels per …

KEY POINTS TotalEnergies Exploration and Production Nigeria Limited is set to deliver a major boost to Nigeria’s oil and gas production as two offshore projects, Ubeta and Ima, move towards …

KEY POINTS South Africa’s Constitutional Court has blocked Shell’s plans to conduct offshore oil and gas exploration along the country’s Wild Coast, delivering another major setback to efforts to expand …

At least four Asian refiners bought US crude this week as the blocked Strait of Hormuz forced them to secure alternative supplies beyond the Gulf.

Russian crude made up a record 50.83 percent of India’s oil imports in July, or 2.47 million bpd, even as US tariff threats loom.

KEY POINTS Madagascar has imported a major shipment of diesel to help ease an energy supply crisis that has disrupted fuel availability and placed pressure on electricity and water services …

KEY POINTS Africa Finance Corporation, AFC, has invested in Dangote Petroleum Refinery’s $2.5 billion private placement, deepening its financial relationship with the Nigerian energy company after the full repayment of …