oil and gas

KEY POINTS Petroleum remains king in Nigeria’s export economy, commanding a lion’s share of its foreign trade earnings and reinforcing the West African nation’s position among the world’s major oil …

KEY POINTS Thousands of Trees Planted as Libya’s NOC Enters Third Phase of Million-Tree Initiative Libya’s National Oil Corporation, NOC, has announced the commencement of Phase Three of its ambitious …

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 …

Armenian PM Nikol Pashinyan hints at flexibility in Zangezur corridor negotiations, aiming to revive peace talks with Azerbaijan while balancing economic interests

Panoro Energy reports record quarterly production in Gabon, aiming for 40,000 bopd by year-end after successful drilling.

Angola’s Cabinda refinery is set to boost energy independence, reducing reliance on fuel imports with operations starting in April 2025

The Iraqi government awarded exploration and development rights for five additional oil and gas fields to Chinese companies on Sunday, May 12, 2024. This brings the total number of licenses …

Petrofac, a leading global oilfield services provider, has secured a lucrative contract worth $350 million with Equatorial Guinea’s National Oil Company. The agreement solidifies Petrofac’s position as a key player …

In the pursuit of sustainable energy solutions, green hydrogen has emerged as a promising alternative. However, as experts gathered to discuss its potential at a recent forum, it became evident …

Plans are underway to launch a new Africa Energy Bank this year, signaling a strategic focus on fossil fuel investment across the continent. The initiative comes amid growing demand for …