oil production

KEY POINTS TotalEnergies has commenced oil production from two new offshore developments in Angola—Begonia and CLOV Phase 3—bringing a combined total of 60,000 barrels per day (bpd) to the country’s …

KEY POINTS Spanish energy major Repsol has significantly increased its oil production in Libya in 2025 following the reactivation of 12 previously dormant wells and a renewed focus on drilling …

KEY POINTS Tripoli will host the fourth edition of the Libyan Energy & Economic Summit (LEES) from January 24 to 26, 2026, marking the first time the event will span …

OPEC+ denies speculation about postponing its April oil supply hike, with Russia confirming production increases remain on schedule.

Congo advances energy ambitions with refinery upgrades, gas projects, and a 2027 oil production target of 500,000 barrels/day.

Nigeria, Angola, and Algeria lead Africa’s oil production, driving economies while navigating structural challenges and global market fluctuations.

Shell Nigeria approves Bonga North project, aiming for 110,000 barrels per day, boosting oil production and economic growth.

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

ExxonMobil plans to sell assets in North Dakota’s Bakken shale to focus on high-growth resources, part of its strategy following the Pioneer merger.

Hurricane Francine disrupts Louisiana energy hubs and agricultural exports as it nears landfall, halting oil production and closing key ports.