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Category: Oil

Oil rig. Photo @ Pixabay
Senegal lifts oil output forecast after strong shipments
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Taxi bus Libreville, Gabon. Photo @ Unsplash
Gabon unveils $11.8bn budget to reset economy, politics
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Oil drilling rig Photo Marian Lupan @ Unsplash
Western oil majors double down on Nigeria’s offshore fields
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Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Angola secures $8bn oil boost from BP, Eni and Total
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Oil rig. Photo @ Pixabay
Congo signs $23bn oil deal with China’s Wing Wah
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Can South Africa’s $1.1bn trade surplus signal a commodity upswing?
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Oil drilling rig Photo Marian Lupan @ Unsplash
Petrobras eyes return to Nigeria in boost for Africa’s oil and gas
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Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Nigeria, Angola lead Africa’s $100bn refining expansion – OPEC
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Oil drilling rig Photo Marian Lupan @ Unsplash
Nigeria’s July oil output hits 2025 high, beats OPEC quota
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Oil production site. Photo by Zukiman Mohamad @ Pexels
Ghana tightens forex rules on oil and mining firms to protect cedi
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Nigeria inflation cools to 21.88% in July, stoking bets on rate cut
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Photo by Maria Lupan @ Unsplash | Oil production
CEMAC export prices tumble as oil, gas and agriculture weaken
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Oil production site. Photo by Zukiman Mohamad @ Pexels
South Africa, Nigeria near oil supply deal to boost energy security
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AFC-backed projects in Nigeria drive $10 billion forex gains
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Nigeria’s oil output surge eases pressure on budget, currency
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Photo by Maria Lupan @ Unsplash Oil
Senegal posts record oil and gas exports in July
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Photo by Arvind Vallabh @ Unsplash Oil field
Tullow strikes oil boost in Ghana as new well outperforms
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Photo by Nathan Forbes @ Unsplash | Oil block, oil field
Cameroon opens oil and gas blocks to global bidders
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Tunisia turns to natural gas in $57 million industrial energy shift
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Electricity, power Photo by Random Institute @ Unsplash
Will Nigeria’s $2.7 billion bond fix the failing electricity sector?
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Photo by Juan Fernandez @ Unsplash | Fuel, petro
West Africa moves to set own fuel prices
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Photo by Orkhan Farmanli @ Unsplash | Petroleum oil
Senegal’s gold and petroleum boom signals economic leap in West Africa
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Gabon ramps up deepwater push to reverse oil decline
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Trump pushes trade-first Africa strategy to counter rivals
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Senegal slashes oil revenue forecast by 60% through 2028
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Afreximbank warns of trade risks and openings as global fault lines shift
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BEAC governor urges urgent investment in local fuel refining
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Oil price surge offers budget relief but raises risk for Nigeria
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Ghana strikes $2bn deal to extend Jubilee and TEN oil fields to 2040
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Nigeria’s debt-to-GDP set to surge to 67% amid $21.5 billion borrowing plan
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Nigeria opens ₦300bn Sukuk bond offer to fund infrastructure shortfall
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Senegal’s Mining Windfall Lifts Budget Revenues, EITI Data Shows
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Mozambique banks on LNG to ease budget strain
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Cameroon Plans Major Fuel Depot to Prevent Future Shortages
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Ghana Bets on Gas Plant to Cut $600 Million Fuel Bill, Ease Power Woes
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Senegal's Sparking Backlash
Senegal’s Prime Minister Says Country Gets Just 13% of Oil Revenues, Sparking Backlash
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Gabon’s New Dawn Must Balance Bond‑Market Faith with Voter Demands
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Nigeria Slashes Petrol Imports as Local Refining Capacity Surges
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Ghana Moves to De-Risk Oil and Gas Investment with New Licensing Reforms
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Militant Group Claims Pipeline Attacks in Niger Delta, Escalating Political Tensions
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Niger Misses Debt Sale Target as Liquidity Pressures Mount
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Senegal’s Energy Minister Cautions Against ‘Magical Thinking’ on Oil Wealth
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Senegal’s Economy Surges 11.6% on Oil Production Boost
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Congo Targets 63% Debt Reduction as IMF Warns of Distress
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Tinubu Reshapes NNPC Leadership in Push for Oil Sector Reform
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Côte d’Ivoire cuts fuel prices ahead of elections, raising fiscal questions
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Nigeria’s Lawmakers Propose Shared Control of Natural Resources
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Congo to Roll Out New Gas Code in Bid to Boost Output
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Sabotage Sparks New Fire on Gas Pipeline in Nigeria’s Niger Delta
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Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
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Tinubu Suspends Rivers State Governor In State Of Emergency Address
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Nigeria: environmental pollution by burning off gas from the oil production in the Niger delta Ogoniland
Nigeria Risks Oil Disruption Amid Political Crisis in Key Producing State
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Bonny oIl terminal, oil storage tanks and facilty at Bonny, Bonny River, Nigeria
History of Strife Among Nigeria's Energy Players Haunts Crucial Policy Talks
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African Ministers Seek to Leverage AfCFTA for Stronger Trade Amid Global Headwinds
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The captain of a small gunboat navigates down the Bonny River as smoke billows from a illegal refinery on fire, Rivers State, Nigeria
Political Rift in Nigeria’s Oil Hub Threatens 2025 Budget
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Nigeria Expands Refining Capacity with Three New Licenses
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Nigeria Strikes New Deal to Expand Oil and Gas Shipping
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TotalEnergies Exits Burkina Faso After 71 Years, Sells Assets to Coris Investment
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Congo To Open New Oil Licensing Round to Boost Investment
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Tullow Oil Expands Exploration to Gabon in Diversification Drive
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Nigeria’s Refining Push Gains Momentum with New License Award
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Angola Eyes $5.7 Billion Windfall from New Offshore Oil Project
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Nigeria Advances Refining Capacity with New Refinery License
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Tullow Oil Triumphs in $320M Tax Arbitration Against Ghana
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Namibia’s Ruling Party Poised to Retain Power Amid Oil Boom Prospects
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Springfield’s Afina Oil Field Test Fuels Optimism for Ghana’s Energy Sector
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Namibians Vote in Pivotal Election as Oil Wealth Looms
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Nigeria Restarts Port Harcourt Refinery After Five-Year Shutdown
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Ghana Considers Cutting State Stake in Oil Exploration to Attract Investment
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Nigeria Surpasses 1.8 Million bpd Oil Output, Exceeding OPEC Quota
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Gabon Issues Oil Permits to Boost Declining Production
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Angola to Grant Nine New Oil Concessions in Push to Boost Production
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Ghana’s Half-Year Petroleum Revenue Surges to Record High
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J.P. Morgan Invests $300M in Senegal's Oil-Driven Economic Transformation
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Angola's Mid-Year Financial Report Reveals Surplus Amid Inflation Surge and Declining Oil Production
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Nigeria’s Fuel War Looms: Dangote Urges NNPC, Marketers to Halt Imports
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Angola’s Q3 Crude Exports Rise, China Remains Key Market
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Unease Grows in Nigeria Over Army Chief Lagbaja’s Absence
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Seplat Energy Gains by Daily Limit as Nigeria Approves ExxonMobil Asset Divestment
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Gasoline Shipments to Nigeria Plunge Amid Local Refining Surge
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Crude Oil Production Soars 83.6% in Côte d'Ivoire Amid Major Oil Discovery
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Nigeria Aims for 40,000 bpd Crude Oil Production Boost with New FPSO
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Gabon’s Oil Production Drops 11 Percent in Second Quarter
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Edo Refinery in Nigeria to Complete Major Expansion, Expects First Cargo by May 2025
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Nigeria Ends VAT on Natural Gas and Diesel to Boost Clean Energy Investments
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ANPG to Grant 15 New Oil Licenses in Angola by Year-End
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Nigeria to Approve ExxonMobil Divestment “in Days,” President Tinubu Says
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ExxonMobil Transfers Equatorial Guinea Assets to GEPetrol, Ending Decades of Operations
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Nigeria to Revive Two Stalled LNG
Nigeria to Revive Two Stalled LNG Projects as European Demand Grows
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Kuwait Petroleum Corp
Kuwait Petroleum Corp Expands Reach as Europe's Top Jet Fuel Supplier
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NNPC Begins Lifting Petrol from Dangote Refinery Amid Pricing Controversy
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Senegal's President Dissolves Parliament
Senegal's President Dissolves Parliament, Calls for Fresh Elections Amid Opposition Challenges
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Sonangol Set to Pay Second Interest Instalment on 2023-2028 Bonds
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Nigeria Faces Gasoline Supply Uncertainty as Dangote Refinery Threatens Export Shift
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Dangote Refinery Starts Gasoline Production, Set to Disrupt Global Oil Markets
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Gabon to Launch Oil Exploitation in New Wells Following Assala Energy Acquisition
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AFC Backs Nigeria’s Largest Gas-to-Methanol Plant in Akwa Ibom
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Nigeria Lacks Funds to Repair Aging Oil Pipelines, Says Minister
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Oando Acquires Nigerian Agip Oil Company in $783 Million Deal
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Uganda Oil Pipeline to Get Backing From Nine European Banks, Minister Says
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Namibia to Protect Local Jobs in Draft National Oil Law
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Nigeria to Begin Crude Oil Sales in Naira to Local Refineries Starting October
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New Oil Producers in Africa Attract Investment as Established Players Lose Ground
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Cameroon’s State Oil Firm Denies Allegations of Undervalued Crude Sales
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BEAC Currency Rules Stall Central Africa’s Energy Projects
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Oando Shares Surge Following Strategic Acquisitions
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Ghana Approves $980 Million Investment for New Sentuo Oil Refinery
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Can Tinubu Tax His Way Through as Nigeria's Oil Output Struggles?
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Nigeria to Continue Fuel Imports Despite Dangote Refinery Launch
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Cameroon’s Bipaga Plant Powers Keda Ceramics, Boosts Job Growth
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Nigeria’s Stake in Dangote Refinery Drops to 7.2%
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Nigeria Reaches Agreement with Producers for Market-Price Crude Supply to Local Refineries
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VAALCO Energy to Invest $300 Million in Gabon by 2025
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Nigeria Selected as Headquarters for Africa Energy Bank
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Kenyan Business Activity Declines Sharply in June Amid Protests
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Nairobi Bourse Leads African Peers in H1 Returns, Faces Threat from Protests
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Kenya to Revise Borrowing to KES1 Trillion Amid Tax Protests, Says President Ruto
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Senegal Projects $900 Million in Oil and Gas Revenues by 2027
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Dangote Refinery Accuses International Oil Companies of Sabotage
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ENI to Sell 30% Stake in Ivorian Exploration Operations for €1 Billion
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Chevron Signs Deal to Explore for Oil in Angola’s Ultra-Deep Waters
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NNPC Ends Suit Opposing Sale of ExxonMobil Assets to Seplat Petroleum
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Woodside Energy Pumps Oil From Senegal’s First Offshore Field
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Ghana Seeks to Revitalize TEN Field Amidst Declining Oil Production
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Tullow Oil Reports $110 Million Loss Amid Declining Field Productivity and High Impairments
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Seplat Energy Eyes $1.3 Billion Exxon Mobil Nigeria Deal
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