TotalEnergies Exits Burkina Faso After 71 Years, Sells Assets to Coris Investment
French energy giant transfers operations to Burkinabè businessman Nassa Idrissa Move follows earlier asset sale in Mali amid shifting geopolitical landscape Ouagadougou, Burkina Faso – TotalEnergies has ended its more than seven-decade presence in Burkina Faso, selling its assets to Coris Investment Group, owned by Burkinabè businessman Nassa Idrissa. The sale marks a strategic expansion for […]
Nigeria Surpasses 1.8 Million bpd Oil Output, Exceeding OPEC Quota
Nigeria’s oil production reaches 1.8 million barrels per day, surpassing its 1.5 million bpd OPEC quota. Boost in gas production supports infrastructure, including the AKK pipeline. Lagos, Nigeria – Nigeria has raised its crude oil output above 1.8 million barrels per day (bpd), exceeding the 1.5 million bpd quota set by OPEC, which the country struggled […]