African oil and gas news: production, upstream investment, refining, licensing rounds and energy policy across producing countries.
The Federal Government has declared its intention to invest and focus attention on natural gas exploitation in the country.Addressing the 6th Gas Exporting Countries Forum (GECF) Summit in Doha, Qatar, …
A London court will on Wednesday begin to hear a lawsuit launched by Nigeria against U.S. bank JP Morgan Chase, claiming more than $1.7 billion for its role in a …
African Oil producers have expressed support for the establishment of an energy bank to facilitate the financing of major oil and gas projects in the continent. The proposed energy bank …
(Reuters) – Sasol Ltd’s (SOLJ.J) core revenue for the six months ended Dec. 31 had tripled, the South African chemical substances and gas producer reported on Monday, boosted by a …
United Arab Emirates-based Dragon Oil has made its first oil discovery in the Gulf of Suez, the Egyptian petroleum ministry said in a statement on Tuesday. The discovery is one …
The Nigerian National Petroleum Company (NNPC) Limited says it posted a total of $224.29 million receipts from crude oil and gas export in August 2021 as against $191.26 million in …
(African News) Oil has an outsize influence on Nigeria’s economy despite representing a relatively small proportion of its GDP, about 9 per cent in 2021. Oil sales made up one-third …
Oil rose more than 1 per cent on Monday to the near 7-year highs hit in the previous session, while supply concerns and political tension in Eastern Europe and the …
(Bloomberg) — A key obstacle to an emergency program to supply 2,000 megawatts of power to South Africa’s grid has been removed with the dismissal of a legal challenge to …
The African continent has the most people without access to energy and yet also represents the continent with the fastest-growing population. As demand continues to far outweigh supply, energy poverty …
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