Nigeria, Africa’s largest crude oil producer, has officially kicked off its 2025 oil licensing round, offering 50 blocks to international and local investors. The move, spearheaded by the Nigerian Upstream.
Uganda’s oil dream has become more than a promise but a living reality, shifting investor confidence and showcasing Africa’s right to develop its resources. The East Africa Crude Oil Pipeline.
Nigeria is set to redefine its position as a continental energy powerhouse with the announcement of a $50 billion investment to develop Africa’s second-largest oil refinery in Ondo State. Spearheaded.
The decision by OPEC+ to raise output by a modest 137,000 barrels per day (bpd) in December 2025 and then pause any further increases through the first quarter of 2026.
Over the years, Nigeria, Africa’s top oil producer, lived a paradox: exporting millions of barrels of crude oil daily while importing nearly all its refined fuel at inflated global prices..
On November 3, 2025, Angola’s National Oil, Gas and Biofuels Agency (ANPG) will seal an exclusive negotiation agreement with energy giant Shell to explore and develop Blocks 19, 34, and.
Egypt is once again drilling deep, not just into its soil, but into the very foundation of its energy ambitions. In a bold new move, the North African powerhouse has.
Nigeria’s energy sector has received a powerful jolt of optimism with Shell’s approval of a $2 billion offshore gas development in the HI Field, located in Oil Mining Lease (OML).
When nations envisage greater control over their oil value chain, they often shift midstream or downstream to reassert sovereignty and reduce external vulnerabilities. Nigeria’s commissioning of FSO Cawthorne, its first.
For decades, the story of African oil has been a paradox of poverty amidst plenty. Nations rich in black gold have watched their crude siphoned away in tankers, only to.
