Most Recent World News

Nigeria Reaches Five-Year Crude High Through Structural Reforms

Nigeria’s rise to 1.71 million barrels per day is more than a production milestone; it signals a major shift in the country’s energy strategy. Beyond the headline figure lies a.

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Balancing the Barrel: Ghana’s Fuel Economy

Ghana’s fuel economy is once again under pressure as rising global oil prices trigger higher domestic fuel costs, exposing the country’s vulnerability to external energy shocks. With tensions in the.

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US-Iran Tensions Push North Africa as New Oil Powerhouse

Rising tensions between the United States and Iran are once again disrupting global energy markets, threatening the stability of the Strait of Hormuz, a route that carries nearly 20 percent.

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Namibia: From Mineral Exporter to Future Oil Powerhouse

What began as a series of early deepwater oil discoveries off the coast of Namibia in 2022 has evolved into a full-scale strategic energy shift. These discoveries have triggered a.

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Nigeria: Dangote Targets $40 Billion Expansion to Scale Refining and Fertiliser Output

Nigeria’s industrial landscape is poised for a transformative leap as the Dangote Group unveils an ambitious $40 billion expansion plan aimed at significantly increasing its refining and fertiliser production capacity.

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Nigeria’s Dangote Refinery Boosts Exports to Ease Africa’s Supply Crunch

The Dangote Refinery is emerging as a transformative force in Africa’s energy landscape, scaling up exports to address the continent’s persistent fuel supply gap. This expansion comes at a time.

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Somalia Set to Launch First Offshore Oil Drilling Campaign

Somalia is preparing to commence its first offshore oil drilling campaign, marking a significant step in its long-anticipated entry into the global energy landscape. The arrival of Turkey’s drilling vessel.

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NOC Leads Libya’s Strategic Oil Recovery Across Three Basins

Libya’s oil sector, long defined by its vast resource base, is entering a new phase of strategic recovery, driven by recent discoveries across three major basins. Spearheaded by the National.

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Nigeria’s Aviation Fuel Exports Stabilise Markets Amid Geopolitical Tensions

As tensions in the Middle East disrupt jet fuel flows through the Strait of Hormuz—a critical corridor that has historically supplied nearly 40% of Europe’s aviation fuel—global supply chains are.

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Mopane Discovery Confirms Namibia’s Emergence as a Credible Oil Economy

Namibia is rapidly emerging as a serious player in the global energy landscape, following a 57% increase in the Mopane field’s contingent resources to 1.38 billion barrels of oil equivalent.

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