TotalEnergies and Egyptian Natural Gas Holding Company have signed a memorandum of understanding (MoU) covering offshore exploration cooperation in northwestern Egypt as the companies continue evaluating deep offshore resource potential in the region.
Sinopec has secured official approval for 235.687 Bcm of proven geological reserves at the Ziyang Dongfeng shale gas field in China’s Sichuan basin, marking the country’s first ultra-deep shale gas field with reserves exceeding 100 Bcm.
ReconAfrica and its partners NAMCOR and BW Energy are advancing downhole production testing operations at the Kavango West 1X (KW1X) well in Namibia, with testing expected to begin before the end of May.
Senegal’s state-owned oil company said the Yakaar-Teranga gas discovery will cost $7.5 billion to develop, but will help the country slash energy subsidies once on stream
After successfully launching Nigeria’s only operational oil refinery in 2024, billionaire businessman Aliko Dangote has set his sights on East Africa as the next location for another mega refinery project, according to recent reports.
Nigeria recorded its strongest oil production performance so far in 2026, as total liquid output rose to 1.66 million bpd in April from 1.54 million bpd in March, although crude output fell short of the 1.5 million bpd quota allocated to the country by the Organisation of Petroleum Exporting Countries (OPEC).
Nigeria’s oil production rose 106,000 month-on-month to 1.48 million barrels per day in the month of May. That’s according to data from OPEC Monthly Oil Market Report. Meanwhile, investors continue to monitor the fragile Middle East ceasefire and await outcome of talks between U.S. President Donald Trump and China’s Xi Jinping in Beijing. Chinnan Dikwal, Vice Chair of African Energy Council joins CNBC Africa for more.
Ghana is taking steps to buy Lukoil PJSCS stake in an offshore oil block to gain greater control over future output in the country, according to people familiar with the matter. The West African nation is considering using its pre-emptive rights to acquire the sanctions-hit Russian company’s 38% stake in the Deepwater Tano Cape Three […]
The Trump administration announced Monday it would loan out 53.3 million barrels of oil from the country’s Strategic Petroleum Reserve to energy companies – an attempt to bring down skyrocketing oil prices as a result of the U.S. war with Iran.
The Exxon Mobil Corp-led PNG LNG joint venture on Tuesday announced a final investment decision (FID) to proceed with a tie-in project to unlock more feed gas for the liquefaction facility in Papua New Guinea