THE Africa Gas & LNG Summit (AfGLNG) will take place in Maputo from 11-13 November 2026, bringing together government leaders, energy executives, investors and industry experts to examine how Africa can convert its gas resources into wider economic opportunity. The summit will be held at the Joaquim Chissano International Conference Centre, under the official patronage […]
On Monday, the Dangote Petroleum Refinery launched an initial public offering (IPO). It issued 4.1 billion ordinary shares, worth a total USD 1.6 billion (NGN 2.15 trillion), or a 3% stake in the company. The IPO, if fully subscribed, will be Africa’s largest ever, and the company could exercise an option to raise the offering […]
Senegal and Eni have signed a memorandum of understanding covering the assessment of five offshore oil blocks as Dakar seeks to revive exploration and attract new energy investment. Eni will finance technical studies on blocks SN01M, SN02M, SN03M, SN07M and SN40M, but the preliminary agreement does not include drilling at this stage. Senegal plans to […]
Ghana’s national exploration company, GNPC Explorco, has showcased the investment and exploration potential of the Voltaian Basin as the country seeks to attract fresh investment into its upstream petroleum sector. The presentation was made during Ghana Day at AOW:Energy 2026 in Accra, which brought together governments, national oil companies, international operators, investors and financial institutions […]
China National Petroleum Corporation (CNPC) Chairman Dai Houliang met with India’s Petroleum and Natural Gas Minister Hardeep Singh Puri in New Delhi, with the two sides exchanging views on deepening energy cooperation, according to CNPC on Monday. Speaking at the meeting, Dai said that in recent years, the leaders of China and India have met […]
Iraq plans to increase investment in gas production to achieve self-sufficiency, as well as to boost oil output over the next five years, Iraqi Prime Minister Ali al-Zaidi has said. Speaking during a meeting in France with a delegation led by TotalEnergies CEO Patrick Pouyanné, he outlined that this will allow Iraq to reach production […]
President Donald Trump and Ukraine offered differing accounts of a supposed agreement with Russia to stop attacks on energy infrastructure, as strikes on oil refineries help drive diesel prices to record levels. Trump on Monday blamed the strikes, rather than the war in Iran, for the surge in diesel prices and posted on social media […]
Oil prices continued to rise early on Tuesday, rallying by 1.7% in Asian trade, as the Iran-backed Houthis in Yemen are expanding their control over the west coast along the Red Sea, while the attacks on a key Saudi onshore oil pipeline triggered concerns about additional disruptions to already severely disrupted oil supply from the […]
Venezuela is deploying officials to a Group of 20 summit of energy chiefs in Texas this week, underscoring the rapid rapprochement between Washington and Caracas. The Venezuelan authorities are attending the G20 energy ministerial that started Monday in Houston at the invitation of the Trump administration, according to a White House official who asked […]
Hornbeck Offshore Services has secured a multi-year North Sea contract for riserless plug-and-abandonment (P&A) operations through its Helix Well Ops (U.K.) subsidiary. The contract, awarded by an undisclosed North Sea operator, is scheduled to begin in second-quarter 2027. It has a firm two-year term with options for the customer to extend the work. Hornbeck will […]