President of Sierra Leone, Dr Julius Maada Bio, has engaged with oil marketing companies (OMCs) operating in the country, reaffirming his administration’s commitment to strengthening private sector growth through sustained dialogue and partnership.
Africa’s largest crude oil producer, Nigeria, attracted $5.3 billion in upstream capital investment in 2025, accounting for about 38 per cent of all major project sanctions on the continent over the past 24 months.
The West African Gas Pipeline Company (WAPCo) has announced that it will shut down its gas receiving facilities in Nigeria, Benin, Togo, and Ghana between Sunday, January 18 and January 31, 2026 for routine maintenance works.
Mozambican President Daniel Chapo expects TotalEnergies SE’s $20 billion liquefied natural gas project to restart as early as this month, reviving a potentially key revenue source for the cash-strapped government.
Mitsubishi has struck a deal with Aethon to buy assets worth $5.2 billion in Texas and Louisiana in what would be the largest Japanese investment in U.S. natural gas production to date.
TotalEnergies has entered a joint study and application agreement with BluEnergies to advance exploration of the Harper basin deepwater fan play offshore Liberia.
The U.S. Treasury Department on Wednesday extended a license by more than a month – until February 28 – for companies to talk with Russian energy company Lukoil (LKOH.MM), opens new tab about buying its foreign assets.
Nigeria’s crude oil production slipped in December from November as Africa’s top producer continues to struggle to pump to its full OPEC+ output quota amid operational challenges in its upstream sector.
Nigeria is betting on green finance to drive its energy transition with the president unveiling plans for a $2 billion climate fund on Tuesday, saying oversubscribed green bonds were proof of investor appetite.
Oil prices settled down around 4% on Thursday, ending a five-day streak of gains after U.S. President Donald Trump said the crackdown on protesters in Iran was easing, allaying concerns over potential military action against Iran and oil supply disruptions.