News

Raxio Group Inaugurates $30 Million Tier III Data Centre in Angola

Angola’s digital economy took a significant step forward on October 2 with the inauguration of Raxio…

Eni Greenlights Mozambique’s Coral North FLNG Project

Eni and its partners—China National Petroleum Corporation (CNPC), Empresa Nacional de Hidrocarbonetos (ENH), Korea Gas Corporation…

IOCs’ Divestments Unlock $5.5bn Investment, Says Lokpobiri

Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has confirmed that International Oil…

Ivory Coast Issues 11 New Mining Permits to Drive Exploration

Ivory Coast said it has granted 11 new mining exploration permits to local and international companies…

Seplat Reaffirms Growth Strategy through Asset Integrity

Seplat reaffirms its growth strategy by unlocking value in mature fields and enhancing cash flows across…

Liberia Signs Major Oil Exploration Agreements with Atlas Oranto

The Liberia Petroleum Regulatory Authority (LPRA) has signed four Production Sharing Contracts (PSCs) with Atlas Oranto…

Nigeria’s Energy Shake-Up: PENGASSAN Strike Slashes Oil, Gas, Power Output

Nigeria’s oil and gas industry is still reeling from last week’s strike by the Petroleum and…

Tinubu to Commission $400m Otakikpo Oil Terminal

President Bola Ahmed Tinubu will commission a $400 million Otakikpo oil terminal in Rivers State, marking…

Egypt Rules Out Tariff Increase Until 2026

Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, confirmed that the government will not raise…

Senegal’s Oil Paradox: Exports to Europe, Relies on Nigeria

Industry data from Kpler shows that Senegal’s 30,000-barrel-per-day Dakar Refinery depends heavily on Nigerian supply. The…