In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…
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South Africa’s First LNG Import Terminal to Cost Over $372m
South Africa‘s first Liquefied Natural Gas (LNG) import terminal at Richards Bay will cost over 7…
Nigeria Can Produce 2.2mbpd of Oil – NUPRC
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has disclosed that…
TotalEnergies Commences Oil Production at Akpo West Field
TotalEnergies and its partners have announced the commencement of oil production from the Akpo West field…
Heirs Energies Increases Daily Oil Production to 40,000bpd
Heirs Energies, Africa’s indigenous-owned integrated energy company, has boosted its daily oil production to 40,000 barrels…
Shell to Sell its Onshore Oil and Gas Subsidiary in Nigeria
British energy major, Shell, has agreed to sell its Nigerian onshore oil and gas subsidiary in…
Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility
The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…
Kinetic Energy to Expand Natural Gas in South Africa
The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a…
Dangote Refinery Receives Additional 1m Barrels of Crude Oil
Dangote Refinery received an additional one million barrels of crude oil yesterday. This new addition comes…
Italy to Invest in Africa –Eni
Eni, Italy’s largest importer of natural gas and a state-controlled energy multinational has said that Italy…