Kenya Loses $200m Amidst Oil Dispute with Uganda

New data has shown that Kenya’s oil fallout with Uganda late last year has amounted to…

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…

Trexm Oil and Gas Explores Other Energy Sector Businesses

Trexm Oil and Gas Services Nigeria Limited says it is exploring other business opportunities in the…

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…

U.S Proposes Methane Emissions Fee for Oil and Gas Giants

The U.S. has proposed a methane emissions fee on major oil and gas producers following the…

Seven Oil Marketers to Distribute Dangote Refinery’s Products

Nigeria’s seven major oil marketers have registered with the Dangote Petroleum Refinery to lift and distribute…

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…

OPEC Pushes for More Investment in Oil Despite Global Renewable Shift

The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…

IPR Energy Discovers Oil in Egypt

US-based IPR Energy Group (IPR) has discovered oil with its West AY-1X exploration well onshore Egypt.…

Madagascar Hybridises Oil Power Plants with Solar PV, Plans 2nd Phase

Madagascar hybridises three large-scale heavy-fuel oil power plants with solar photovoltaic (PV) and plans to commence…