Namibia has appointed Carlo McLeod as Special Adviser and Deputy Director of the new Upstream Petroleum…
Tag: Oil and Gas
Africa Oil Doubles Output, Boosts Profit with $25mn Dividend Payout
Africa Oil Corp posted strong first-quarter results for 2025, with net income rising to $50.9 million…
NUPRC: PIA, Other Reforms Drive Oil, Gas Sectors
A 2025 Investor Perception Survey by Arbiterz Conferences, released to the media last week, highlighted notable…
Equinor Exits Peregrino in $3.5B Deal, PRIO Takes Full Control
Norwegian energy company Equinor ASA has sold its 60% stake in Brazil’s offshore Peregrino oil field…
Power, Credit Woes Undercut Nigeria’s Gains from China Trade
Stakeholders have raised fresh concerns about Nigeria’s poor electricity supply and high lending rates, warning that…
EU Delays Plan to Phase Out Russian Energy Imports
The European Commission has announced it will release a more detailed strategy for phasing out Russian…
ReconAfrica Targets 365 Million Barrels at Namibian Prospect I
Reconnaissance Energy Africa Ltd. (ReconAfrica) is advancing with drilling plans at Prospect I in Namibia. The…
Is Saudi Arabia Sitting on a New Energy Goldmine?
According to the Minister of Energy, Prince Abdulaziz bin Salman bin Abdulaziz, Saudi Arabia has discovered…
Global NGOs Demand Offshore Drilling Ban Ahead of UN Summit
Over 100 international NGOs urge world leaders to ban offshore oil and gas exploration. They want…
Nigeria to Use Vast Oil and Gas for Sustainable Energy Transition – NUPRC
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said Nigeria will harness its vast oil and gas…