Libya’s oil sector is taking a significant step forward with the resumption of production at the…
Tag: Oil Production
BW Energy Uncovers Major 30M-Barrel Oil Field in Gabon
BW Energy has discovered a new oil field in the Bourdon prospect, located within the offshore…
Chevron Exit Fuels Venezuela’s Crisis
The Trump administration cancelled Chevron’s operating license in Venezuela, raising concerns about worsening the country’s economic…
Trump Halts Chevron’s Venezuela Operations Over Migrant Deal Breach
Donald Trump revoked Chevron’s key license to operate in Venezuela after accusing Caracas of failing to…
Uganda to Miss 2025 Target to Begin Oil Production
Uganda will not begin oil production this year, missing a long-standing target to begin extracting crude…
Nigeria Moves to Restart Oil Production in Vulnerable Region Post-Shell Exit
The Nigerian government is in talks with local communities to restart oil production in a region…
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…
AEC Predicts Decline in Oil Production in 2024
According to a report by the Africa Energy Chamber, Africa is likely to have a flat…