XRG Enters Mozambique LNG Market with Area 4 Stake
XRG, the global investment arm of the Abu Dhabi National Oil Company, has successfully acquired Galp’s 10% interest in the…
Nigeria Prioritises Brownfield Developments to Boost Production
Nigeria is increasingly focusing on developing its brownfield assets as a strategy to enhance oil production. This approach can yield…
GEIL Starts Commissioning 750,000 Barrel Terminal, Receives Approval to Inject Hydrocarbon
Nigerian independent Green Energy International Limited (GEIL) has reached a significant milestone with the mechanical completion of its 750,000-barrel crude…
TOTAL Closes Acquisition of Stakes in Uganda’s Largest Hydropower Plant
French energy giant TOTALEnergies has successfully completed the acquisition of SN Power, marking a significant milestone in the implementation of…
Aradel Completes $19.5m Acquisition of Olo and Olo West Marginal Fields
Aradel Holdings Plc, an indigenous energy company, has announced the successful completion of its acquisition of the Olo and Olo…
China’s COOEC Starts Shell Nigeria’s Gas Project
China Offshore Oil Engineering Company (COOEC) has commenced fabrication of critical infrastructure for Shell’s HI shallow-water gas and condensate development…
Heirs Energies Repositions To Hit 100,000 Barrels Of Oil Production Daily
Heirs Energies is making significant investment progress as it prepares to exert more pressure to deliver increased oil production from…
Nigeria Proposes Measures To Revive Moribund Oil Fields
Nigeria is taking decisive action concerning underperforming oil blocks, with the government considering withdrawing licenses from operators who have failed…
ONGC Videsh Approves Rs 1,500 CR Investment for Mozambique LNG
ONGC Videsh Ltd. (OVL), the overseas arm of India’s national oil company, has approved a ₹1,500 crore investment to drive…
South Africa’s Ambassador to the US has 72 hours to pack bags
As Marco Rubio calls South Africa’s Ambassador Ebrahim Rasool persona non grata, here is a timeline of a falling out.…
EU sanctions Rwandan generals on eve of crucial diplomatic week
Brussels finally approved sanctions on 17 March against senior Rwandan military and M23 officials. The rebels, who are supposed to…
What innovations are planned for sustainable finance?
Sustainability is integral to CIB’s business practices, policies and processes. Since the events of 2011 in Egypt, we have worked…
CIB MARKS A GOLDEN ANNIVERSARY
Commercial International Bank Group CFO and Executive Board Member, Islam Zekry on what a half-century of resilience, resolve and regional…
South Africa: Can Trump be appeased? Ramaphosa’s 4‑point keep‑calm strategy
President Cyril Ramaphosa has moved to calm the waters domestically after attacks by the new United States administration on South…
CAMEROON AFTER BIYA: WHO WILL SUCCEED AFRICA’S LONGEST‑SERVING LEADER?
Succession tensions threaten stability in Africa’s enduring one-man regime. Paul Biya has ruled Cameroon since 1982, presenting his long tenure…
Congo government and M23 rebel group will hold peace talks on March 18, mediator Angola says
DAKAR, Senegal (AP) – Congo’s government and the M23 rebel group will participate in peace talks on March 18, Angola…
Wole Soyinka: ‘State of emergency in Rivers State betrays federalism’
The suspension of Rivers State Governor Sim Fubara and declaration of a state of emergency is fundamentally against the spirit…
Mnangagwa’s Zimbabwe among the world’s most unhappy countries
African nations including Zimbabwe and Sierra Leone grapple with corruption, poverty and political discontent, dragging the continent into last place…
Trump’s travel ban: Over half the countries on the list are in Africa
In a memo over sweeping travel restrictions being discussed by the Trump administration, half of the 43 countries named are…
TotalEnergies Expands Angola Operations with $6B Deepwater Project, Sustainability Initiatives
TotalEnergies is driving new upstream programs in Angola – from offshore exploration to infill drilling to greenfield projects – as…