Senegal’s Subsidy Bill Balloons Toward $2 Billion as Oil Price Surge Tests Fragile Public Finances
Senegal’s fuel subsidy bill could exceed its 2026 budget allocation by as much as CFA1.15 trillion — equivalent to approximately…
Shell to Map Sierra Leone’s Offshore Frontier Across 19 Blocks, Supercharging West Africa’s Next Exploration Hotspot
A landmark agreement with Shell is set to significantly accelerate Sierra Leone’s upstream ambitions, positioning the country as one of…
Nigeria Poised to Become Europe’s Critical Gas Lifeline as West Africa’s 300 Trillion Cubic Feet of Reserves Draw Global Attention
Nigeria is increasingly being positioned as a cornerstone of Europe’s long-term energy diversification strategy, with Africa’s most gas-rich nation holding…
Technology Race Accelerates with AI and Digital Innovation Boom
The global technology sector is experiencing rapid expansion, especially in artificial intelligence, automation, and semiconductor development. Major economies are investing…
Climate and Environmental Risks Intensify Worldwide
Global climate experts are reporting rising environmental risks, including extreme heat, flooding, and unpredictable weather patterns across continents. Africa, Asia,…
Africa Strengthens Global Diplomatic and Trade Partnerships
African countries are expanding diplomatic and economic engagement with major global powers, focusing on trade, technology transfer, and infrastructure development.…
Global Health Experts Warn of Increasing Disease Outbreak Risks
Health organisations and global preparedness agencies are warning that infectious disease outbreaks are becoming more frequent and more difficult to…
Africa’s Growth Holds Steady but Faces Rising Risks
Sub-Saharan Africa continues to record moderate economic growth, but new risks are threatening long-term stability. Growth remains around the mid-4…
Global Economy Slows as Inflation Pressures Persist Worldwide
The global economy is facing a slowdown in growth projections for 2026, driven by rising inflation, energy disruptions, and geopolitical…
Africa Pushes New Financial Independence Plan Amid Global Funding Decline
African leaders and financial institutions are advancing a new strategy aimed at reducing dependence on foreign aid and external borrowing.…
TotalEnergies Doubles Down on Angola with $6 Billion Kaminho FPSO, New Frontier Blocks and Extended Kaombo Licence
TotalEnergies is advancing a wide-ranging offshore growth strategy in Angola that combines new deepwater project development, brownfield optimisation, and frontier…
Weatherford Secures ExxonMobil Deepwater Contract Offshore Nigeria, Strengthening West Africa’s Subsea Expansion Drive
Weatherford International has won a deepwater integrated completions contract from Esso Exploration & Production Nigeria, an affiliate of ExxonMobil, in…
Oceaneering Lands Shell JV Contract to Restore Production at Egypt’s Giant Offshore Gas Field on Accelerated Timeline
Oceaneering has won an integrated offshore installation contract with Burullus Gas Company — a joint venture between the Egyptian General…
Panoro Energy Eyes 20,000 BPD Target as Block G Deal Reshapes Its Equatorial Guinea and Gabon Growth Story
Norway-listed Panoro Energy has reported first-quarter 2026 performance in line with expectations and outlined a series of significant operational and…
Afentra Pushes Ahead with Angola Exploration After Rejecting Suitors, Eyes First Oil from Block 3/24 by End-2027
UK-listed oil and gas company Afentra is pressing forward with an ambitious onshore and offshore exploration programme in Angola —…
Nigeria’s Attorney General Enters Fuel Import War: Federal Government Mounts Full Legal Defence Against Dangote Refinery’s Landmark Lawsuit
Nigeria’s Office of the Attorney General of the Federation has taken direct command of a coordinated legal defence as the…
Erdogan’s Historic Somalia Drilling Gamble: Turkey’s First Overseas Deep-Sea Oil Hunt Triggers Sovereignty Storm in the Horn of Africa
Turkish President Recep Tayyip Erdogan has announced that Ankara aims to complete its first-ever overseas deep-sea oil exploration operation off…
Nigeria’s Tank Farm Owners Back Dangote in Fiery Battle Over Petrol Import Licences, Demand End to Fuel Imports
Nigeria’s Jetties and Petroleum Tank Farm Owners (JETFON) have thrown their weight behind the Dangote Refinery’s legal challenge to renewed…
World First: Crane-Less Wind Turbine Technology Conquers Namibia’s Extreme Winds in Landmark Clean Energy Breakthrough
Spanish company Nabrawind has successfully completed the installation of the first wind turbine using its revolutionary Skylift crane-less system at…
Sintana Energy Raises $11.5 Million to Accelerate Offshore Drilling in Namibia and Angola
Canadian oil and gas exploration company Sintana Energy has raised $11.5 million through a new fundraise, strengthening its capital base…