Israel’s Navitas Petroleum Takes Operatorship of South Africa Offshore Block in Major Atlantic Exploration Push
Israel’s Navitas Petroleum has signed a definitive agreement to acquire a 37.5 per cent working interest in Block 1 CBK…
Capricorn and Cheiron Commit $208 Million to Transform Egypt’s Western Desert into a Revitalised Oil Frontier
The Egyptian General Petroleum Corporation (EGPC), Cheiron Petroleum Corporation, and Capricorn Energy have signed a landmark consolidation and investment agreement…
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…
Emirati Firm MCS Group Tapped to Lay Nigeria’s 22-Kilometre Subsea Gas Pipeline in Niger Delta
Abu Dhabi-headquartered MCS Group has been appointed to support the installation of a 22-kilometre subsea pipeline for the FIRST Integrated…
African Entrepreneurs Create Millions of Jobs Through Innovation
Across Africa, young entrepreneurs are transforming local economies through technology, agriculture, renewable energy, and financial services. Reports released this week…
Nigerian Climate Startups Receive Major Funding Boost
Ten Nigerian companies developing solutions for extreme heat and climate challenges have secured fresh international funding to expand their innovations.…
Clean Energy Investments Expand Across Africa
African countries are attracting new investments into renewable energy and sustainable infrastructure projects. Several new agreements announced recently are expected…
Regenerative Agriculture Gains Momentum Worldwide
Sustainable farming practices known as regenerative agriculture are receiving growing global attention as governments and companies search for better ways…
African Banks Drive Financial Innovation and Economic Growth
African financial institutions are playing a larger role in supporting economic development through innovation, digital banking, and regional trade expansion.…
NNPC in Talks to Hand Chinese Investors 51% Stake in Port Harcourt and Warri Refineries in Landmark Equity Deal
Nigeria’s state oil company, the Nigerian National Petroleum Company (NNPC) Limited, is considering handing Chinese investors a majority 51 per…
Vietnam Turns to Congo’s Djeno Crude as Asia’s Biggest Refinery Scrambles to Diversify Oil Sources
Vietnam’s state energy firm Petrovietnam has received its first-ever cargo of Djeno crude oil from the Republic of the Congo,…
Angola Offers South Korea a Crude Oil Lifeline, Eyes Deeper Energy and Minerals Partnership
Angola has signalled its readiness to redirect crude oil supplies specifically to South Korea, offering Pyongyang’s refineries a reliable alternative…
Egypt Charges Ahead on Solar Energy: Banque Misr Launches Residential Financing Programme
Egypt’s second-largest state-owned bank, Banque Misr, has launched a special programme to finance the installation of residential solar panels, aligning…
Libya and Eni Chart Course for Expanded Gas Cooperation, Targeting Flaring Reduction and New Field Development
The Libyan National Oil Corporation (NOC) and Italian energy major Eni have held high-level discussions on strengthening cooperation across several…
BP Weighs Sale of Egyptian Gas Assets as New CEO Steers Major Corporate Overhaul
Oil major BP is considering selling some of its natural gas assets in Egypt, according to four sources close to…
Egypt Strikes its Biggest Gas Find in 15 Years: Agiba’s 330 BCF Western Desert Discovery Supercharges National Energy Drive
Egypt has announced a major oil and natural gas discovery in the Western Desert — the largest made by Agiba…
Perenco Congo Drills Its Way to a 6,000 bpd Production Boost at Tchibouela East
Advanced horizontal and U-shaped well techniques have extended the life of a 30-year-old offshore field — and Perenco is already…
TAG Oil Secures Rig for New Egypt Well, Set to Drill in Western Desert by End of June
A 4,250-metre vertical well targeting a naturally fractured reservoir is the next step in TAG Oil’s Egyptian exploration programme Canadian…
Nigeria Races to Fill Global Oil Supply Gap with Ambitious 100,000-BPD Output Push
Nigeria is aggressively ramping up crude oil production to capture widening global supply gaps, with authorities targeting an immediate increase…
AI Comes to the Oilfield: EZOps Launches Voice-Activated Task Management for Field Teams
Rig workers and field technicians can now log tasks from their truck cab or wellsite using voice, images, or copied…