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Tag: oil
Avoiding ‘resource curse’: why Africans benefit little from big oil and gas finds
Senegal joins other African countries like Nigeria or Namibia that have struggled to manage their oil and gas resources discovered in recent years for the ... Read More
TotalEnergies unveils plan to invest $6bn in Nigeria’s energy sector
French energy giant TotalEnergies has unveiled a $6 billion investment plan spread across several years in Nigeria, just as the West African country is looking ... Read More
BP mulls plans to invest $3.5bn in Egypt over next three years
British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. ... Read More
Africa’s top 500 companies: champions in mining, oil, construction powering ahead
'A revival with fanfare' is how the latest ranking of the most important 500 African companies drawn up by Jeune Afrique magazine might be best ... Read More
Million livelihoods in DR Congo threatened by planned oil, gas projects — Report
Planned oil and gas exploration in the eastern Democratic Republic of Congo could expose more than one million people to pollution and disease, according to ... Read More
Congo, Russia ink 5 MoU including Brazzaville’s 1,000-km pipeline
Congo and Russia have signed five memorandum of Understanding (MoU) including the construction of an oil-pipeline in the capital Brazzaville. The agreements were inked at ... Read More
Namibia’s dilemma: green energy champion or oil-producing nation
Namibia’s first 'green hydrogen' power plant — and also first one being built in Africa — which is expected to begin producing electricity in 2024, ... Read More
Central African states inked deal to create regional oil, gas pipeline network and hubs
Central African countries have signed an agreement to create a regional oil and gas pipeline network and hub infrastructures which proponents say will strengthen energy ... Read More
Nigeria’s NNPC adopts Saudi Aramco’s security model to curb oil theft
Nigeria has decided to adopt the security infrastructure similar to that of Saudi Arabia’s oil giant Aramco to protect its oil pipelines and curb theft. ... Read More
State of Angola’s economy taking centre stage in the polls
After the last decades of civil war, an oil boom, corruption scandals, the state of Angola’s economy will be one of the biggest and most ... Read More