Tag: oil

Avoiding ‘resource curse’: why Africans benefit little from big oil and gas finds

February 15, 2024

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

December 20, 2023

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

August 30, 2023

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

March 20, 2023

'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

September 30, 2022

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

September 28, 2022

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

September 21, 2022

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

September 12, 2022

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

September 1, 2022

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

August 24, 2022

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