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Category: Energy
Shell’s write-down of Namibia’s offshore oil discovery ‘merely speed bump, not road block’
In a blow to Namibia's efforts to become a crude producer, the British energy giant Shell has announced a $400 million write-down related to an ... Read More
South Sudan restores crude oil production and export via Sudan as force majeure is lifted
The South Sudanese government and key oil companies have jointly announced the resumption of oil production and export at its Blocks 3 and 7 in ... Read More
Senegal produces above target 16.9 mln barrels of oil in 2024
Senegal's Sangomar offshore oil and gas field has produced 16.9 million barrels in 2024, surpassing its 11.7 million target, according to official figures. Sangomar field, ... Read More
Mauritania has officially become a gas-producing country
Mauritania has officially become a gas-producing country, as announced by the Minister of Energy earlier on December 31, 2024. The milestone was achieved with the ... Read More
ENI starts oil and gas production offshore Côte d’Ivoire
Italian energy giant ENI started phase 2 of oil and gas production in the offshore Balaine field, which helps Côte d’Ivoire consolidate its role as ... Read More
Libya’s oil production surpasses annual target
The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an additional ... Read More
Leaked documents reveal systemic failures in Nigerian oil-spill cleanup
A satellite image captured above Nigeria’s Niger Delta in 2021 revealed a swath of barren land near Port Harcourt—once lush farmland, now rendered unusable. This ... Read More
Morocco to expand petroleum product storage capacity to 1.8 Million m³ by 2030
Morocco will expand its petroleum product storage to 1.8 million cubic meters by 2030, which would cover an additional 41 days of national consumption, Morocco's ... Read More
Senegal-Mauritania: GTA project completed at 97%; BP advances gas production efforts
The Greater Tortue Ahmeyim (GTA) gas production project, spanning Senegalese and Mauritanian waters, has reached 97% completion as of September 2024, according to British Petroleum ... Read More
Africa’s food imports projected to increase sevenfold to $110bn by 2025 — Afreximbank
Many African countries still depend solely on food importation to survive regardless of their large land areas, says a new report by the African Export-Import ... Read More