Category: Energy

Shell’s write-down of Namibia’s offshore oil discovery ‘merely speed bump, not road block’

January 11, 2025

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

January 10, 2025

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

January 8, 2025

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

January 1, 2025

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

December 30, 2024

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

December 29, 2024

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

December 26, 2024

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

December 18, 2024

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

December 18, 2024

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

December 18, 2024

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