First Independent Mena Newspaper
Libya’s National Oil Corporation (NOC) has signed a production-sharing agreement with US energy company Chevron as the country seeks to attract investment and increase oil production. NOC Chairman Masoud Suleiman said the agreement represents an important step towards exploring and developing Libya’s hydrocarbon resources while strengthening partnerships with major international energy companies. Suleiman said the […]
Prime Minister of Libya, Abdelhamid Dbaiba, on April 28, 2026, held talks with a delegation from Chevron to explore opportunities for expanding cooperation in the oil and gas sector. The discussions focused on advancing investment and supporting the company’s operations in Libya, following its successful bid in a recent exploration licensing round organized by the […]
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 offshore oil discovery in the southern African nation, citing concerns about the project’s commercial viability, There have been several oil explorations by major oil conglomerates in Namibia in recent years, […]
Angola and the neighboring Democratic Republic of the Congo (DRC) are reportedly inching towards a settlement of a 50-year dispute over one of their offshore oil blocks, which may also pave the way for the expansion of collaboration between the two countries in various sectors. If successful, the deal could help reduce tensions between the […]