Tag: oil

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

UN report: Africa, still too reliant on commodities exports, needs to diversify

July 26, 2022

Nearly 60% of African countries remain dependent on exports of commodities despite decades-long efforts to diversify. Therefore, a shift especially to technology and financial services, ... Read More

U.S contracts Deloitte to research Libya’s oil sector

October 28, 2021

U.S administration has recently contracted for two assessments of the Libya’s oil sector recovery, Libya Observer reports, citing France-based investigative media Africa Intelligence. The first ... Read More

State-run Sonatrach inks exploration & partnership MoU with Exxon

April 21, 2020

Gas and oil giant Sonatrach has signed a Memorandum of Understanding (MoU) with US Exxon to identify exploration opportunity in the North African country and ... Read More