Tag: oil

Niger envisions new era of development as its first oil export arrives in Benin

April 25, 2024

First Nigerian oil has arrived at the Beninese oil terminal of Sémè Kraké using the Niger-Benin pipeline, with experts hailing the launch of this platform ... Read More

Africa needs to invest $9.3bn to expand oil infrastructure — report

April 25, 2024

With Africa's aging mid- and downstream oil products supply infrastructure, the countries on the continent must invest a combined $9.3 billion to expand fuel-transportation infrastructure ... Read More

Senegal’s new govt to audit oil, gas, mining industries, pledging to protect investor rights

April 9, 2024

Senegal will conduct a comprehensive audit of the oil, gas and mining sectors, according to the newly elected President Bassirou Diomaye Faye, who, however, also ... Read More

Senegal’s new president Faye vows ‘systemic change’, names firebrand opposition leader Sonko as PM

April 3, 2024

Only hours after being sworn in as Senegal's president on Tuesday (2 April), Bassirou Diomaye Faye named popular opposition figure Ousmane Sonko as the nation’s ... Read More

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