Ghana’s Tema Refinery Resumes Operations After Four-Year Shutdown
Ghana’s Tema Refinery Resumes Operations After Four-Year Shutdown Ghana’s state-owned Tema Oil Refinery has resumed crude oil refining operations on December 19, 2025, after several years of inactivity. The achievement follows the successful completion of major Turnaround Maintenance works on the Crude Distillation Unit, executed within three months from August 1 to October 30, […]
Europa Oil & Gas Secures Chinese Partner for Equatorial Guinea Offshore Drilling
Europa Oil & Gas Secures Chinese Partner for Equatorial Guinea Offshore Drilling UK-listed Europa Oil & Gas has finalized a binding farm-out agreement with Fuhai (Beijing) Energy, bringing the Chinese investor into the EG-08 production sharing contract offshore Equatorial Guinea. Through Europa’s affiliate Antler Global, Fuhai will acquire a 40% working interest and will […]
Gabon Strengthens Regional Energy Engagement with Major Reforms
Gabon Strengthens Regional Energy Engagement with Major Reforms Sosthène Nguema Nguema, Gabon’s Minister of Oil and Gas, has confirmed his participation as a speaker at the upcoming Libya Energy & Economic Summit 2026, taking place in Tripoli from January 24-26. The announcement highlights Gabon’s ongoing efforts to attract international investment and advance strategic reforms […]
Regulatory Reforms Drive Investment Surge Across African Oil Producers
Regulatory Reforms Drive Investment Surge Across African Oil Producers Regulatory reform continues to reshape Africa’s upstream oil and gas landscape heading into 2026, with major producers reporting substantial gains tied to clearer fiscal terms and streamlined licensing. Angola remains a leading example, advancing multi-year bid rounds, establishing the National Oil, Gas & Biofuels Agency, […]
Chevron Achieves First Oil from South N’Dola Platform in Angola
Chevron Achieves First Oil from South N’Dola Platform in Angola Chevron has reached a significant milestone with first oil from its South N’Dola platform offshore Angola in December, just over two years after construction began. The platform is located in Block 0, one of Angola’s most prolific offshore producing areas, accounting for about 12% of […]
Nigeria’s NNPC Unveils Ambitious $30 Billion Fundraising Plan
Nigeria’s NNPC Unveils Ambitious $30 Billion Fundraising Plan Nigeria’s state-owned oil producer has announced plans to develop new oil fields starting in 2026 and aims to raise at least $30 billion by the end of the decade. The Nigerian National Petroleum Company’s aggressive push is designed to reverse years of underinvestment that have left several […]
Heirs Holdings Secures $496 Million Stake in Seplat Energy
Heirs Holdings Secures $496 Million Stake in Seplat Energy Nigerian tycoon Tony Elumelu’s Heirs Holdings has agreed to acquire a 20% stake in Seplat Energy, the nation’s biggest oil explorer by value, for $496 million from France’s Etablissements Maurel & Prom. The acquisition, announced Wednesday, sent Seplat’s shares surging 11% in London while Maurel & […]
Libya’s NOC Records Highest Oil Production in a Decade
Libya’s NOC Records Highest Oil Production in a Decade Libya’s National Oil Corporation has achieved a historic milestone, recording the highest average crude oil production rate in ten years at 1.374 million barrels per day in 2025. The remarkable achievement represents total crude oil production of 501 million barrels for the year, demonstrating the […]
Cultural and Creative Industries See Strong Growth Across Major Cities
Cultural and Creative Industries See Strong Growth Across Major Cities Creative and cultural industries are experiencing renewed growth across major global cities, according to newly released industry assessments. Sectors including film, fashion, music, design, and digital arts are showing increased economic contribution and global visibility. City officials credit targeted investments, creative hubs, and […]
Technology Firms Unveil New AI Tools to Transform Everyday Business Operations
Technology Firms Unveil New AI Tools to Transform Everyday Business Operations Major technology companies today introduced a new generation of artificial intelligence tools designed to streamline everyday business operations. The announcements highlight AI’s growing role beyond research labs and into routine workplace functions. The newly unveiled tools focus on automating administrative tasks, improving […]