VAALCO’s New Gabon Gas Well Beats Expectations, Cutting Reliance on Costly Diesel
VAALCO Energy has successfully drilled, completed and placed on production the ETBNM-3 gas-supply well on the North Tchibala structure offshore Gabon, with reservoir properties coming in above pre-drill estimates, including strong porosity and permeability and more than 10 metres of net reservoir pay. The well is expected to supply sufficient gas for field […]
Japan’s ITOCHU Bets on Morocco’s Trash, Backing First Waste-to-Energy Plant to Power a Million People
Japanese trading house ITOCHU Corporation has joined Morocco’s first integrated Energy-from-Waste project in Mediouna, Casablanca, partnering with Kanadevia Inova and Nareva on a facility designed to process 1.5 million tonnes of municipal solid waste annually and cover the energy needs of roughly 1 million people. ITOCHU signed a concession agreement with Casablanca Municipality and power […]
Cameroon Bets on Chevron’s Yo Yo Gas Field to End Years of Declining Oil and Gas Output
Cameroon’s Ministry of Finance is projecting a rebound in hydrocarbon activity from around 2028, following a steep decline expected in 2027, with the recovery led by the Chevron-operated Yo Yo field, an offshore gas-condensate discovery in the Douala Basin shared with Equatorial Guinea as the cross-border Yo Yo-Yolanda field. Gas from the field is planned […]
ExxonMobil Books McDermott and Saipem for Next Phase of Mozambique’s $30 Billion LNG Mega-Project
McDermott Energy Solutions and its joint venture partner Saipem have each been awarded a letter of intent by ExxonMobil Moçambique, on behalf of the Area 4 partners, covering preliminary engineering and procurement work for the next phase of the Rovuma LNG Phase 1 midstream development. The award, worth an initial $32 million, goes to the […]
Dangote Confirms October Groundbreaking for Kenya’s Lamu Refinery, Now Priced at Sh2 Trillion
Construction of the proposed Dangote oil refinery in Lamu is set to begin in October, Africa’s richest man Aliko Dangote has confirmed, with the project’s cost now estimated at about Sh2 trillion, down from an initial Sh2.2 trillion. “By October this year, we will be groundbreaking. Once we break the ground, we will begin the […]
Libya’s Oil Chief Says Funding Drought Is Over, Unveils $36 Billion Plan to Hit 2 Million Barrels a Day
Libya’s National Oil Corporation Chairman Masoud Suleiman says a newly approved operating budget of more than LYD 13 billion, around $2 billion, has given the corporation a “lifeline” after receiving no government allocation at all in 2025, and has outlined a $36 billion plan to nearly double crude output to 2 million barrels per day […]
Zallaf Libya Nears Completion of New Al-Shadar Oil Well as It Pushes to Lift Output
Zallaf Libya Oil Exploration, Production and Refining Company says it is close to completing the A-6-C126 well at the Al-Shadar field, expected to add around 1,400 barrels of oil per day, as part of a wider push to increase the company’s oil and gas production. The update came during Zallaf’s 2026 technical and financial review […]
New White House Rules on Risky Virus Research Spark Fears Over Pandemic Preparedness
A new White House policy aimed at curbing so-called gain-of-function research, experiments that make pathogens more dangerous or transmissible in order to study them, is drawing mixed reactions from scientists. While some had feared even tighter restrictions, others warn the policy could still hamper research that plays a key role in preparing for future pandemics. […]
DR Congo Isolates 200 River Boat Passengers as Ebola Fears Mount in Kinshasa
The Democratic Republic of Congo has moved quickly to contain a possible Ebola threat, testing and isolating roughly 200 passengers from a river boat intercepted in Kinshasa after a traveller on board died from suspected infection. The swift response reflects the country’s determination to head off a wider outbreak before it can take hold. The […]
Google Warns Hackers Are Cold-Calling Financial Firm Staff to Break In and Extort Victims
Google’s security researchers have flagged a growing wave of attacks in which hacking groups target employees at major US financial firms directly, using social engineering tactics and software vulnerabilities to gain access to sensitive systems. Once inside, the attackers harvest financial records, personal data and other confidential material. The stolen information is then used to […]