Africa Set to Lead High-Impact Oil and Gas Drilling in 2026
Africa Set to Lead High-Impact Oil and Gas Drilling in 2026 A recent global assessment of upstream activities highlights Africa’s rising prominence in the oil and gas exploration landscape in 2026. High-impact drilling is projected to shift toward ultra-deepwater and frontier basins, with the African continent attracting substantial attention from major energy players. This strategic […]
Surge in Global Gas-Fired Power Plants Driven by AI and Data Centers
Surge in Global Gas-Fired Power Plants Driven by AI and Data Centers A major trend reshaping the gas market is the dramatic rise in gas-fired power plant development, especially in the United States. According to project tracking data, planned and under-development gas power capacity nearly tripled in 2025, with a significant share explicitly linked to […]
U.S. Oil Inventories Decline as Production and Data-Center Demand Shape Gas Markets
U.S. Oil Inventories Decline as Production and Data-Center Demand Shape Gas Markets The latest weekly data from the U.S. Energy Information Administration (EIA) shows a notable decline in crude oil stocks outside the Strategic Petroleum Reserve, signaling tightening supply dynamics. Crude inventories stood at 423.8 million barrels for the week ending January 23, continuing a […]
Malaysia’s Petronas Plans Major Upstream Expansion Through 2028
Malaysia’s Petronas Plans Major Upstream Expansion Through 2028 Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has unveiled an ambitious strategy to expand exploration and production activities over the next three years, cementing its role as a key energy supplier in Southeast Asia. The initiative targets maintaining daily production near two million barrels […]
Nigeria Positioned to Dominate Africa’s $41 Billion Oil and Gas Investment Wave in 2026
Nigeria Positioned to Dominate Africa’s $41 Billion Oil and Gas Investment Wave in 2026 Africa is preparing to dominate global high-impact oil and gas exploration in 2026, with Nigeria emerging as the continent’s undisputed powerhouse, set to contribute approximately $41 billion to a projected $504 billion in worldwide Exploration and Production capital expenditure. According to […]
Mozambique LNG Awakens: Africa’s Sleeping Giant Set for 2029 Production After Four-Year Freeze
Mozambique LNG Awakens: Africa’s Sleeping Giant Set for 2029 Production After Four-Year Freeze One of Africa’s most ambitious energy projects has officially come back to life. After nearly four years of forced hibernation, Mozambique LNG has lifted its force majeure declaration, restarting construction activities that promise to transform the country into a major LNG exporter […]
Kenya Launches East Africa’s Largest IPO: $825 Million Pipeline Company Sale Goes Live
Kenya Launches East Africa’s Largest IPO: $825 Million Pipeline Company Sale Goes Live The Kenyan government has officially launched the sale of a 65% stake in Kenya Pipeline Company, setting up what is poised to become East Africa’s largest initial public offering in local currency terms with a target of 106.3 billion Kenyan shillings, approximately […]
Nigeria Shifts Strategy: Technical Excellence to Trump Cash in Historic 50-Block Licensing Round
Nigeria Shifts Strategy: Technical Excellence to Trump Cash in Historic 50-Block Licensing Round The Nigerian Upstream Petroleum Regulatory Commission has announced a fundamental shift in how the country awards oil and gas licenses, prioritizing technical capability and credible work programs over signature bonuses in its ongoing 50-block licensing round. During a pre-bid webinar, NUPRC Chief […]
Turkish Firm Delivers Critical High-Pressure System for Major Nigerian Oil Project
Turkish Firm Delivers Critical High-Pressure System for Major Nigerian Oil Project In a significant milestone for Nigeria’s oil and gas sector, Turkish pressure equipment manufacturer ERGIL has successfully delivered one of the highest-pressure pigging systems in its portfolio to a major development project operated by the Nigerian National Petroleum Corporation in partnership with TotalEnergies. The […]
Egyptian Drilling Company Secures Historic Contract with Kuwait Oil Company
Egyptian Drilling Company Secures Historic Contract with Kuwait Oil Company The Egyptian Drilling Company has been awarded a new contract to operate a 1,500-horsepower onshore drilling rig for the Kuwait Oil Company, marking the first time an Egyptian company has secured a drilling mandate of this scale with the Kuwaiti giant. Operations are scheduled to […]