Facebook Instagram X-twitter Linkedin Youtube
Member Area

Nigeria’s Oil Bid Round Draws Growing Criticism Over Transparency

Reaction to Nigeria’s oil and gas bid round process remains mixed, with criticism over transparency and fairness continuing to grow despite government efforts at reform. Stakeholders say the process favours certain companies and sidelines smaller players, with persistent allegations of bias eroding confidence in the system. Authorities have introduced new rules aimed at improving transparency, […]

Tinubu Hails Nigeria’s Entry Into World Energy Council

President Bola Tinubu has welcomed Nigeria’s formal admission as the newest National Member Committee of the World Energy Council, calling it a major step in the country’s push to take part in global energy policy discussions. Membership gives Nigeria a platform to engage with other countries, share expertise and access resources to support its energy […]

TotalEnergies Fast-Tracks Two Fields to Feed NLNG Train 7 by 2030

TotalEnergies’ accelerated development of two Nigerian oil fields is set to give the NLNG Train 7 project a major feedstock boost. The French energy major says its Ubeta deepwater project and the Ima shallow-water field are on track to start delivering substantial gas volumes to NLNG by 2030, supporting a steady natural gas supply as […]

AlexFert Locks In 30-Year Solar Power Deal With SolarizEgypt

Alexandria Fertilizers Company (AlexFert), a subsidiary of Valmore Holding, has signed a 30-year power purchase agreement with SolarizEgypt to supply its Alexandria manufacturing plant with 1 megawatt of solar power. Under the deal, AlexFert gets clean, competitively priced electricity with no upfront capital outlay, while SolarizEgypt finances, builds, owns and operates the plant for the […]

Nigeria’s Fuel Exports to Britain Overtake Crude Oil for the First Time Ever

Refined petroleum products have overtaken crude oil as the United Kingdom’s largest goods import from Nigeria, accounting for 47.5% of British goods imports from the country in the year to March 2026, according to UK Department for Business and Trade figures. The UK imported £674.5 million worth of refined petroleum products from Nigeria during the […]

TotalEnergies Opens a New Offshore Frontier in Liberia With Twin Exploration Campaigns

TotalEnergies is running parallel exploration campaigns across two of Liberia’s offshore basins, spanning more than 21,600 square kilometres of frontier deepwater acreage, in a bid to establish Liberia as the Atlantic margin’s next proven hydrocarbon trend. In September 2025, TotalEnergies signed four production sharing contracts for blocks LB-6, LB-11, LB-17 and LB-29 in the southern […]

Egypt, Libya Near $1Bn Pipeline Deal to Bypass Gulf Supply Crunch

Egypt and Libya are edging closer to a landmark deal that would see an 800-kilometre oil pipeline built between Tobruk and Alexandria, opening a direct route for Libyan crude to reach Egyptian refineries. A government source told Asharq Bloomberg, speaking anonymously, that the project carries a price tag above $1 billion, with both nations now […]

Angola Strikes Big as Katambi-2 Well Blows Past Expectations Offshore

Sonangol and Angola’s oil and gas regulator, the National Agency for Petroleum, Gas and Biofuels (ANPG), have wrapped up drilling and testing on the Katambi-2 appraisal well in Block 24 of the Benguela Basin — and the results are striking. The Seadrill-operated drillship West Gemini, deployed through the Sonadrill joint venture, drilled the well roughly […]

Côte d’Ivoire Refinery Races the Clock to Raise €633m Before 2029 Deadline

Société Ivoirienne de Raffinage (SIR), which has been refining crude in Abidjan since 1962, is racing to close a €633 million funding gap on a €833 million upgrade before a 2029 commissioning deadline. The African Development Bank has already committed €200 million and taken on the role of mandated lead arranger for a diesel hydrodesulfurisation […]