African Energy Bank Accelerates Toward Q4 2025 Launch
African Energy Bank Accelerates Toward Q4 2025 Launch The African Petroleum Producers’ Organization has announced plans to fast-track the launch of the African Energy Bank, with the project set for final approval in Q4 2025. Meeting in Kintélé, Republic of Congo, APPO’s Executive Council resolved to accelerate the timeline for the continental financial institution. The […]
Israel’s Leviathan Field Inks Record $35 Billion Gas Supply Deal with Egypt
Israel’s Leviathan Field Inks Record $35 Billion Gas Supply Deal with Egypt Israel’s Leviathan natural gas field has sealed a groundbreaking $35 billion deal to supply gas to Egypt through 2040, representing the largest export agreement in Israeli history. The Mediterranean offshore field, holding reserves of approximately 600 billion cubic meters, will deliver about 130 […]
Infinity Power Secures Major Solar Win in Côte d’Ivoire with 80MW Dual-Project Deal
Infinity Power Secures Major Solar Win in Côte d’Ivoire with 80MW Dual-Project Deal Infinity Power has signed concession agreements for two landmark solar photovoltaic projects in Côte d’Ivoire, marking the company’s first collaboration with the West African nation’s government. The 80-megawatt combined capacity projects in Touba and Laboa were awarded under the World Bank’s Scaling […]
Nigerian Navy Crushes Oil Theft Ring, Seizes 411,000 Litres in Massive July Crackdown
Nigerian Navy Crushes Oil Theft Ring, Seizes 411,000 Litres in Massive July Crackdown The Nigerian Navy delivered a crushing blow to oil theft networks across the Niger Delta, deactivating 71 illegal refinery sites and confiscating over 411,000 litres of stolen crude oil in July 2025 alone. The massive operation under “Operation Delta Sanity” represents one […]
Egypt Locks in Gas Security Through Massive 5-Year FSRU Deal
Egypt Locks in Gas Security Through Massive 5-Year FSRU Deal Egypt has secured its natural gas future for the next five years through an ambitious floating storage and regasification unit (FSRU) program, Prime Minister Mostafa Madbouly announced during a high-stakes Cabinet meeting Wednesday. The strategic move comes as the country works to restore full domestic […]
Libya’s Sirte Oil Smashes 20-Year Production Record, Hits 110,000 Barrels Daily
Libya’s Sirte Oil Smashes 20-Year Production Record, Hits 110,000 Barrels Daily Sirte Oil Company has achieved a historic milestone, ramping up daily crude oil production to 110,000 barrels—the highest level the company has seen in more than two decades. This surge represents a dramatic recovery for Libya’s energy sector as the country continues its post-conflict […]
Egypt and UAE Strengthen Energy Partnership Through Strategic Oil and Gas Cooperation
Egypt and UAE Strengthen Energy Partnership Through Strategic Oil and Gas Cooperation Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with UAE Minister of Industry and Advanced Technology Dr Sultan Al Jaber to explore enhanced cooperation opportunities across the oil and gas sector. The discussions reflect growing economic ties between the nations and […]
SonaGás Assures Stable Gas Supply Across Angola Amid Public Concerns
SonaGás Assures Stable Gas Supply Across Angola Amid Public Concerns SonaGás, the gas and renewable energy subsidiary of Angola’s national oil company Sonangol, has provided public assurance of stable and sufficient liquefied petroleum gas supply throughout the country. The announcement addresses recent public speculation and concerns regarding gas availability across various regions. In an […]
Chevron Expands Angola Operations with LNG and Deepwater Oil Development
Chevron Expands Angola Operations with LNG and Deepwater Oil Development Chevron continues strengthening its position in Angola’s growing oil and gas sector through expanded natural gas development and deepwater oil exploration opportunities. The energy giant’s efforts support Angola’s economic diversification goals while reinforcing its position as a key LNG exporter in the region. The company’s […]
Shell Ramps Up Bonga North Project Toward 110,000 BPD Production Target
Shell Ramps Up Bonga North Project Toward 110,000 BPD Production Target Shell is intensifying efforts to maximize production capacity at its Bonga North project, which holds estimated recoverable resources exceeding 300 million barrels of oil equivalent. The ongoing development work aims to achieve peak production of 110,000 barrels per day as the $5 billion project […]