Oil and Gas Policy Direction Signals Focus on Gas-Led Industrial Growth
Oil and Gas Policy Direction Signals Focus on Gas-Led Industrial Growth Oil and gas policymakers have reaffirmed a strategic shift toward gas-led development as part of broader industrial growth plans. Officials say natural gas remains central to meeting domestic energy demand while supporting manufacturing and power generation. Upstream operators are increasingly prioritizing gas field development […]
Eni Launches First Deepwater Drilling Operation in Libya’s Gulf of Sirte
Eni Launches First Deepwater Drilling Operation in Libya’s Gulf of Sirte Italian energy company Eni North Africa and its partners, including the National Oil Corporation, BP, and the Libyan Investment Authority, have begun drilling their first deepwater exploration well in the offshore area of the Gulf of Sirte. The drilling operations for this well will […]
Nigeria’s US Crude Oil Imports Surge 167 Percent in 2025
Nigeria’s US Crude Oil Imports Surge 167 Percent in 2025 Nigeria sharply increased its crude oil purchases from the United States in 2025, importing a total of 42.13 million barrels within the first 10 months of the year, according to data from the United States Energy Information Administration. The figure represents a year-on-year increase of […]
Nigeria Slashes Entry Costs in Aggressive Push to Attract Oil Investment
Nigeria Slashes Entry Costs in Aggressive Push to Attract Oil Investment Nigeria has made a bold policy shift to revitalize its upstream petroleum sector, dramatically reducing entry costs for its 2025 Oil Licensing Round in a bid to attract capable investors to 50 oil and gas blocks currently on offer. The announcement came during a […]
Egypt’s WEPCO Achieves Tenfold Production Surge at Badr-1 Oil Field
Egypt’s WEPCO Achieves Tenfold Production Surge at Badr-1 Oil Field The Western Desert Operating Petroleum Company (WEPCO) has pulled off a remarkable turnaround at the Badr-1 field, boosting crude oil production to over 7,500 barrels per day, a staggering tenfold increase from the mere 800 barrels per day recorded when the company first took over […]
Nigeria’s Dangote Refinery to Become World’s Largest with $350M Expansion Deal
Nigeria’s Dangote Refinery to Become World’s Largest with $350M Expansion Deal In a landmark development set to reshape Africa’s energy landscape, state-owned Engineers India Ltd (EIL) has secured a massive contract worth over $350 million to manage the expansion of Nigeria’s Dangote Refinery and Petrochemical Complex. The ambitious project will catapult the facility from its […]
Zambia and Tanzania Strengthen Petroleum Cooperation with TAZAMA Pipeline Agreement
Zambia and Tanzania Strengthen Petroleum Cooperation with TAZAMA Pipeline Agreement The Ministers of Energy of Zambia and Tanzania held a high-level bilateral meeting in Dar es Salaam, reaffirming their long-standing partnership in petroleum cooperation and regional energy security through new operational arrangements for fuel deliveries via the TAZAMA Pipeline. The engagement brought together senior government […]
NOC and Schlumberger Partner with Omar Al-Mukhtar University to Advance Oil and Energy Education
NOC and Schlumberger Partner with Omar Al-Mukhtar University to Advance Oil and Energy Education The National Oil Corporation and Schlumberger have signed a memorandum of understanding with Omar Al-Mukhtar University to support scientific research, empower national cadres, and enhance the skills of students in disciplines related to oil and energy sciences, particularly geology and earth […]
Egypt Boosts Oil and Gas Output with New Discoveries in Western Desert and Nile Delta
Egypt Boosts Oil and Gas Output with New Discoveries in Western Desert and Nile Delta Khalda Petroleum, General Petroleum Company and Disouq Petroleum Company have successfully drilled a number of productive wells across their concession areas in the Western Desert, Eastern Desert, and Nile Delta, adding around 47 million cubic feet of gas per day […]
Egypt and Eni Discuss Plans to Boost Gas Production in Mediterranean
Egypt and Eni Discuss Plans to Boost Gas Production in Mediterranean Minister of Petroleum and Mineral Resources Karim Badawi met with a high-level delegation from Italy’s energy giant Eni to review the company’s operations in Egypt and discuss plans to drill new natural gas wells in the Mediterranean. Discussions focused on the execution of current […]