Agiba Petroleum Kicks Off 2026 Drilling Campaign with New Western Desert Wells
Agiba Petroleum Kicks Off 2026 Drilling Campaign with New Western Desert Wells Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation and Italy’s Eni, has drilled Dorra-36 and West Yasmine-3 new wells in its Western Desert concession, kicking off its 2026 drilling campaign. According to the Ministry of Petroleum and Mineral Resources, […]
Chinese Subsidiary NPIC Commits $100 Million to Egyptian Oil Sector Expansion
Chinese Subsidiary NPIC Commits $100 Million to Egyptian Oil Sector Expansion North Petroleum International Company, a subsidiary of China’s state-owned Zhenhua Oil Company, plans to boost production through the optimization of existing assets and the acquisition of new concessions. NPIC Country Manager and Director Sun Bao confirmed that the company is intensifying its footprint in […]
Egypt and Qatar Sign Strategic LNG Supply Agreement
Egypt and Qatar Sign Strategic LNG Supply Agreement Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, signed a Memorandum of Understanding on January 4 with Saad bin Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and CEO of QatarEnergy, to secure a steady supply of liquefied natural gas to Egypt. In a decisive […]
Instability in Financing Nations Undermines African Energy Projects as Mozambique LNG Encounters New Delays
Instability in Financing Nations Undermines African Energy Projects as Mozambique LNG Encounters New Delays Political shifts in major international financing centers are fundamentally reshaping who funds Africa’s energy future, with the Mozambique LNG project serving as a stark illustration of how policy swings abroad can delay development timelines and dramatically raise costs. The TotalEnergies-led project […]
Aradel Energy Completes Major Acquisition, Now Controls 53% of Renaissance Africa Energy
Aradel Energy Completes Major Acquisition, Now Controls 53% of Renaissance Africa Energy Nigerian integrated energy company Aradel Energy has successfully completed a transformative acquisition that positions it as a dominant force in Nigeria’s oil and gas sector, securing majority control of Renaissance Africa Energy Company Limited with a 53.3 percent stake. The transaction, which cleared […]
Libya Slashes Gas Flaring by Over 100 Million Cubic Feet Daily Through Strategic Infrastructure Overhaul
Libya Slashes Gas Flaring by Over 100 Million Cubic Feet Daily Through Strategic Infrastructure Overhaul Libya’s state National Oil Corporation (NOC) has achieved a dramatic reduction in gas flaring, cutting emissions by more than 100 million cubic feet per day through the implementation of five strategic infrastructure projects across its operations. The announcement, made yesterday, […]
Uganda and Tanzania Set October 2026 for Historic First Oil Exports Through World’s Longest Heated Pipeline
Uganda and Tanzania Set October 2026 for Historic First Oil Exports Through World’s Longest Heated Pipeline In a major milestone for East African energy development, Uganda and Tanzania have announced that crude oil will begin flowing through the East African Crude Oil Pipeline (Eacop) in October 2026, marking Uganda’s entry into the ranks of oil-exporting […]
Ghana’s Tema Refinery Resumes Operations After Four-Year Shutdown
Ghana’s Tema Refinery Resumes Operations After Four-Year Shutdown Ghana’s state-owned Tema Oil Refinery has resumed crude oil refining operations on December 19, 2025, after several years of inactivity. The achievement follows the successful completion of major Turnaround Maintenance works on the Crude Distillation Unit, executed within three months from August 1 to October 30, […]
Europa Oil & Gas Secures Chinese Partner for Equatorial Guinea Offshore Drilling
Europa Oil & Gas Secures Chinese Partner for Equatorial Guinea Offshore Drilling UK-listed Europa Oil & Gas has finalized a binding farm-out agreement with Fuhai (Beijing) Energy, bringing the Chinese investor into the EG-08 production sharing contract offshore Equatorial Guinea. Through Europa’s affiliate Antler Global, Fuhai will acquire a 40% working interest and will […]
Gabon Strengthens Regional Energy Engagement with Major Reforms
Gabon Strengthens Regional Energy Engagement with Major Reforms Sosthène Nguema Nguema, Gabon’s Minister of Oil and Gas, has confirmed his participation as a speaker at the upcoming Libya Energy & Economic Summit 2026, taking place in Tripoli from January 24-26. The announcement highlights Gabon’s ongoing efforts to attract international investment and advance strategic reforms […]