Libya’s Zallaf Oil Company Unveils Major Gas Development Plans for 2025-2026
Libya’s Zallaf Oil Company Unveils Major Gas Development Plans for 2025-2026 Zallaf Oil Company has presented comprehensive operational reviews and budget proposals, highlighting plans to develop the Atshan field with projected production of 140 million cubic feet of gas per day. The development aims to boost domestic supply while supporting national economic growth. The company […]
Egypt’s EGPC Achieves EGP 5.2 Billion Savings Through Comprehensive Energy Transition Program
Egypt’s EGPC Achieves EGP 5.2 Billion Savings Through Comprehensive Energy Transition Program The Egyptian General Petroleum Corporation (EGPC) has successfully launched 38 energy transition projects during fiscal year 2024/25, with 18 now fully operational and 20 in advanced execution stages. The ambitious program has generated approximately EGP 5.2 billion in annual financial savings while significantly […]
Africa Energy Strengthens Hold on South African Gas Block with 75% Stake Increase
Africa Energy Strengthens Hold on South African Gas Block with 75% Stake Increase Africa Energy Corp. has announced a major restructuring of its investment in South Africa’s promising Block 11B/12B, increasing its stake to 75% through subsidiary Main Street 1549 (Proprietary) Limited. The Canadian oil and gas exploration company reached definitive agreements with Arostyle Investments, […]
Norwegian Lime Petroleum Spuds First Development Well in Benin’s Offshore Block 1
Norwegian Lime Petroleum Spuds First Development Well in Benin’s Offshore Block 1 Norwegian holding company Lime Petroleum has commenced drilling operations at the Sèmè oil field offshore Benin, marking a significant milestone in the country’s offshore energy development. The wholly-owned subsidiary Akrake Petroleum Benin began operations on August 4, 2025, using Borr Drilling’s advanced Gerd […]
Nigeria Launches Massive 40,000 CBM LPG Vessel to Transform Clean Energy Access Across Africa
Nigeria Launches Massive 40,000 CBM LPG Vessel to Transform Clean Energy Access Across Africa President Bola Tinubu declared Nigeria ready to deliver clean and sustainable energy solutions across Africa and beyond during the commissioning of a groundbreaking 40,000 cubic meter Liquefied Petroleum Gas vessel in Ulsan, South Korea. The vessel, christened MT Iyaloja (Lagos), represents […]
Libya’s Oil Production Surges Past 1.38 Million Barrels as Output Stabilizes
Libya’s Oil Production Surges Past 1.38 Million Barrels as Output Stabilizes Libya’s National Oil Corporation (NOC) announced a significant milestone as crude oil production reached over 1.38 million barrels per day in the past 24 hours, marking a strong recovery for the North African nation’s energy sector. The production figures also include approximately 50,000 barrels […]
Angola Pivots to Gas Development as Oil Output Stagnates
Angola Pivots to Gas Development as Oil Output Stagnates Angola is strategically shifting focus toward natural gas development to drive economic growth as oil production stagnates despite the country’s exit from OPEC. Azule Energy is considering another gas exploration well following the success of the country’s first drilling campaign specifically targeting gas resources last month. […]
NNPCL and NLNG Strengthen Collaboration on Gas Infrastructure
NNPCL and NLNG Strengthen Collaboration on Gas Infrastructure The Nigerian National Petroleum Company Limited and Nigeria LNG are discussing comprehensive strategies to address investment in the gas sector, focusing on stabilizing gas supply, de-risking critical infrastructure, and unlocking upstream investments. The collaboration aims to strengthen Nigeria’s position in the global energy marketplace. During a visit […]
NNPC-Sahara Joint Venture Expands LPG Fleet Capacity
NNPC-Sahara Joint Venture Expands LPG Fleet Capacity WAGL Energy Limited, a joint venture between the Nigerian National Petroleum Company Limited and Sahara Group, has announced a significant expansion of its fleet capacity, now surpassing 160,000 cubic meters. The expansion strengthens WAGL Energy’s position as one of the leading suppliers of Liquefied Petroleum Gas on the […]
South African Gas Company Achieves Major Production Breakthrough
South African Gas Company Achieves Major Production Breakthrough Kinetiko Energy has achieved significant success with its latest production test well at Brakfontein, marking a critical milestone toward commercializing its South African gas assets. The recently completed well 271-KA03PT10 delivered impressive initial results, achieving a peak gas flow rate of 370 thousand standard cubic feet per […]