Republic of Congo Accelerates LNG Expansion with Italian Energy Giant Eni
Republic of Congo Accelerates LNG Expansion with Italian Energy Giant Eni The Republic of Congo is rapidly expanding its liquefied natural gas capabilities through a strengthened partnership with Italian energy company Eni. President Denis Sassou Nguesso met with Eni CEO Claudio Descalzi in Brazzaville to review progress on the Congo LNG project, which has already […]
Angola Strikes Oil and Gas Gold with Historic Discovery Worth $150 Billion
Angola Strikes Oil and Gas Gold with Historic Discovery Worth $150 Billion Angola has achieved a breakthrough in energy diversification with its first major dedicated gas discovery, potentially anchoring a $150 billion economic strategy. Azule Energy, a joint venture between BP and Eni, successfully drilled the Gajajeira-01 well in the Lower Congo Basin, revealing reserves […]
Nigeria Breaks OPEC Production Limits, Output Surges to 1.5 Million Barrels Daily
Nigeria Breaks OPEC Production Limits, Output Surges to 1.5 Million Barrels Daily Nigeria has exceeded its OPEC crude oil production quota by four percent in June 2025, reaching 1.505 million barrels per day against the allowed 1.5 million barrels daily. The Nigerian Upstream Petroleum Regulatory Commission revealed the country achieved 104% of its OPEC allocation, […]
Mozambique Gives Green Light for TotalEnergies’ Massive $20 Billion LNG Project Revival
Mozambique Gives Green Light for TotalEnergies’ Massive $20 Billion LNG Project Revival In a major development for Africa’s energy sector, Mozambique has officially cleared the path for TotalEnergies to restart its suspended $20 billion liquefied natural gas project. Energy Minister Estevao Pale confirmed that all government-level preparations are underway following high-level talks between TotalEnergies CEO […]
Dutch Offshore Giant SBM Offshore Eyes Namibia’s Venus Oil Discovery
Dutch Offshore Giant SBM Offshore Eyes Namibia’s Venus Oil Discovery Dutch offshore production specialist SBM Offshore is positioning itself for a major opportunity in Namibia’s ultra-deepwater Venus oil discovery in the Orange Basin. Chief Business Officer Olivier Icyk confirmed the company’s growing interest in the project, highlighting ambitions to build an in-country presence. French energy […]
Egypt Revises Renewable Energy Target to 29.7% by 2030
Egypt Revises Renewable Energy Target to 29.7% by 2030 The Egyptian government has revised its renewable energy target to 29.7% of power generation by 2030, according to the International Monetary Fund’s fourth review of the $8 billion loan program. The new target represents a significant adjustment from the previously stated 42% by 2030 mentioned by […]
Egypt Pioneers North Africa’s First Large-Scale Solar Oilfield Project
Egypt Pioneers North Africa’s First Large-Scale Solar Oilfield Project United Energy Egypt (UEE) has signed a groundbreaking Memorandum of Understanding with global solar leader LONGi Green Energy to deploy a 20-megawatt hybrid solar power system across six oil fields. The innovative project represents North Africa’s first large-scale application of Back Contract technology with LONGi’s proprietary […]
Algeria Awards Massive $855 Million Gas Production Contract to Chinese Firm
Algeria Awards Massive $855 Million Gas Production Contract to Chinese Firm Algeria’s national oil and gas company Sonatrach has awarded a substantial $855 million contract to China’s Jereh Group for developing facilities at the Rhourde Nouss gas field. The contract will see Jereh Oil & Gas Engineering build a natural gas booster station and upgrade […]
UK JUNIOR AMINEX SOARS 14 MONTHS HIGH ON TANZANIA GAS PIPELINE BREAKTHROUGH
UK JUNIOR AMINEX SOARS 14 MONTHS HIGH ON TANZANIA GAS PIPELINE BREAKTHROUGH Shares of UK-listed exploration company Aminex Plc rocketed to their highest level in 14 months today following confirmation of imminent construction on a strategically crucial gas pipeline in Tanzania. The dramatic surge came after Chinese contractors were formally engaged to build a 35-kilometre, […]
RENAISSANCE ENERGY AFRICA SMASHES PRODUCTION TARGETS WITH 40% SURGE
RENAISSANCE ENERGY AFRICA SMASHES PRODUCTION TARGETS WITH 40% SURGE Nigerian energy powerhouse Renaissance Africa Energy has delivered a stunning operational performance, exceeding its first-month oil production target by an impressive 40% in early 2025. The achievement marks a remarkable start for the consortium following its historic $1.3 billion acquisition of Shell’s Nigerian assets in December […]