According to the International Energy Agency (IEA), China's reopening will increase global oil demand to a record high of 101.7 million barrels per day (bpd) this year, up 1.9 million...

The Ugandan cabinet said on Thursday that the energy ministry would enter into PSAs with two oil companies, including a subsidiary of Australia's DGR Global, for two oil exploration blocks....

According to Bloomberg, two dealers who specialise in the region's petroleum, sales of West African crude for loading next month have climbed recently. Exxon Mobil Corp. and Phillips 66, as...

The Ministry of Water and Mines of the Republic of Benin has granted Zenith Energy Ltd. exclusive rights to discuss and settle the conditions of a Production Sharing Contract (PSC)...

Toufik Hakkar, Sonatrach's CEO, stated that the group plans to invest more than $30 billion in the discovery and production of hydrocarbons, particularly natural gas, to increase the supply on...

Nigeria's crude oil production increased to 1.235 million barrels per day in December 2022, according to data released by the Nigerian Upstream Petroleum Regulatory Commission on Sunday. This is the...

As the head of one of the leading energy companies that don’t invest in Africa only on paper, in an interview published last Friday, the chief executive of the Italian...

Fifteen years after it last put up about 45 deep offshore assets for public bidding, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday announced that the process to invite Nigerian...