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Angola’s Oil Export to Decline for over a Month as 200,000 Bpd Oilfield Undergoes Maintenance

According to a spokesman for the field's operator, French TotalEnergies, the Dalia offshore oilfield in Angola, which pumps 200,000 barrels per day (bpd), will undergo planned maintenance for more than...
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Uganda Commissions Drilling of First Oil Well

As part of its ongoing attempts to become a significant oil producer on the continent, Uganda began drilling its first oil well in the Kingfisher oil field on Tuesday, January...
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Italy’s ENI and Algeria’s SONATRACH to Increase Energy Supply to Europe

To build a bridge for trade between Africa and Europe, Eni and Sonatrach of Algeria will research cooperative initiatives to increase the North African nation's energy export potential, the Italian...
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Global Oil Demand to Hit a Record High in 2023 – IEA

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...
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Uganda Agrees to Oil Exploration Deals with Two Firms

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....
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Oil Market Shows Increased Demand for West African Supply

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...
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Benin Republic Gives Zenith Energy Exclusivity for Block 1, Sèmè Field in Benin

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)...
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Algeria’s Sonatrach to Increase Investments in Natural Gas as Part of a 5-Year Plan

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...
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Oil Production Hits Nine-month High – Nigeria’s NUPRC

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...
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Eni CEO Urges Europe to Purchase Natural Gas from Africa

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...
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