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...

Petroleum Exploration License 87 ("PEL 87") has recently been extended by one year, according to Sintana Energy Inc. The existing, initial four-year Initial Exploration Period for PEL 87, which is...

The Saudi energy minister said in an interview with the Saudi state news agency (SPA) that OPEC+'s market forecasts have been more accurate than others because they have been based...

Farhat Bengdara, the head of the National Oil Corporation, and Michael Ohnmacht, the German ambassador to Libya, had discussions on Saturday that were mostly about bilateral ties and energy-related cooperation....

Saipem, an Italian oilfield services company, has won new offshore contracts worth a combined $1.2 billion for work in Guyana and Egypt. According to Saipem, Petrobel has awarded the second...