Tuesday, September 10, 2024
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Oil & Gas

Libya’s oil production drops 63% with oilfield closures

In a startling turn of events, Libya's oil production has plummeted by a staggering 63% due to recent oilfield closures, exacerbating the ongoing conflict...

Egypt to restore oil and gas production to normalcy by 2025

With a commitment to bounce back from recent setbacks and restore its oil and gas production to normal levels by 2025, Egypt is poised...

Uganda explores potential oil reserves in new regions

The East African nation of Uganda is on the brink of a significant development in its oil industry as it explores potential crude oil...

Nigeria and Equatorial Guinea ink deal for gas pipeline project

Nigeria and Equatorial Guinea have joined forces in a groundbreaking agreement that is set to revolutionize gas exploration and distribution on the African continent. The...

Tullow Oil posts impressive profit growth in first half of 2024

Tullow Oil, the West Africa-focused oil company, has reported an impressive growth in profits for the first half of 2024. The company's profit surged to...

Egypt secures $340 million to boost oil and gas industry

Egypt continues to make significant strides in bolstering its oil and gas industry, with the recent announcement of securing a substantial $340 million investment...

Senegal vows to revamp oil, gas, and mining contracts

Senegal is making big moves in the oil, gas, and mining sectors as the new Energy and Mines Minister, Birame Souleye Diop, has vowed...

Egypt begins repaying $1.5 billion to foreign companies

Egypt has begun the process of repaying the $1.5 billion in dues it owes to foreign oil and gas companies operating in the country. The...

Will Libya’s oil production make a comeback in attracting investors?

Libya, once a prominent player in the global oil markets, is now seemingly poised for an oil production comeback that could potentially attract investors. With...

Nigeria begins $2.5 billion gas distribution project

Nigeria has embarked on a significant project to boost its energy sector and advance its commitment to cleaner and more sustainable energy sources. Optimera...