Skip to content
Namibia disowns farm in deals by TotalEnergies, PetroBras
Ziggy Ojiegbe The government of Namibia has said it will not recognize recent stake purchases in the PEL 104 offshore exploration license by TotalEnergies and Petrobras, arguing that the companies failed to follow proper approval procedures. In a report reviewed…
Congo LNG project Phase II comes online with premier cargo
Ziggy Ojiegbe Italy’s energy major Eni has shipped its first LNG cargo from the Nguya FLNG facility, marking the official start-up of Phase II of the Congo LNG project in the Republic of Congo. The milestone was celebrated in Pointe-Noire…
Transocean expanding to 73-rig $17 bn behemoth with Valaris merger
Ziggy Ojiegbe Transocean is set to reshape the offshore drilling landscape with a transformative acquisition that will create one of the largest contractors in the sector. Transocean has agreed to acquire Valaris in an all-stock deal valued at approximately $5.8…
Saudi Aramco leads oil majors with 52 years reserves life
Ziggy Ojiegbe Saudi Aramco stands in a league of its own when it comes to reserve strength, highlighting a growing divide between national oil companies and Western majors struggling to replenish what they produce. Shell’s 2025 results have amplified those…
Consumers anxious as Dangote Refinery improves efficiency, leads price hikes
“Oracle Intelligence reports that the Nigerian specification for the premium motor spirit (pms) locally called petrol or gasoline is benchmarked on Afri-V, the equivalent of Euro-IV specification. But the Dangote Refinery pumps out Euro-V or the equivalent of Afri-VI which…
Women are central to Africa’s energy future – WIEN President
Sopuruchi Onwuka Africa’s leading gender equity advocate, the Women in Energy Network (WIEN), has called on investors, regulators, and policy leaders in the energy industry to recognize women professionals as credible and essential partners in securing Africa’s energy future. Speaking…
US oil sanctions hit hard on Cuba
Airline refuels halted, citizens cook with coal Sopuruchi Onwuka, with agency reports Cuba is facing a deepening energy crisis that has disrupted aviation, strained public services and intensified economic hardship, as tightened US oil sanctions sharply curtail the island’s access…
Renewed global interest, AEB to boost Nigeria’s petroleum investment — Eyesan
Africa accounts for $50bn of $520 global petroleum investments in 2026 Sopuruchi Onwuka The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has said renewed global interest in Africa’s hydrocarbons, combined with stronger financing structures,…
NCDMB demands collaboration on African local content policy
Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, FNSE, has emphasized that collaboration remains the most critical factor in achieving effective local content policy implementation across Africa’s energy sector. Speaking…
SAIPEC 2026: PETAN pledges collaborative, African-led energy development
Sopuruchi Onwuka Chairman of the Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya, has reaffirmed the association’s commitment to working with all stakeholders to build a resilient, inclusive, and sustainable energy industry that delivers prosperity for Africans and value…
