Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)…
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Reforms, Investments, Partnership key to Nigeria’s energy future – Shell
L-R: President of the Lagos Business School Energy Club, Sebilat Quadri; Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ronald Adams; Dean of Lagos Business School, Olayinka David-West; and Lagos…
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Sonangol Targets 10% Production Growth by 2030 as IOC Partnerships Drive Expansion
Angola’s national oil company Sonangol is targeting a 10% increase in operated production by 2030, supported by new exploration, accelerated field development and stronger partnerships with international oil companies (IOCs).
…
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Valuechain 9th Annual Lecture is 47 Days Away
AEW2026: African Energy Leaders Call for Action on South-South Oil & Gas Partnerships
African and Caribbean energy leaders called for stronger cross-border investment, technology transfer and enforceable local-content…
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OPEC Puts Africa’s Refining Investment Need at $125 Billion Through 2050
Africa will need at least $125 billion in refining investment through 2050 across current projects, future projects and maintenance, Abderrezak Benyoucef, Head of the Energy Studies Department at OPEC, said in a fireside chat with…
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Forvis Mazars Group Releases Flagship Report On African Energy Sector
Uhabia Ojike, Country Leader in Nigeria
By Our Special Correspondent
Forvis Mazars Group, the international audit, tax and advisory services partnership, has released the latest edition of its flagship report on the African Energy…
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GECF Forecasts 20% Growth in Global Energy Demand by 2055, Calls for New Gas Investment
Global energy demand is projected to increase by 20% by 2055, rising from 641 exajoules (EJ) in 2024 to 768 EJ, driven by economic and population growth, according to Abubakar Abbas, Senior Energy Forecast Analyst at the Gas Exporting…
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Senegal Opens 104 Blocks to Investors, Targets New Upstream Contracts
Senegal has 104 oil and gas blocks available to investors and is seeking new upstream contracts to accelerate exploration and production, El Hadji Abdourahmane Diouf, Minister of Energy and Petroleum, said at African Energy Week 2026…
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TotalEnergies Secures Deepwater Rig for Nigerian Exploration Campaign
TotalEnergies expects a deepwater drilling rig to arrive in Nigeria by the end of October 2026, following a nine-month mobilization process that previously took three years.
Speaking during the Invest in Nigeria panel at African…
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Global Oil and Gas Capital Remains Mobile, bp Tells AEW 2026
Global oil and gas investment is increasingly shaped by competition between regions, with fiscal stability, predictable regulations and strong project partnerships key to attracting capital to Africa.
PAs geopolitical tensions and…
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Liberia Launches 2026 Offshore Licensing Round at AEW 2026
Liberia has launched its 2026 Offshore Direct Negotiation Licensing Round, offering 15 offshore blocks across the Liberia and Harper basins as the country seeks to attract exploration investment.
The launch took place on…
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