Tag: African energy

Standard Bank sees Exxon Mozambique Gas project driving growth

Standard Bank sees ExxonMobil-led Rovuma LNG boosting Mozambique GDP, jobs, revenues, and long-term economic growth outlook.

Oluwatosin Alao Oluwatosin Alao

Australia’s Invictus Energy advances Zimbabwe gas project

Invictus Energy signs Zimbabwe gas deal, advancing Cabora Bassa project ahead of Musuma-1 drilling in 2026.

Timilehin Adejumobi Timilehin Adejumobi

Eni-led consortium approves next phase of Ivory Coast Baleine project 

Eni, Petroci and Vitol approve Baleine Phase 3, boosting Ivory Coast oil and gas output significantly.

Timilehin Adejumobi Timilehin Adejumobi

Afentra targets Angola exploration wells by 2027, eyes Africa oil growth

Afentra plc is stepping up its expansion plans in Angola as higher crude prices and renewed interest in African energy assets improve the outlook for exploration across the region.  The company, which recently ended takeover talks with potential buyers, is turning its attention to both offshore discoveries and onshore drilling prospects in Angola, sub-Saharan Africa’s second-largest oil producer. The move…

Oluwatosin Alao Oluwatosin Alao

Nigeria, Morocco advance $25 billion Atlantic gas pipeline deal

Nigeria and Morocco move toward a 2026 deal on the $25 billion Atlantic gas pipeline linking West Africa to Europe.

Timilehin Adejumobi Timilehin Adejumobi

Uganda eyes fresh oil licensing round to boost energy investment

Uganda prepares a new oil licensing round in 2026, opening fresh blocks to investors as it targets production growth and reserves expansion.

Timilehin Adejumobi Timilehin Adejumobi

Senegal secures major gas field following Kosmos Energy exit

Senegal assumes full control of the Yakaar-Teranga gas project after Kosmos Energy exit, signaling a stronger state role in energy.

Timilehin Adejumobi Timilehin Adejumobi