Africa’s Oil and Gas Reforms Unlock Investment Surge Across Key Producers
Regulatory reforms across Africa’s oil and gas sector are driving renewed investment, boosting production targets and accelerating major upstream and LNG projects as the continent heads into 2026.
Oil posts deepest annual loss since 2020 on surplus concerns
Global oil prices recorded their steepest annual decline since 2020 as oversupply, rising non-OPEC production, and muted demand outlook fuel surplus concerns heading into 2026.
Oil Tankers Still Arrive in Venezuela Despite US Blockade, Data Shows
Oil tankers continue arriving in Venezuela despite a US blockade, as PDVSA expands floating storage and seeks to sustain crude exports amid tightened sanctions.
NNPCL Plans Asset Sales to Boost Operations, Repair Pipelines
NNPC Limited plans to sell stakes in oil and gas assets to raise capital for pipeline repairs, boost crude output and attract up to $30bn in investment under Nigeria’s Petroleum Industry Act.
Ghana May Cut Reliance on Nigerian Petrol as Tema Refinery Restarts Operations
Ghana’s restart of the Tema oil refinery could significantly reduce petrol imports from Nigeria, reshaping regional fuel trade dynamics in West Africa.
