Angolan Mining Oil & Gas

TotalEnergies to Sell 120 Ethiopian Fuel Stations to OLA Energy as Downstream Sector Reshapes TotalEnergies is preparing to exit Ethiopia’s fuel retail market through the planned sale of its network of approximately 120 service stations to OLA Energy, a pan-African downstream operator formerly known as OiLibya. The agreement, which has not yet been publicly confirmed by either company, would transfer one of Ethiopia’s most established international fuel retail networks to OLA Energy. The financial terms

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Dangote Refinery Imports 1.46 Billion Litres of Gasoline Blendstock While Maintaining Over 100% Capacity Utilisation Nigeria’s 650,000-barrel-per-day Dangote Refinery imported an estimated 1.46 billion litres of intermediates and gasoline blendstock over a five-month period from January to May 2026, according to industry data derived from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) statistics. The imported products are not sold directly to consumers. Instead, they are used as secondary feedstock, blended with other refinery

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Eco Atlantic Sells 37.5% Interest in South Africa’s Block 1 CBK to Navitas Petroleum Eco Atlantic Oil & Gas has signed a definitive farm-down agreement with Navitas Petroleum, transferring a 37.5% working interest in Block 1 CBK offshore South Africa as the companies deepen their strategic partnership in offshore exploration. The transaction represents a key milestone under the strategic framework agreement between the two companies, which granted Navitas an option to acquire an interest in

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