South Sudan has resumed crude oil exports through Sudan’s port following the repair of a key pipeline damaged during Sudan’s ongoing civil conflict, providing a critical financial lifeline for Juba. The pipeline was shut down in April 2023 after it ruptured in White Nile State, an area controlled by the Rapid Support Forces (RSF) amid intense fighting with the Sudanese Armed Forces (SAF). The conflict displaced millions and worsened an already dire humanitarian situation. According
Middle Eastern countries have either expressed interest in or finalized deals worth over $6 billion in African energy assets in recent weeks, highlighting the region’s growing strategic focus on the continent’s energy sector. One of the most prominent players is Abu Dhabi National Oil Company (Adnoc), which has reportedly been shortlisted to acquire Shell Plc’s downstream assets in South Africa, valued at approximately $1 billion, according to sources familiar with the matter. Adnoc and other
Kosmos Energy is investing $2 billion to expand its upstream operations in Ghana, signaling strong international confidence in the country’s petroleum industry and its regulatory direction. Ghana’s Minister of Energy, John Jinapor, announced the investment as a pivotal step toward the nation’s ambition to become West Africa’s premier energy investment destination. “This investment will transform Ghana’s energy sector,” Jinapor stated, noting the government’s commitment to regulatory reforms and transparency. He also revealed plans to revamp
Chevron is in advanced discussions with the Egyptian government to expand its presence in the West Star block, situated in Egypt’s deep offshore waters near the Cyprus border, just south of ExxonMobil’s Cairo and Masry blocks, according to the Middle East Economic Survey (MEES). In addition to these talks, Chevron has submitted bids for two of the 12 offshore blocks offered in the most recent licensing round by the Egyptian Natural Gas Holding Company (EGAS),
Conoil Producing, owned by Nigerian billionaire Dr. Mike Adenuga, has officially begun exporting Nigeria’s newest crude oil grade, the Obodo blend—marking a major milestone for the country’s indigenous oil industry. Unveiled in April under Adenuga’s leadership, the Obodo blend represents a new chapter in Nigeria’s oil production. It is a medium sweet crude sourced from the onshore OML 150 block, operated under a production sharing contract with NNPC Limited. Continental Oil & Gas Limited, a
Scatec ASA has officially commenced construction of the 1.1 GW Obelisk solar power plant in Egypt, which includes a 100 MW/200 MWh battery energy storage system. Electricity generated from the project will be sold under a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), backed by a sovereign guarantee and priced in U.S. dollars. The project will be developed in two phases. The first stage, featuring 561 MW of solar capacity
Turkish explorers have discovered an estimated 20 billion barrels of commercially viable crude oil offshore Somalia, marking a potentially transformative moment for the war-torn nation’s energy sector. The discovery stems from an agreement that grants Turkey control over 90% of Somalia’s oil and gas output rights—an arrangement that has drawn significant criticism for being heavily skewed in Turkey’s favor. Critics argue that the deal offers little benefit to Somalia, which continues to grapple with economic
Nigeria’s federal government has raised its national oil production target, setting a new goal of 2.5 million barrels per day (bpd) by the end of the year. The announcement was made by Minister of State for Petroleum Resources Heineken Lokpobiri at the Oil Technology Conference Africa Energy Forum. Lokpobiri said he personally revised the target upward from President Bola Tinubu’s initial goal of 2 million bpd. He expressed confidence in the new benchmark, noting that
Debswana Diamond Company has confirmed that the Orapa No. 2 processing plant is currently undergoing its annual scheduled maintenance during the month of May and has not been shut down, contrary to recent media reports. The company clarified that the temporary plant stoppage is part of routine operational procedures aimed at ensuring continued efficiency and reliability. This clarification follows misleading claims suggesting a full halt in operations. Debswana emphasized that the maintenance shutdown is a
Woodside Energy has approved a $17.5 billion investment to construct a new liquefied natural gas (LNG) plant in Louisiana, marking the first major U.S. LNG project to reach final investment decision (FID) since President Donald Trump returned to office and declared an energy emergency aimed at expanding American energy exports. The announcement positions the U.S. to further solidify its status as the world’s largest LNG exporter. The Louisiana facility will feature three liquefaction trains with
