Nigeria Launches Licensing Round for 220+ Oil Blocks to Boost Energy Production The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to award more than 220 oil blocks in its upcoming licensing round, aiming to attract fresh investment and accelerate exploration across the country. The allocation includes 59 unlicensed offshore deepwater blocks, 41 in the Benue Trough, 40 in the Chad Basin, 28 in the Sokoto Basin, 16 in the Bida Basin, 13 in the
Minister Azevedo Unveils KUMA Project to Equip Angolans for Cabinda Refinery Jobs Angola’s Minister of Mineral Resources, Petroleum, and Gas, Diamantino Azevedo, has officially launched the KUMA Project in Cabinda. Designed to train 5,000 people in specialized skills, the initiative will directly support operations at the upcoming Cabinda Refinery. The program is led by Sonangol, Angola’s national oil company, in partnership with investment firm Gemcorp, the developers of the Cabinda Refinery. Training will be delivered
Angola Cuts Fuel Imports to 9.4 Million Tons in Second Quarter of 2025 Angola imported 9.4 million metric tons of fuel in the second quarter of 2025, worth USD 438 million — an 18 percent decrease compared to the previous quarter, according to official data. Luis Fernando, Director-General of the Petroleum Derivatives Regulatory Institute (IRDP), told the Angola Press Agency that imports were dominated by diesel (59.6 percent), followed by gasoline (25 percent), Jet A1
Angola Crude Oil Production Dips Below 1 Million Barrels per Day in July, Raising Revenue Concerns Angola’s crude oil production fell below 1 million barrels per day in July, reaching its lowest level since March 2023. According to the National Agency for Petroleum and Gas (ANPG), output dropped to 998,757 barrels per day, missing the government’s projection of 1.07 million barrels. The decline poses a risk to Angola’s revenue targets, especially as oil prices trade
Uganda Signs Deal with Alpha MBM to Construct Multi-Product Oil Refinery in Hoima District Uganda has signed a major agreement with Alpha MBM Investments to develop a crude oil refinery in Kabaale, Hoima District, marking a significant step toward energy self-sufficiency. President Yoweri Museveni emphasized that the project goes beyond fuel production, highlighting Uganda’s goal to refine and export its own petroleum products rather than relying on imports. He stressed the importance of adding value
NNPC, NLNG Sign 20-Year Gas Supply Agreements to Strengthen Nigeria’s Energy Security and Support Gas Industrialization NNPC Ltd and five upstream gas suppliers have signed long-term Gas Supply Agreements (GSAs) with the Nigeria Liquefied Natural Gas (NLNG) Company, securing 1.29 billion standard cubic feet (bscf) of feedgas per day. The agreements, which include extension options, were signed with SNEPCO-Sunlink HI, TEPNG-AMNI JV IMA, NNPCL-First E&P JV, SNG NGML, Oando-NNPC E&P, and TEPNG JV Ubeta. NLNG
$4 Billion Namibia-Botswana Refinery Project Aims to Cut Fuel Imports and Strengthen Regional Energy Security Namibia and Botswana have unveiled a $4 billion refinery project aimed at enhancing energy security and reducing dependence on imported fuel across Southern Africa. Planned for Walvis Bay in Namibia and Ghanzi in Botswana, the refinery is expected to process 60,000 to 100,000 barrels of crude oil per day. Once operational, it will supply petrol, diesel, kerosene, and jet fuel,
Cameroon Targets 2027 Restart for Sonara Refinery to Reduce Fuel Imports and Boost Energy Security Cameroon is set to restart its 42,000 barrels-per-day (bpd) Sonara refinery by 2027 through a comprehensive restructuring and recovery program, officially approved this month. The board endorsed the rehabilitation framework, named Parras 24, on August 13, establishing a 24-month schedule for repairs and operational restructuring. Government support is expected to play a decisive role in resolving the refinery’s financial and
Shell Plans 2026 Offshore Drilling in Namibia’s Orange Basin to Unlock Oil Potential Shell is set to begin a new drilling campaign in 2026, targeting five exploration wells in its PEL 39 offshore block in Namibia’s Orange Basin. The company has already made several discoveries in the area, including Graff, La Rona, and Jonker. The upcoming program—though the exact number of wells is still to be finalized—aims to collect additional data to better evaluate the
Mozambique LNG Megaproject to Restart in 2025, Supplying Japan and Asia by 2030 Construction of TotalEnergies’ liquefied natural gas (LNG) project in Mozambique is expected to resume by September 2025, with production projected to begin between 2029 and 2030, Mozambican President Daniel Chapo told the Japanese newspaper Nikkei last week. The $20 billion project, which also involves Mitsui & Co., was suspended in 2021 following an attack by Islamist militants. TotalEnergies has requested security guarantees,
