Nigeria Introduces Cawthorne Light Sweet Crude to Boost Exports and Strengthen OPEC Position The Nigerian National Petroleum Corporation has announced plans to begin exporting a new light, sweet crude grade known as Cawthorne from March, signaling a gradual recovery in production from Africa’s largest oil exporter. The launch of the new grade comes as Nigeria works to restore output levels that have been constrained for years by pipeline vandalism, crude theft and security challenges in
Zambia Metrology Agency Recognises Dip Stick and Chart Method for Petroleum Imports from Tanzania The Zambia Metrology Agency (ZMA) has announced the adoption of the dip stick and chart method as a recognised secondary reference measurement system for tanker trucks importing petroleum products into Zambia. In a statement issued on 24 February 2026, ZMA Executive Director Humphrey Nkobeni confirmed that dip sticks and calibration charts certified by the Weights and Measures Agency will now be
Senegal Revokes Cayar Offshore Shallow License from Atlas Oranto Petroleum The Senegalese government has officially withdrawn the Cayar Offshore Shallow exploration license from Atlas Oranto Petroleum, citing the company’s failure to provide required bank guarantees and limited exploration activity since the block was awarded in 2008, despite multiple deadline extensions. The offshore license covers approximately 3,600 square kilometers north of the Dakar peninsula. Industry data indicate the area is oil-prone but remains largely unexplored, with
Zambia, Tanzania Agree on Fuel Supply Arrangements to Secure Petroleum Deliveries via TAZAMA Pipeline The Ministers of Energy of Zambia and Tanzania today held a high-level bilateral meeting in Dar es Salaam, reaffirming their long-standing partnership in petroleum cooperation and regional energy security. The engagement brought together senior government officials from both countries to deliberate on petroleum supply logistics, infrastructure management, and policy coordination, with a shared goal of ensuring a stable and reliable fuel
Cameroon’s Kribi Oil Refinery Targets Early Operations in 2026 to Cut Fuel Imports Cameroon’s Kribi oil refinery is on track to begin partial operations in the second half of 2026, nearly two years ahead of its original commissioning timeline. The project represents the country’s first major new oil processing facility in decades and is expected to significantly reduce reliance on imported fuel. The initial phase of the refinery is designed to process up to 10,000
Egyptian General Petroleum Corporation Enters $6.5 Million Oil and Gas Deal with Terra Petroleum The Egyptian General Petroleum Corporation (EGPC) has signed a $6.5 million oil and gas exploration agreement with UK-based Terra Petroleum, marking the company’s first entry into the Egyptian energy market. Under the terms of the agreement, Terra Petroleum will drill three exploration wells in the Northwestern El Moghra concession in Egypt’s Western Desert. The company will also conduct comprehensive 2D and
Etu Energias Expands National Fuel Network with New Station at Cuca Factory in Luanda Etu Energias inaugurated a new fuel station this Friday within the perimeter of the Cuca Factory in Luanda, marking another step in the company’s strategic expansion in Angola’s energy distribution sector. The announcement was made in a statement sent to VerAngola. According to CEO Edson Santos, the opening of the Cuca Fuel Station (PA Cuca) “symbolizes Etu Energias’ commitment to the
Ghana Breaks Ground on $12B Oil Refinery, Paving Way for West Africa Petroleum Hub Ghana has officially launched its $12 billion oil refinery project in Jomoro, marking the first phase of a larger $60 billion integrated Petroleum Hub. The megaproject is designed to complement Senegal’s New Oil Refinery Project, positioning West Africa as a major petroleum hub on the continent. The initiative includes constructing a 300,000-barrel-per-day refinery, a petrochemical plant, and extensive storage and port
Dangote Oil Refinery Increases Exports to Middle East as Regional Refinery Shutdowns Create Market Opportunities Africa’s largest oil refinery, the Dangote Oil Refinery in Lekki, has seen a substantial rise in the volume of refined products exported in recent months, particularly to markets in the Middle East. A report by Punch newspaper highlighted that the surge is largely due to downtime at other regional refineries, creating a supply gap that the $20 billion Lekki-based refinery
DRC Oil Prices Rise 1.8% to $67.7 per Barrel Despite Yearly Decline The price of a barrel of oil, one of the Democratic Republic of Congo’s (DRC) key export commodities, rose to US$67.7 on August 22, 2025, up from US$66.9 the previous week, marking a 1.8% increase, according to the Central Bank of Congo’s latest economic report. As of August 21, oil prices were still 9.1% lower than at the end of 2024 and down
