Angolan Mining Oil & Gas

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

Read More Here

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

Read More Here

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

Read More Here