Nigeria’s domestic oil firms drive upstream revival and target $35bn investment push

13 May 2026
Nigeria’s domestic oil and gas producers have increased their share of national crude output to 27% from 12% a decade ago and are preparing about $35bn in new investments

ANPG extends TotalEnergies production licence for Block 32 offshore Angola until 2043

13 May 2026
Block 32 is one of Angola’s largest oil-producing assets, spanning 5,340 square kilometres, and includes the Kaombo ultra-deepwater project, which connects six offshore fields to two FPSOs.

Egypt eyes Algerian crude imports to secure summer energy supplies

12 May 2026
Egypt’s Ministry of Petroleum and Mineral Resources is studying plans to import around 6mn barrels of crude oil from Algeria starting in July 2026, as part of efforts to diversify supply sources and strengthen energy security,

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