AfrOil - Africa Oil & Gas

7 November 2024

Energy industry must drive sustainable socio-economic growth: ADIPEC

6 November 2024

The global energy industry must drive the next phase of sustainable socio-economic growth, UAE Industry Minister and CEO of the country’s national oil company ADNOC, Sultan Ahmed Al Jaber, said at the ADIPEC conference in Abu Dhabi on November 4.

OPEC output rises despite Iraqi cuts as unwinding is pushed back

4 November 2024

has pushed back its planned easing of output cuts to the end of the year, just as production has risen despite Iraq’s compensatory efforts

Global oil supply to see major glut next year: World Bank

2 November 2024

Global commodity prices are on track to slump to a five-year low next year, with an oil glut emerging so large that it will largely negate the impact of the Israel-Palestine war escalating into a regional Middle Eastern conflict.

Africa Oil secures approval for merger with BTG Pactual in Prime Oil & Gas

1 November 2024

Africa Oil Corp. has received approval from Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) to merge its subsidiary, Africa Oil Papa Corp, with BTG Pactual Holding.

Panoro Energy signs agreements on offshore blocks in Gabon

1 November 2024

Panoro Energy has signed production-sharing contracts with the Gabonese government, securing a 25% interest in two offshore blocks, Niosi Marin and Guduma Marin.

Ghana seeks petroleum imports from Nigeria's Dangote refinery to bolster energy security

31 October 2024

Ghana is in talks to import refined petroleum products from Nigeria’s Dangote Refinery as part of a broader strategy to enhance energy security and deepen economic ties with West African neighbours.

Casterra Ag Ltd. expands castor seed production in Kenya, bolstering biofuel supply chain across Africa

31 October 2024

In a significant move for sustainable biofuel production, Casterra Ag Ltd., a subsidiary of the computational biology firm Evogene Ltd. (Nasdaq: EVGN, TASE: EVGN), has achieved a milestone with its first shipment of over 100 tons of castor seeds