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Oil And Gas

Oil and gas is a major global industry encompassing the exploration, extraction, refining, transportation and marketing of crude oil and natural gas, two of the world's most important energy sources and industrial feedstocks. The sector is typically divided into upstream activities (exploration and production), midstream operations (transportation, storage and wholesale marketing) and downstream processes (refining, distribution and retail). Africa is home to significant hydrocarbon reserves, with major producing countries including Nigeria, Angola, Algeria, Libya, Egypt and emerging players such as Mozambique, Tanzania and Namibia. Oil and gas revenues are critical to the fiscal health of many African economies, funding government budgets, infrastructure development and social programmes, though dependence on hydrocarbon exports also exposes countries to commodity-price volatility and the resource curse. The industry attracts substantial foreign direct investment from international oil companies and national oil corporations, and is subject to complex regulatory frameworks, production-sharing agreements and transparency initiatives such as the Extractive Industries Transparency Initiative. Environmental and climate considerations are reshaping the sector, with growing pressure to reduce carbon emissions, manage methane leakage and transition towards cleaner energy sources. Governance challenges, including corruption, contract opacity and community displacement, remain significant concerns in many African oil and gas jurisdictions. The sector's capital intensity, technical complexity and geopolitical significance ensure it remains a focal point of business coverage, policy debate and investment analysis across the continent.

Oil And Gas News


Norway Energy Minister Terje Aasland
Norway will drill in Arctic regardless of EU's position, says energy minister
24th August 2026 By: Reuters

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as... 


Head and shoulders shot of Muki
Talent pipeline starts long before recruitment
21st August 2026 By: Devina Haripersad

Developing female talent throughout the employee life-cycle, beginning with postgraduate education and extending through leadership development, mentoring and succession planning, remains a... 


Mozambique flag
ExxonMobil awards $1.1bn in contracts for Mozambique's Rovuma LNG project
18th August 2026 By: Reuters

ExxonMobil said on Monday it has awarded about $1.1-billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado. The US oil major... 


Aqua Horizon Technologies (AHT)
Aqua Horizon Technologies transforms water treatment
14th August 2026

As industries face increasing regulatory pressure and growing concerns over water scarcity, the demand for efficient, data-driven water treatment solutions is accelerating. South Africa-based Aqua... 


Sherritt's nickel and cobalt refinery in Alberta
Sherritt posts first losses from Cuba disruptions
13th August 2026 By: Marleny Arnoldi

Embattled nickel and cobalt refiner Sherritt International Corporation has started feeling the effects of US sanctions imposed on Cuba earlier this year and the company subsequently stopping mining... 


Matahio NZ Onshore operation in New Zealand
New Zealand grants new energy mining permit in the Taranaki Basin
13th August 2026 By: Reuters

New Zealand's centre-right coalition government on Thursday granted a new energy mining permit in the onshore Taranaki region, an oil-and-gas-rich area on the country's North Island, saying it... 


Delivering Africa’s energy future requires more than ambition
Delivering Africa’s energy future requires more than ambition
11th August 2026

Africa’s energy conversation has matured. The debate is no longer only about generation capacity shortfalls or policy intent. Increasingly, the defining question has moved on as to whether the... 


Worker in factory using the IS541.1 mobile phone
World first explosion-proof 5G 450 MHz smartphone
7th August 2026

An explosion-proof 5G smartphone with 450 MHz support for use in Zone 1 and 21 hazardous areas, was recently unveiled by i.safe MOBILE. The company says its IS541.1 model is a world-first, noting... 


ConocoPhillips' Australia Pacific LNG operation
ConocoPhillips completes $1.7bn asset sale, hits divestiture target early
6th August 2026 By: Reuters

ConocoPhillips said on Thursday it has completed the sale of $1.7-billion of noncore Lower 48 assets in July, helping the US oil producer reach its $5-billion asset disposition target ahead of... 


Canadian Natural Resources' Kirby oil sands operation
Canadian Natural Resources beats quarterly profit estimates
6th August 2026 By: Reuters

Canada's largest oil and gas producer Canadian Natural Resources surpassed expectations for second-quarter profit on Thursday, benefiting from higher oil and natural gas production. Canadian oil... 


The value of advisory services for critical infrastructure in West Africa
The value of advisory services for critical infrastructure in West Africa
6th August 2026

By; Nnadozie Ogbuehi - Vice President for Services, SSA at Schneider Electric As West Africa’s industrial and digital landscape expands at pace, organisations are facing a new reality:... 


Gran Tierra drill rig
Canada's Gran Tierra to sell South American assets to Maurel and Prom in $1.3bn deal
5th August 2026 By: Reuters

Canadian oil and gas producer Gran Tierra Energy said on Wednesday it had agreed to sell its Colombian and Ecuadorean oil operations to France's Maurel & Prom for $1.33-billion, including debt.... 


Petrobras oil and gas tanks
Petrobras halts studies for $1bn gas pipeline in Brazil amid regulatory uncertainty, sources say
5th August 2026 By: Reuters

Brazil's Petrobras is reassessing a major natural gas infrastructure investment in Brazil amid regulatory uncertainty surrounding a proposed government program that could also impact a project by... 


Nigerian Export Deal Highlights Growing Demand For Werner Pumps Pressure Testing Systems
Nigerian Export Deal Highlights Growing Demand For Werner Pumps Pressure Testing Systems
3rd August 2026

(Virtual Showroom) Werner Pumps has completed its first pressure testing unit sale into Nigeria, marking an important milestone in the company’s growing export activity. According to National Sales... 


Image of temperature sensors
Non-invasive sensing solutions offer simpler temperature measurement  
31st July 2026

Global electrification and automation specialist ABB has expanded its non-invasive temperature measurement portfolio with the introduction of NINVA Integrated, NINVA Remote, and NINVA Compact... 


Woodside Energy CEO Liz Westcott
Woodside Energy tightens 2026 production outlook as quarterly revenue surges
29th July 2026 By: Reuters

Australia's Woodside Energy reported a 28% rise in second-quarter revenue on Wednesday and narrowed its yearly production forecast, citing strong operational performance and high reliability across... 


Uranium Royalty Corp completes landmark Sweetwater transaction
Uranium Royalty Corp completes landmark Sweetwater transaction
28th July 2026 By: Sabrina Jardim

TSX- and Nasdaq-listed Uranium Royalty Corp (URC) has completed its previously announced plan of arrangement to merge its assets with those held by Sweetwater Royalties and form a new company, New... 


ADNOC project called Hail & Ghasha
ADNOC greenlights $6.2bn Umm Shaif Gas Cap project
21st July 2026 By: Reuters

Abu Dhabi's State energy company Abu Dhabi National Oil Company (ADNOC) has taken a $6.2-billion final investment decision (FID) to develop the Umm Shaif Gas Cap, in an acceleration of its... 


Vaar Energi oil and gas infrastructure
Biggest independent European oil, gas producer to emerge from Vaar Energi, BlueNord deal
21st July 2026 By: Reuters

Norway's Vaar Energi said on Tuesday it will buy smaller Oslo-listed rival BlueNord to form Europe's largest independent oil and gas producer in a deal worth around $1.33-billion that sent shares... 


Africa should have infrastructure that connects its countries
Innovatively expanding infrastructure to accommodate diverse value chains likely to boost Africa's economies
17th July 2026 By: Schalk Burger

Uganda, in 2015, worked with the Democratic Republic of Congo (DRC) to build roads in the eastern DRC, which enabled goods manufactured in Uganda to be exported to this region, benefitting Uganda... 


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pqt: 0.172s - ct: 0.221s - 275pq - 2rq
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