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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


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... 


Tradestream Project Logistics
Tradestream Project Logistics
17th July 2026

Specialist project logistics division of Tradestream, Tradestream Project Logistics, provides comprehensive logistics solutions for large-scale industrial and infrastructure projects throughout... 


The above image depicts the Boltight hydraulic bolt tensioning equipment
Hydraulic bolt tensioning equipment ensures even preload
17th July 2026

Particularly useful for bolts on valves, pipes, pumps and engines, the Boltight hydraulic bolt tensioning equipment – included in industrial equipment supplier BMG’s Nord-Lock bolting solutions... 


Fossil generation ‘substituted’ by renewables in 2025  amid electricity tipping point
Fossil generation ‘substituted’ by renewables in 2025 amid electricity tipping point
17th July 2026 By: Terence Creamer

Record global electricity demand last year was met entirely by low-carbon sources, resulting in fossil fuels generation being substituted rather than supplemented, the Energy Institute’s... 


A LibertyStream lithium refining unit in Texas
Lithium producer LibertyStream announces C$20m fundraise
14th July 2026 By: Marleny Arnoldi

TSX-V-listed LibertyStream has announced a non-brokered private placement of up to 25-million units at a price of C$0.80 apiece, to raise up to C$20-million. Each unit will comprise of one common... 


An image of Scott Macleod and Lucy Clinton-Massie
Milestone celebration caps off decade of growth
10th July 2026

Last month marked the tenth anniversary of the acquisition of bolting solutions manufacturer Steadfast Scotland by pipes and fittings supplier The Marla Group – a milestone capping a decade of... 


Petrobas tanks
Petrobras signs $58m deal with Brazil regulator to bring wells into compliance
8th July 2026 By: Reuters

Brazilian State-run oil firm Petrobras signed an agreement with regulator ANP committing to bring 335 temporarily abandoned offshore wells into compliance with safety and environmental rules, both... 


A globe focused on Africa
Africa attracted investment in 2025; the challenge is turning it into broader industrial development – Unctad
7th July 2026 By: Schalk Burger

Foreign direct investment (FDI) inflows to Africa reached about $70-billion in 2025, which was below the exceptional $94-billion recorded in 2024, but was the third-highest number since 1990 and... 


Image of Roto Mining Station 1022
Pumping technologies for tough fluid handling challenges
26th June 2026

Modern process industries such as abrasive mining slurries, explosive emulsions, and highly viscous industrial fluids require reliable, efficient, and safe pumping systems that offer ease of... 


Digital services poised to play a defining role in operational resilience across West Africa
Digital services poised to play a defining role in operational resilience across West Africa
18th June 2026

By: Nnadozie Ogbuehi - Vice President for Services, SSA at Schneider Electric Across West Africa, organisations are increasingly rethinking how they manage critical assets and operational... 


Libya landscape
Libya's NOC signs production-sharing deals with foreign firms after licensing round
15th June 2026 By: Reuters

Libya's National Oil Corporation (NOC) has signed production-sharing agreements with several international energy companies following the country's first licensing round in nearly two decades, its... 


Schneider Electric introduces next-generation BlokSeT switchboard for advanced, reliable power distribution in West Africa
8th June 2026

Schneider Electric, a global energy technology leader, has announced the availability of its next-generation BlokSeT low-voltage (LV) switchboard for the West African marketplace. The switchboard... 


VEGA to Showcase Cutting-Edge Measurement Technology at Electra Mining Africa 2026
5th June 2026

(Virtual Showroom) Electra Mining Africa is one of the most significant dates on the industrial calendar, and this September, VEGA will be bringing its world-class measurement technology to the... 


Mantengu CEO Magen Naidoo (left), Averi Finance founder and CEO Gaspar Lino (right)
Averi Finance, Mantengu set out to create an enlarged pan-African investment platform
20th May 2026 By: Lumkile Nkomfe

African investment and advisory firm Averi Finance and JSE-listed mining investment company Mantengu have entered into substantive negotiations for a reverse merger that will create a pan-African... 


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