Libya’s prime minister said oil output hit a 12-year high in 2025 as the country launched new licensing rounds and prepared major oil and gas agreements with foreign companies.
Libya lifts oil output to a 12 year high as new deals take shape Read More »
South Sudan took control of the Heglig oil field under a tripartite agreement after Sudanese forces surrendered to prevent further conflict.
South Sudan secures key Heglig oil field after Sudanese conflict Read More »
Nigerian president Bola Tinubu has dismissed the NNPC board, replacing key executives to enhance efficiency and drive oil sector reforms.
Tinubu replaces leadership of Nigeria’s oil giant in major shake-up Read More »
Seplat Energy plans to invest up to $320 million in new wells and infrastructure in Nigeria this year, aiming to more than double its oil output to as much as 140,000 barrels per day following its acquisition of ExxonMobil’s Nigerian assets.
Nigeria’s Seplat plans $320 million investment to boost oil output Read More »
After 17 years of hiatus, Libya opens first oil exploration bidding round to attract foreign companies.
Libya begins first oil bidding round since Gaddafi’s fall Read More »
Libya’s National Oil Corporation targets increased production and transparency under new chairman Massoud Suleman.
Libya’s NOC to review operations, consider office closures Read More »
The head of Libya’s National Oil Corporation (NOC) has departed from his role, sources revealed. NOC is the backbone of Libya’s oil production, overseeing technical operations and managing smaller subsidiaries in the OPEC nation. Libya, the third-largest oil producer in North Africa, has struggled with disrupted production since the fall of Muammar Gaddafi in 2011.
Head of Libya’s national oil corporation steps down – report Read More »
South Sudan plans to resume oil production after a key pipeline to the Red Sea was damaged by fighting in neighboring Sudan earlier this year.
Oil production to resume in South Sudan after pipeline repairs Read More »
Libya’s National Oil Corporation will offer new exploration opportunities by year-end while maintaining oil output of 1.4 million barrels daily.
Libya’s oil production reaches 1.4 million barrels daily Read More »
A survey reveals OPEC oil production rose in June, defying output cuts. Nigeria and Iran led the increase, while Iraq continued to exceed its quota.
OPEC oil output unexpectedly rises in June Read More »
