Eni has made a major natural gas and condensate discovery offshore the Ivory Coast in Africa, in part of what is estimated to be the second largest discovery in the country after Baleine, the Italian energy major said on Monday. Eni has focused on exploration offshore Africa in recent years as it looks to boost...
Category: Oil and Gas
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Azule Energy makes 500-MMbbl offshore oil discovery in Angola Block
The Eni/bp venture Azule Energy and its partners have discovered an offshore well that may hold 500 million barrels of crude, a potential boost to Angola’s efforts to slow declining output. The find was made at the Algaita-01 exploration well in Block 15/06 off Angola, the National Oil, Gas and Biofuels Agency, known as ANPG,...
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GODAC Secures CTVET Accreditation as Technical Training Centre of Excellence
Ghana Oil Drilling Academy and Consultancy (GODAC) has been officially accredited by the Commission for Technical and Vocational Education and Training (CTVET), earning recognition as a Centre of Excellence in Technical and Vocational Education and Training.The accreditation positions the East Legon–based institution as a certified provider of structured technical programmes, enabling students to complete full...
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10 African countries with the largest oil reserves in 2026
Even as global conversations increasingly focus on clean energy, oil continues to play a central role in Africa’s economic narrative, generating government revenue, employment, and strategic geopolitical influence. Libya currently holds Africa’s largest proven oil reserves at about 48.4 billion barrels, ranking ninth in the world, according to the Global Firepower report.Below are the African...
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Egyptian Investor Group Targets Fibre Gas Cylinder Factory in Ghana
An investment consortium from Egypt, Chemexa Petrochemical Trading and Kaolin have initiated talks to establish a fibre (composite) gas cylinder manufacturing plant in Ghana, as part of a broader plan to invest in the Petroleum Hub Development Project. The proposed factory, which would produce next-generation LPG cylinders with a lifespan of up to 20 years,...
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GHEITI Urges Government to Ring-Fence Oil Revenues
GHEITI urges government to ring-fence oil revenues for Big Push infrastructure, warning that diversion and co-mingling of funds will undermine transparency, accountability, and the visible impact of petroleum-funded projects. The Multi-Stakeholder Group of the Ghana Extractive Industries Transparency Initiative (GHEITI) has urged the government to strictly ring-fence oil revenues earmarked for the proposed “Big Push”...
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Crude Oil Lifting Proceeds Fall to $198.2m in H2 2025
The Bank of Ghana has reported a sharp decline in petroleum lifting receipts in the second half of 2025, with inflows into the Petroleum Holding Fund (PHF) falling significantly compared to the same period a year earlier. In its semi-annual report on Ghana’s Petroleum Finds for H2 2025, the Central Bank said the PHF received...
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TOR, Ghana Gas Deepen Collaboration on Gas Infrastructure and Cleaner Refinery Operations
Ghana’s downstream petroleum recovery and gas monetisation efforts converged in Tema on 27 January when the Managing Director of the Tema Oil Refinery (TOR), Mr. Edmond Kombat, Esq., paid a strategic courtesy call on the Chief Executive Officer of Ghana Gas, Ms. Judith Adjobah Blay. The engagement sought to strengthen institutional collaboration between the two...
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From Farm-ins to First Oil: How Collaboration is Driving Namibia’s Upstream Development
As Namibia targets first oil production by 2029, collaboration has emerged as one of the defining forces shaping the country’s upstream trajectory. With deepwater exploration characterized by high capital intensity, complex geology and long development timelines, partnerships are no longer optional – they are essential. As the country advances towards first oil, platforms such as...
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Energy Minister Commissions Ghana’s First CNG Facility to Drive Clean Energy Transition
Policy & Impact Focus The Minister of Energy and Green Transition, Mr. John Jinapor, has joined Tetracore Gas Ghana Limited to commission Ghana’s first-ever Compressed Natural Gas (CNG) facility, marking a major milestone in the country’s energy transition.The commissioning of the facility represents a decisive step towards providing cleaner, more affordable, and reliable energy, while...