Niger Signs US$1.9bn Refinery It Cannot Yet Fund
Niger signed a US$1.9 billion refinery concession at Dosso on 15 August, giving its partner four months to raise the...
August 17, 2026Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
Drones Hit Libya’s Biggest Working Refinery as Oil Output Nears a 13-Year High
Five drone strikes hit Libya's Zawiya refinery between 9 and 11 August, collapsing a petrol tank and prompting a force...
August 15, 2026
Nigeria’s New Deep Offshore Rules Target Up to US$50 Billion
Nigeria deep offshore investment now has a rules-based framework President Tinubu says could unlock US$50 billion, starting with Bonga South...
August 14, 2026
Venezuela’s Oil Output Inches Up, but India Turns Away
Venezuela's oil output rose to about 1.12 million barrels a day in July, but crude exports to India fell sharply...
August 12, 2026
Edenor Buys MetroGAS From YPF for US$780 Million
Edenor's MetroGAS deal buys YPF's stakes for US$780 million, lifting MetroGAS shares as YPF pivots capital toward Vaca Muerta shale...
August 11, 2026
Angola Fuel Import Bill Soars 48% to US$1.7 Billion
Angola's fuel import bill rose 47.8% to about US$1.7 billion in the first half of 2026, outpacing what the state...
August 4, 2026
NNPC Profit Falls 35% to About US$1.7 Billion in First Half
NNPC profit fell 35.4% to N2.28 trillion, about US$1.7 billion, in the first half of 2026, with Federation Account remittances...
August 4, 2026
Ivory Coast Raises Fuel Prices for the Second Time Since May
Ivory Coast fuel prices rose on 1 August, with petrol at 905 CFA francs a litre and diesel at 725,...
August 3, 2026
Equatorial Guinea Gas Deal Delayed on China Investment Rules
The Equatorial Guinea gas deal with China's Fuhai Energy has slipped to 31 August, after new Chinese outbound investment rules...
August 3, 2026