Kinshasa Orders a Full Review of Its Shared Oil Zone With Angola
Congo Angola oil zone back to the drawing board: Kinshasa's cabinet has ordered a full report on the shared offshore...
August 18, 2026Section
Oil and Gas Business
Oil and Gas Industry News in Rio de Janeiro and Brazil
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, 2026
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 Pays US$780 Million for YPF’s MetroGAS Stake
Argentina's Edenor agreed to pay US$780 million for YPF's 70% stake in gas distributor MetroGAS. MetroGAS shares jumped nearly 15%...
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