Angola’s Richest Man Doubles His Stake in the Block 17/06 Oil Field
Angola Block 17/06 changes hands: Sonangol cedes 5% to António Mosquito's Falcon Oil, doubling the tycoon's stake in the TotalEnergies-operated...
July 13, 2026Topic
oil and gas
Oando Profit Hits N204.8 Billion on the Fields Eni Left
Oando profit reached N204.8 billion in 2025 on a 32% production jump, the first full year running the Nigerian oilfields...
July 10, 2026
Nigeria Becomes the First OPEC Nation to Join the IEA
Nigeria joins the IEA as the first OPEC member to do so, giving Africa's largest oil producer a seat at...
July 4, 2026
Dangote Says His Refinery Alone Is Worth US$40 Billion
Aliko Dangote claims his Lagos refinery alone is worth over US$40 billion, far above Forbes' US$38bn fortune estimate. See why...
June 22, 2026
Shell-Backed Raízen Sells Its Argentina Fuel Arm to Mercuria
Raizen is selling its entire Argentina fuel business to trader Mercuria for over one billion dollars, a major step in...
June 20, 2026
Mexico’s Pemex Heads to Brazil to Seal a Deal With Petrobras
Pemex, carrying $80B in debt and output halved to 1.6M bpd, sends team to Brazil this month to sign a...
June 20, 2026
Petrobras will be led by a former official and critic of the Brazilian oil company
President-elect Lula da Silva has appointed a senator and former Petrobras official to lead Brazil's state oil company, Jean Paul...
December 30, 2022
Brazil’s electricity bill will continue to show extra charges
The decision was announced yesterday, February 25, by the National Agency of Electrical Energy (ANEEL). However, other users will be...
February 26, 2022
“Brazil is sovereign”: Bolsonaro says to Putin on U.S. unease
President Jair Bolsonaro argued Brazil's "sovereignty" after being received Wednesday in Moscow by Russian President Vladimir Putin,
February 17, 2022