Kenya Says Dangote Has Offered It a Tenth of the Lamu Refinery
A Dangote Lamu refinery stake of 10%, worth about US$500 million, has been offered to Kenya, with 30% on the...
August 22, 2026Topic
Oil
Republic of the Congo Oil Contracts Lock In a US$90 Windfall Trigger
Republic of the Congo oil contracts get a single US$90-a-barrel windfall trigger for their full term, under four bills approved...
August 20, 2026
Nigerian Stock Turnover Jumps as the Market Falls 1.2%
Nigerian stock turnover rose 26.6% to about US$129 million in the week to 14 August 2026, but the index fell...
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
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
Angola Adds the Chinese Yuan to Its Central Bank Reserve Requirements
Chinese yuan reserves — Angola’s central bank has added the Chinese yuan as a fourth eligible currency for bank reserve...
July 14, 2026
Petroperú’s Union Wants Agency ProInversión Pulled From the Oil Rescue
Petroperu’s oil-workers demand ProInversion exit, citing zero results after 6 months despite a $208M profit. Agency warns repeal voids the...
July 14, 2026
Exxon Is Almost Done Scanning Trinidad’s Deepwater for a $21 Billion Oil Bet
Trinidad deepwater exploration advances as ExxonMobil nears completion of a large seismic survey on Block TTUD-1, with billions of dollars...
July 13, 2026
Mexico’s State Oil Company Told U.S. Regulators Its Reserves Last Nine More Years
Pemex proved reserves would last 9.1 years at current output, its US filing shows. Crude fell 2.6 percent while five...
July 10, 2026