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LIBYAN OIL REVENUES RISE AS OUTPUT HITS 10-YEAR HIGH.
Libya’s oil sector recorded a strong performance in 2025, with crude oil production reaching a 10-year high of 1.4 million barrels per day (bpd), according to the National Oil Corporation (NOC).
- 4 months, 4 weeks
NEW REFINERY PROJECT TO BOOST ZAMBIA'S DOWNSTREAM SECTOR.
China Zambia Petrochemical Corporation (CZPC) is moving forward with its US$1.1 billion crude oil refinery project in Ndola after securing an Investment License from the Zambia Development Agency.
- 4 months, 4 weeks
UGANDA WANTS TO COOPERATE WITH RUSSIA IN OIL, GAS SECTOR.
Uganda has expressed interest in strengthening cooperation with Russia in the oil and gas sector, citing Russia’s extensive experience and technical expertise in energy development. The country is also looking to expand broader trade and cooperation with Russia in areas such as construction and information and communications technology.
- 5 months
INDIA SEEKS $30 BILLION FROM RELIANCE, BP OVER GAS UNDERPRODUCTION IN LANDMARK ARBITRATION.
India is pursuing its largest-ever compensation claim against a private company, seeking more than $30 billion from Reliance Industries and its partner BP over alleged underproduction from the KG-D6 offshore gas fields. The long-running arbitration, which has been underway since 2016, center's on claims that mismanagement of the D1 and D3 deepwater fields led to the loss of vast gas reserves that were critical to India’s energy security ambitions. A final ruling is expected in mid-2026, with potential repercussions for foreign investment confidence and India’s upstream energy policy.
- 5 months
TANZANIA’S OIL EXPLORATION PROJECT ENTERS SECOND PHASE.
The Eyasi–Wembere oil and gas exploration project has entered its second phase, using explosives in Lake Eyasi to acquire 2D seismic data across 914 kilometres, with significant local participation. Research since 2015 confirms the presence of oil and gas in the basin, highlighting its commercial viability and Tanzania’s growing frontier in the petroleum sector.
- 5 months
EYASI-WEMBERE OIL PROJECT RECRUITS OVER 2,000 LOCALS.
The Eyasi–Wembere oil and gas exploration project has recruited thousands of Tanzanians, especially local youths, to participate in seismic surveys and other project activities, providing both employment and economic benefits to surrounding communities. PURA oversees the project to ensure compliance with national energy policies and promotes local content, allowing Tanzanians and national enterprises to actively participate in the petroleum upstream industry.
- 5 months
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