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Oil & Gas

QATAR DOES NOT WANT OIL PRICES OF $100.

In response to ongoing changes in the global energy sector, Qatar has made a clear statement regarding its stance on oil and natural gas pricing.

1 year

Oil & Gas

ETHIOPIA’S OGADEN OIL: PROMISE OF PROSPERITY OR A DANGEROUS GAMBLE?.

Ethiopia’s Ogaden region holds vast oil reserves that could transform the country’s economy. But without responsible governance, environmental protection, and local inclusion, the promise of prosperity may quickly turn into a dangerous gamble.

1 year

Oil & Gas

SOMALIA AND TÜRKIYE SIGN HISTORIC OIL DEAL: A NEW ERA FOR EAST AFRICA’S ENERGY FUTURE.

Somalia and Türkiye signed a groundbreaking oil exploration deal in April 2025, granting Türkiye rights to develop major onshore oil blocks in Somalia. The agreement marks a strategic alliance that could reshape East Africa’s energy future and boost Somalia’s economic revival.

1 year

Oil & Gas

UKRAINE GAS RESERVES ARE AT LOWEST LEVEL IN 11 YEARS.

Ukraine’s natural gas reserves have fallen to their lowest level in over a decade, with storage facilities barely 20% full after heavy wartime damage to production infrastructure. As the country scrambles to rebuild supplies ahead of the 2025/26 winter season, urgent gas imports and international financial support are now critical. Analysts warn Ukraine will need billions in funding to secure enough gas for the coming months amid ongoing energy security challenges.

1 year

Oil & Gas

TWO DRILLING RIGS MOVE TO MISSION IN AFRICA AFTER CONTRACT WITH ARAMCO SUSPENDED.

Two drilling rigs operated by UAE-based Shelf Drilling have arrived in West Africa to begin new assignments after being released from contracts with Saudi Aramco.