Africa's upstream oil and gas sector is undergoing a significant transformation as major international companies reduce their exposure to mature assets, creating opportunities for new regional and ...

J. William Carpenter is an economist who writes financial topics. He is an author of published works for higher education and business clients. Thomas J. Brock is a CFA and CPA with more than 20 years ...

Africa is experiencing a surge in energy development, with both fossil fuel and renewable energy projects on the rise. Significant oil and gas discoveries have been made in recent years, while ...

For decades, Africa’s natural resources have been a cornerstone of the global oil market, with the Organisation of the Petroleum Exporting Countries (OPEC) recognising the continent’s critical ...

Africa Oil Corp. expects to complete the full takeover of Prime, a 50-50 venture with BTG Oil & Gas, in March, earlier than the third quarter as initially expected. Image by TeamDAF via iStock Africa ...

Africa Oil has increased its stake in Block 3B/4B offshore South Africa, enhancing its strategic foothold in an asset where a closely watched exploration well is due to be drilled in 2025. Operated by ...

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A surge in oil prices triggered by the U.S. and Israel’s war on Iran will improve the current account balance of only a handful of sub-Saharan African economies, while most others are likely to suffer ...

The Trump administration is wading into a long-running dispute between its allies in the oil patch and six Central African countries that could derail fossil-fuel projects valued at more than $130 ...

East Africa Crude Oil Pipeline (EACOP) and TotalEnergies Successfully Host the 4th Students' Conference on Youth in the ...

A mysterious oil spill is raising concern among South African conservationists and coastal communities. On Jan. 22, reports started emerging of congealed oil washing up on South Africa’s southeast ...