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A service for energy industry professionals · Thursday, May 29, 2025 · 817,158,720 Articles · 3+ Million Readers
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Southern Africa Oil & Gas Newswire

  • Published on 04:26 GMT

    Why big oil turned to Trump for help in Africa

    Officials from the U.S. Treasury and State departments are pushing the countries to resolve a disagreement over the remediation funds owed by Chevron, ConocoPhillips and other oil companies. Such funds are used for future environmental cleanup at …

    Source: Mint - Neutral
  • Published on 07:38 GMT

    Opec plus adopts plan for 2027 baselines

    OPEC+ agreed yesterday to establish a mechanism for setting baselines for its 2027 oil production, while Opec+ sources said that separate talks on Saturday could agree a further accelerated oil output hike for July. The group, which includes the …

    Source: Gulf Daily News Online - Pro-Government
  • Published on 08:36 GMT

    Africa’s short-term outlook resilient

    Africa’s economy is projected to increase from 3.3 percent growth in 2024 to 3.9 percent in 2025, reaching 4 percent in 2026, despite mounting geopolitical uncertainties and trade tensions, the African Development Bank Group (www.AfDB.org) said Tuesday in …

    Source: Business Ghana - Pending
  • Published on 04:17 GMT

    Dangote Refinery Ends Nigeria’s Status as Africa’s Biggest Fuel Importer

    •With capacity shrinking, S’Africa becomes largest buyer Emmanuel Addeh in Abuja Nigeria has ended its multi-year run as Africa’s largest importer of petroleum products on the back of the commencement of operations of the Dangote refinery, which has …

    Source: This Day - Pro-Government
  • Published on 08:40 GMT

    Gold Surge Slashes Zimbabwe’s April Trade Deficit as Mining Drives Gains

    Zimbabwe recorded its first trade deficit contraction in 2025, largely due to the strong performance of the mining sector, particularly gold and nickel exports, which offset declining imports. By Ryan Chigoche According to newly released Zimstat data, the …

    Source: Mining Zimbabwe - Pending
  • Published on May 28, 2025

    Transforming ESP operations for oil and gas companies

    Africa’s oil and gas power demands are currently being shaped by rapid population growth, industrialisation, and persistent energy poverty. According to the IEA, the domestic demand for oil and gas in Africa is expected to account for almost two-thirds of …

    Source: African Mining Market - Pending
  • Published on 11:15 GMT

    Three Die as Blaze Sweeps Through Oil Platform in Angola

    (MENAFN) Two of the oil platform workers who suffered severe burns in a fire off the coast of Angola have succumbed to their injuries, bringing the total number of fatalities to three, Angola's Ministry of Mineral Resources, Petroleum and Gas confirmed …

    Source: MENAFN - Indeterminate
  • Published on May 28, 2025

    The global race for critical minerals is on. Where is South Africa?

    The area around Hotazel in the Northern Cape contains much of the world’s known deposits of manganese. Geopolitical tensions over critical minerals have become the focus of the global energy transition. The worldwide shift toward decarbonisation has …

    Source: Mail & Guardian - Left-wing
  • Published on May 28, 2025

    Dangote ends Nigeria’s reign as Africa’s biggest petrol importer

    …South Africa takes lead Nigeria, long known as Africa’s biggest importer of refined petroleum products, has ceded that position to South Africa, marking a dramatic shift in the continent’s energy landscape. The development follows the operational ramp-up …

    Source: Business Day - Neutral
  • Published on May 28, 2025

    Global oil trader reinvents as Dangote refinery takes West African market

    Swiss-based oil trader Mocoh is undergoing a strategic overhaul as Nigeria’s massive Dangote refinery reshapes fuel supply dynamics across West Africa, disrupting traditional trade routes and prompting a shift in business models. For years, Mocoh built its …

    Source: Business Day - Neutral
  • Published on May 28, 2025

    OPEC+ Adopts Plan for 2027 Baselines Ahead of July Output Hike Talks

    LONDON/MOSCOW, May 28 (Reuters) – OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday could agree a further accelerated oil output hike for July. …

    Source: gCaptain - Neutral
  • Published on May 28, 2025

    AfDB sees Africa mobilising additional $1.43trn in domestic resources

    … projects economy to grow by 4% in 2026 Africa’s short-term outlook is resilient despite global economic and political headwinds. With the right policies, Africa has the potential to mobilise an additional $1.43 trillion in domestic resources from both …

    Source: Business Day - Neutral
  • Published on May 28, 2025

    Modest 3% increase in paddy support price

    The Cabinet on Wednesday approved an increase in the range of 1-9% in the minimum support prices (MSP) of major kharif crops for the 2025-26 kharif season (July-June), but raised the support price for paddy, by a modest 3% to Rs 2369/quintal. The hike …

    Source: Financial Express - Neutral
  • Published on May 28, 2025

    Building An Oil Refinery Could Be a Fine Idea

    By: John Steytler Economic collaboration between Namibia and Botswana has the potential to reshape the regional energy landscape. Recently, President Dr. Netumbo Nandi-Ndaitwah of Namibia and President Duma Boko of Botswana met to discuss critical economic …

    Source: Villager - Pending
  • Published on May 28, 2025

    What Must Happen for Africa to Develop?

    African leaders and the entire continent are not oblivious of the woes and the devilish intent of imperialistic or neo-colonial tendencies? They are well aware, and we may be deluding ourselves into believing they are unaware. Even an SHS 2 government …

    Source: Modern Ghana - Neutral
  • Published on May 28, 2025

    Death toll on Cabinda oil platform rises to three

    This is the second death to have occurred in South Africa, where four of the 17 injured were taken for specialized medical treatment. Another worker, who had been reported missing, was also found dead and "efforts are continuing to recover the body …

    Source: Ver Angola - Neutral
  • Published on May 28, 2025

    Geothermal energy: Blowing steam up Africa’s Rift Valley

    If fully developed, the geothermal capacity in Africa would yield an energy capacity five times greater than the current world leader, the US. The bulk of this would come from the spectacularly unexploited East African Rift System (EARS), which currently …

    Source: ESI Africa - Neutral
  • Published on May 28, 2025

    AfDB forecasts Angola to grow three percent this year and 3.6 percent in 2026 amid challenges

    "The combined effects of falling global oil prices (...) and the potential impact of 32 percent US reciprocal tariffs will reduce revenues and constrain GDP growth to three percent in 2025 and 3.6 percent in 2026," according to the AfDB, below …

    Source: Ver Angola - Neutral
  • Published on May 28, 2025

    Three dead in Angolan oil rig fire: agency

    Luanda, Angola—Two more people have died from injuries sustained in a fire at an oil rig off Angola, the country’s oil regulator said Tuesday, raising the toll to three. The fire broke out last week at the platform operated by gas consortium CABGOC, an …

    Source: Manila Standard - Pro-Government

04 days 15:05:21

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