Gabon is considering changes to the distribution of oil revenues to make its ultra-deepwater blocks more attractive. Wood Mackenzie’s proposal combines a 19% royalty on the value extracted with a minimum 20% share of production after cost recovery. The consultancy…
BW Energy plans to drill five new production wells on the Dussafu oil license offshore Gabon to restore the field’s output. The program was expanded following positive results from the Hibiscus 10P1 and 10P2 appraisal wells. Both encountered oil and…
Marking its 50th anniversary, Angola’s state-owned company is relying on exploration, field development and partnerships with majors to increase its operated production by 10% by 2030.
In Canada, oil production reached a record in 2025 while sector emissions declined slightly according to a preliminary estimate. This near-stagnation highlights the gap between improved carbon intensity and an actual reduction in emissions.
Peak oil can refer to peak production or peak demand. Understand these two concepts, current projections and their implications for Africa.
Understand OPEC's role, its members, production decisions and influence on the oil market, with an overview of developments in 2026.
La National Oil Corporation (NOC) maintient son ambition de dépasser 1,2 million de barils par jour, mais les interruptions observées en septembre rappellent combien la production libyenne reste…
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