ESG/Investment
News
December 02, 2025
Africa’s upstream sector is gaining investor momentum, with regulatory reforms, new licensing rounds, and gas-focused policies improving above-ground attractiveness across key markets from Angola to Namibia and Nigeria.
News
December 01, 2025
Harbour Energy will cut 100 more UK jobs after the government retained the Energy Profits Levy through 2030. The operator says North Sea assets are struggling to attract capital under the 78% tax burden, following earlier workforce reductions.
News
November 28, 2025
Ecopetrol has approved a 2026 investment plan of $5.4–$6.6 billion, keeping spending steady as the company targets 730,000–740,000 boed next year. The plan prioritizes upstream activity, refinery reliability and gas development, while allocating 30% to energy-transition, transmission and infrastructure projects under a conservative $60 Brent outlook.
News
November 28, 2025
Petrobras reduced its five-year investment plan to $109 billion, citing weaker oil prices and shifting political pressures. The cut raises investor concerns over dividend yields as the Brazilian state-controlled producer prioritizes long-term offshore expansion.
News
November 24, 2025
African leaders are calling on the G20 to prioritize investment in the continent’s oil and gas resources, arguing that expanded upstream development is essential for industrial growth, energy security and lifting millions out of energy poverty.
News
November 12, 2025
In a new op-ed, African Energy Chamber Chairman NJ Ayuk emphasizes that responsible oil and gas production is essential for Africa’s economic growth, energy security, and poverty reduction, despite mounting global pressure to curb exploration.
Article
October 2025
The rapid rise of data centers is reshaping the U.S. energy landscape—and the oil and gas industry is poised to play a central role.
News
November 03, 2025
Shell will invest about $1 billion on new oil blocks in Angola as the southern African nation seeks to boost production that’s dwindled over the years, the chairman of the oil regulator said.
News
October 03, 2025
U.S. political momentum and African regulatory reforms are converging to create what leaders at African Energy Week 2025 described as a strategic opening for U.S. investment in Africa’s upstream oil and gas sector.
News
September 30, 2025
Equatorial Guinea and Chevron have signed an agreement for the development of the Aseng Gas Project in Block I. The Aseng project represents an initial investment of $690 million, and underscores the country's long-term strategy to become a premier hub for natural gas in Africa.
News
September 24, 2025
With Africa requiring up to $240 billion annually to meet its energy and climate goals, attracting investment is more crucial than ever. A consistent theme emerging across the continent is the need for stable and transparent regulatory frameworks to foster investor confidence and drive sustainable development.
News
September 19, 2025
Nigeria’s NNPC Ltd. is accelerating upstream oil and gas growth with new production sharing contracts alongside TotalEnergies, crude supply agreements and gas pipeline progress. The company aims to attract $60 billion in upstream investment by 2030.
News
September 12, 2025
Kuwait Petroleum Corp. is considering leasing $7 billion worth of pipelines to fund its $65 billion investment program, with $33 billion focused on boosting upstream oil production capacity to 4 million bpd by 2035.
News
September 04, 2025
Equatorial Guinea will launch its EG Ronda 2026 licensing round later this month. The licensing round forms part of the country’s broader strategy to revitalize its upstream sector, attract new investment and unlock offshore E&P opportunities.
News
August 29, 2025
Kazakhstan is preparing to channel some of its national wealth into artificial intelligence infrastructure, joining a global rush where venture capital firms and energy-rich states are betting billions on the sector despite volatility and surging valuations.
News
August 18, 2025
Shares of Raízen SA soared on Monday, posting their biggest intra-day gain on record, after the newspaper O Globo reported that state-controlled oil producer Petrobras is considering investing in the sugar and ethanol producer.
News
August 14, 2025
Gabon is laying the groundwork for a new phase of growth, with recent upstream momentum being fueled by the Bourdon discovery in the offshore Dussafu License in March 2025, alongside production increases led by Perenco, BW Energy and VAALCO Energy.
News
July 31, 2025
The U.S. sealed a trade deal with Pakistan as their officials wrapped up talks in Washington, agreeing to develop oil reserves. The pact involves a reduction of the so-called reciprocal tariffs, especially on Pakistani exports, according to a statement.
News
July 25, 2025
Angola’s upstream regulator the National Oil, Gas & Biofuels Agency (ANPG) is pushing a $60 billion investment drive across its upstream oil and gas industry between 2025 and 2030, led by a series of ambitious E&P projects.
