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Africa’s oil and gas investment to hit $43 billion in 2025

Oil & Gas 360º

Longer term projections point to capital expenditure (capex) hitting a decade-high of $54 billion in 2030, thanks to fresh final investment decisions (FIDs), the chamber said in its State of African Energy 2025 Outlook Report.

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Gastech Days I & II: Energy transformation through innovation

Oilholics Synonymous Report

The state of Texas is the US' top crude oil and natural gas producing state. As Q4 2024 approaches, the US remains world's largest LNG exporter and its largest crude oil producer. It also served as a curtain raiser for India Energy Week 2025. This is expected to drive a surge in natural gas demand.

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Offshore infrastructure projects are also advancing, including Enis Structures A&E Project, which channels gas from two fields to the Mellitah treatment plant.

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Badawi Engages with Chevron, KNOC Leaders at CERAWeek 2025

Egypt Oil & Gas

Minister of Petroleum and Mineral Resources Karim Badawi held meetings with Clay Neff, President of Chevron International Exploration and Production, and Dong Sub Kim, President & CEO of Korea National Oil Corporation (KNOC), focusing on investments and capacity building.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.

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Aramco CEO predicts record oil demand will follow OPEC+ output revival

Oil & Gas 360º

The company also followed through with a previously announced plan tocut its total dividendfor 2025. Oil in London dropped to the lowest in almost three months this week, following the OPEC+ plan. Separately, Nasser said that expansion in liquefied natural gas (LNG) and petrochemical projects are key for the companys growth.

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Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360º

The United States already became the worlds top oil and gas producer under former President Joe Biden. Energy Information Administration expects crude oil production to rise to a new record average of 13.61 million barrels per day (bpd) in 2025 and climb further to 13.76 million bpd in 2026.

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