Nigeria says it is on track to double crude oil production to 3 million barrels per day by 2030 through reforms, stronger security, and increased investment. The ambitious target aims to boost economic growth, create jobs, and reinforce the country's position as Africa's leading oil producer.
French LNG technology leader GTT is designing storage systems for the world's largest floating LNG vessel while expanding its role in Africa's growing offshore gas industry. Together with Technip Energies, the company is helping accelerate major LNG projects across the continent.
Dangote Refinery is targeting an October 2026 Nigerian IPO that could become Africa’s largest. The offering aims to widen public ownership while supporting expansion from 650,000 to 1.4 million barrels per day, strengthening Nigeria’s energy future and creating opportunities.
Dangote Refinery is targeting an October 2026 Nigerian IPO that could become Africa’s largest. The offering aims to widen public ownership while supporting expansion from 650,000 to 1.4 million barrels per day, strengthening Nigeria’s energy future and creating opportunities.
Nigeria says it is on track to double crude oil production to 3 million barrels per day by 2030 through reforms, stronger security, and increased investment. The ambitious target aims to boost economic growth, create jobs, and reinforce the country's position as Africa's leading oil producer.
French LNG technology leader GTT is designing storage systems for the world's largest floating LNG vessel while expanding its role in Africa's growing offshore gas industry. Together with Technip Energies, the company is helping accelerate major LNG projects across the continent.
Kenya has secured Dangote Group's proposed 700,000-barrel-per-day oil refinery, positioning the country as East Africa's leading energy hub. The landmark investment is expected to create thousands of jobs, strengthen regional energy security, reduce fuel imports, and drive industrial growth.
The Nigeria–Morocco Gas Pipeline is emerging as one of Africa’s most ambitious energy projects, connecting West African nations and potentially supplying gas to Europe. The initiative is expected to boost energy access, economic growth, regional trade, and opportunities for millions.
Libya has completed its first AI-directed drilling at the Al-Khair oil field, boosting efficiency and output. The milestone highlights the country’s push toward modern, data-driven energy production and positions it among early adopters of advanced oilfield technologies.
Oil above $100, AI spending surges, and central banks rethink the path ahead as the March 16 WBN Morning Brief tracks the 10 biggest global business stories
Oil shock, trade tensions, and AI investment dominate global markets in the March 15 WBN Morning Brief as energy disruptions ripple through the world economy.
