Nigeria, another country emerge as Africa’s largest oil producers in 2025

Nigeria, another country emerge as Africa’s largest oil producers in 2025

A new report has predicted that Nigeria and Angola will lead the surge in crude oil production to seven million barrels per day in Africa in 2025.

Somalia’s oil exploration to conclude by April 2025, signaling potential economic boom

Mogadishu (HOL) — Somalia's oil exploration project, conducted by a Turkish-owned research vessel off the Somali coast, is set to conclude by April 2025, according to Abdulqadir Mohamed Aden, chairman of the Somali Petroleum Agency.

Nigeria, Angola To Dominate Africa’s Oil Output In 2025

Africa’s two leading oil producers, Nigeria and Angola, are set to drive the continent’s crude output to 3.39 million barrels per day (bpd) by 2025.

Energy Editors See Significant Boost in Nigeria's Oil, Gas in Q1 2025

By Adedapo Adesanya The Society of Energy Editors (SEE) expects the Nigerian energy sector to witness significant developments in the first quarter of 2025. This, according to the society, would be driven by President Bola Tinubu’s proposed N49.7 trillion budget for the year. The budget is anchored on an increase in base crude oil production […]