Tanzania Announces First Natural Gas Discovery in More Than a Decade

Tanzania has announced a new natural gas discovery estimated at 223 billion cubic feet in the Mnazi Bay area in the south of the country, marking its first gas discovery in more than 10 years and offering fresh opportunities for the nation’s energy sector. Energy Minister Juma Homera announced the discovery on Tuesday, saying the […]

Nigeria Targets Up to $50 Billion in Offshore Oil and Gas Investment by 2030, Regulator Says

Nigeria is seeking to attract between $30 billion and $50 billion in offshore oil and gas investment by 2030 as Africa’s largest crude producer pushes to revive exploration activity, expand deepwater production, and strengthen its position in the global energy market, the country’s upstream regulator has said. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced […]