East-Africa
Somali piracy surge claims Iran-linked oil tanker
A sanctioned oil tanker allegedly involved in moving Iranian petroleum products has been seized off Yemen in the latest sign of a…
Topic
oil
Somalia
Somali Government Prepares Competitive Oil Bidding Process for Investors in Somalia
Mogadishu (AX) — Somalia is moving toward an open, competitive bidding process for companies seeking to enter its oil industry, as the…
West-Africa
Nigeria approves U.S.$4.5 billion refinancing deal backed by oil revenues
A new $4.5 billion oil-backed financing facility for NNPC Limited has secured approval from the National Economic Council, paving the way to…
Central-Africa
DR Congo Confirms Findings Related to Oil Pollution
The Democratic Republic of the Congo plans to finalize and release a comprehensive environmental audit of oil producer Perenco by the end…
Somalia
Somalia Condemns Drone Attacks on Saudi Oil Facilities
Wednesday July 29, 2026 Mogadishu (AX) — Somalia’s federal government delivered a forceful condemnation Tuesday of drone attacks aimed at Saudi Arabia,…
East-Africa
African Union Condemns Houthi Attacks on Red Sea Oil Tankers
Friday July 24, 2026 Addis Ababa, Ethiopia (AX) — African Union Commission Chairperson Mahmoud Ali Youssouf has sharply denounced attacks claimed by…
Somalia
Somalia, Turkish Company Expect Curad-1 Oil Well Results by End of 2026
Saturday July 18, 2026 Mogadishu (AX) — Somalia’s first officially drilled offshore oil well is moving toward a critical stage, with exploration…
Somalia
Armed Pirates Seize Oil Tanker Off Yemen, Steer It Toward Somalia
Armed pirates hijack oil tanker off Yemen, divert ship toward Somalia MUKALLA, Yemen — Suspected Somali pirates commandeered an oil tanker off…
World
UAE Says Iranian Missiles Hit Oil Tankers in Strait of Hormuz, Killing Sailor
An Indian crew member was killed and eight others injured after Iranian cruise missiles struck two Emirati oil tankers in the Strait…
World
Uncertainty Persists Over Whether the Worst Is Over for Oil Prices
Relief is finally reaching consumers as oil prices retreat following a fragile peace agreement in the Middle East. Yet the fallout from…
World
Ukraine says it struck Russian pipeline and oil depot
The war’s reach stretched deep into Russian territory again as Ukrainian drones struck an oil depot in the south and a pumping…
