Uganda Projects 8% Annual Growth Ahead of Oil Production Boom
Uganda’s economy is forecast to expand by an average of 8% annually over the next five years, fuelled by anticipated oil production and heavy investments […]
oil production
Nigeria Projects 4.6% Economic Growth for 2025, Driven by Reforms and Private Sector Participation
The Nigerian Government has expressed confidence that the country’s economy will grow by at least 4.6 percent in 2025, a significant increase from the 3.19 […]
Oil production in Angola to fall 20% by 2031
The consulting firm Fitch Solutions believes that oil production in Angola will fall 20% by 2031 due to maturing oil wells and a chronic lack […]
DRC: Towards multiplying oil production by ten
DRC authorities are planning to increase national oil production and improve state revenues. In this connection, the Ministry of Hydrocarbons has announced that it will […]
Angola: French group Total launches full-field production on Kaombo
French oil giant, Total has started production on the Kaombo Sul floating production, storage and offloading (FPSO) unit, offshore Angola, the company said in a […]
Uganda to begin oil production in 2022
Uganda’s Energy Minister, Irene Muloni, on Tuesday said oil production in the East African nation has been pushed forward to 2022 after missing the country’s […]