Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its ...

With billions of barrels lying beneath the land and offshore, oil is one of Africa’s biggest money-makers. Morocco has the ...

Egypt now ranks amongst the top 10 African countries with the largest proven crude oil reserves in 2025, according to the ‘Business Africa‘ platform. In a report released on Tuesday, the platform ...

Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its reserves ...

Petrobras, the Brazilian oil company, wants to purchase stakes in African oil assets - primarily in Angola and Namibia - to increase its ...

Blocks offer divergent risk profiles — one hosting gas prospects near infrastructure, the other hosting structures similar to ...

However, what this country lacks in water, it certainly makes up for it with huge oil reserves. The country in question is Saudi Arabia, one of the richest nations globally. Despite its desert ...

Jan 15 (Reuters) - Chevron (CVX.N), opens new tab said on Wednesday it did not find commercial hydrocarbon reserves ... in Namibia. Oil companies have flocked to the African country, with recent ...

South Africa’s state power utility Eskom has suspended rotational blackouts that started Friday, citing a recovery of emergency reserves. “Due to the sufficient replenishment of emergency ...