Market Overview Africa’s energy sector is positioned for major expansion, with upstream oil and gas investment forecast to reach $41 billion in 2026.

Libya’s Waha Oil Boosts Gas Output to Stabilise National Grid

The core of Libya's energy resurgence is marked by two significant new finds, showcasing the country's enduring geological potential

Libya Nears Final Stage of First Oil & Gas Bid Round in 17 Years

Africa’s oil and gas industry is on the verge of a major surge in mergers and acquisitions (M&A) set for 2026. This trend is driven by international companies realigning their portfolios and new licensing rounds opening up fresh exploration opportunities. Here are the key takeaways from the "State of African Energy 2026 Outlook": Consolidation is Key:  The African oil and gas sector is expected to see "significant consolidation" in 2026, particularly among midsize and indepen

A significant development in the global energy landscape: Libya's new onshore oil discovery is poised to reshape the North African energy sector. This is more than just a new find; it's a strategic game-changer for Libya and its international partners. This isn't just another discovery; it's a commercially strategic find that leverages existing infrastructure and shifts the investment calculus for North Africa. 1 . The Asset: Bolstering 48.4 Billion Barrels. The discovery re