Nigeria's Dangote Refinery is in discussions with Libya to import crude oil for its 650,000 barrels per day (bpd) plant. Confirmed by senior executive Devakumar Edwin, this move aims to reduce Nigeria's dependence on imported refined products and enhance energy security. By securing crude oil from multiple African sources, the refinery seeks to meet the growing demand for refined products in Nigeria and beyond, operate at full capacity, and stabilize regional oil prices. These discussions reflect a strategic approach to securing energy resources, promoting economic stability, and fostering regional collaboration, crucial for Nigeria's energy future and global market position.

Indonesia Energy Corporation completes seismic scans at Kruh Block and prepares for drilling while advancing operations at the billion-barrel potential Citarum Block.

Petrovietnam has signed key supply contracts to enhance energy security and market stability in Vietnam.

Tanzania set to attract investors and boost hydrocarbon production through new oil and gas exploration licences early next year.

Australian energy giant Woodside has entered a decade-long agreement to supply Taiwan's CPC Corporation with 6 million tonnes of LNG, with the potential for an additional 8.4 million tonnes over a further ten years

The National Oil Corporation (NOC) has proudly announced a significant increase in Libya's crude oil production, which has now reached an impressive 1,257,729 barrels per day (bpd). This remarkable achievement is complemented by the production of condensates, which has hit 49,890 bpd, and natural gas production, currently at 220,620 barrels' equivalent per day.

SapuraOMV Upstream, acquired recently by TotalEnergies, has started gas production from the Jerun gas field offshore Malaysia, marking a significant milestone in the SK 408 production sharing contract.

The National Oil Corporation (NOC) announced that Al-Waha Oil Company's production has surged to 322,000 barrels per day, up from 280,000 bpd last year. This increase positions Al-Waha as the leading oil producer in Libya for 2023, with a total output of 102.2 million barrels, an 8.5 million barrel (9%) rise from 2022.

88 Energy has initiated a 2D seismic survey covering part of its PEL 93 exploration block in Namibia’s Owambo Basin. The survey aims to gather 200 km of seismic data, enhancing resource evaluation and identifying new drilling prospects.

Eni announces a significant offshore discovery in Block 9, Cuenca Salina, Mexico, with an estimated 300-400 million barrels of oil equivalent.

Timor-Leste's expertise in managing a sovereign wealth fund and recent agreements with Mozambique highlight its potential as a prime investment destination in the oil and gas sector.

Sidi Kerir Petrochemicals Company (SIDPEC) has announced the formation of a consortium to import US shale gas to Egypt, addressing the country's natural gas shortages and power cuts. SIDPEC will hold a 25% stake in the $663 million consortium, which includes key players like Egyptian Ethylene and Derivatives Company, Gama Construction Company, Egyptian Petrochemicals Company, and Egyptian Natural Gas Company. The consortium's funding will come 40% from shareholders and 60% from bank loans. This initiative aims to enhance Egypt's energy security and stabilize its economy, with an estimated $1.18 billion worth of natural gas needed to resolve the current energy crisis.