Chevron

Ivory Coast
Abidjan increases Africa Energy Bank stake to gain more sway in its governance

Now a leading hydrocarbons producer, Ivory Coast is seeking to influence the oversight of the financial institution, whose aim is to finance oil and gas development on the continent.

Angola
Etu Energias seeks deepwater backing for Chevron deal

The Angolan junior, formerly known as Somoil, is trying to gain control of a block operated by the US company. For this endeavour, it is looking to pair up with a partner capable of managing deepwater production.

The New Guard
Namibia, Nigeria, Mali

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

NamibiaBeatrice Bienvenu, the new face of Chevron in Windhoek

NigeriaMoses Umoru, the point man on French investment

MaliYoussouf Doumbia, aka ‘Delfro', the influencer challenging the junta

Libya
Discreet partners help Nigeria's Aiteo win oil licence

To secure a block in Libya, Nigerian oil and mining magnate Benedict Peters forged ties with several major players, who have quietly lobbied on behalf of his firm with National Oil Corp.

Namibia
The challenges facing the new US ambassador in Windhoek

The staunch Trump supporter John Giordano was appointed six months ago and intends to develop Washington's trade ties with Namibia. There are already many US players in the oil sector, but the Americans lag far behind their Chinese rivals in mining.

South Sudan, Uganda
One setback after another for junior Oranto

The Nigerian group founded by Arthur Eze continues to rack up refusals of its permit renewals on the continent due to insufficient work.

Angola
Etu Energias presses Energean for more say in block 14 after Chevron's exit

The politically well-connected Angolan junior seeks to strengthen its position by threatening to use its right of pre-emption if its stake in the operations on the licence is not increased.

Sao Tome and Principe
Second chance for Oranto as Petrobras moves in

Despite the Brazilian giant taking control of Block 3, the São Toméan government is keeping the Nigerian junior in the country's offshore sector, even though it has failed to meet its contractual obligations.

Nigeria
Chappal Energies faces collapse after Equinor acquisition

Unlikely to be able to stave off its creditors, the embattled junior oil company is racing to secure emergency financing.

Algeria
Sonatrach leadership grounded ahead of Houston energy summit

Noureddine Daoudi, chief executive of the hydrocarbons giant Sonatrach, will ultimately not attend the Offshore Technology Conference 2026 in the United States owing to administrative constraints.

Nigeria
TotalEnergies set to announce final investment decision on Ima gas field

After nearly three years of negotiations, the French major has reached an agreement with junior partner Amni International, co-owner of the field. The two companies could make it official as early as July 2026.

Angola
TotalEnergies works on countering its steadily declining production

The French major only managed to produce 156,000 barrels of oil equivalent per day in 2025, a 37% decline over ten years. The commissioning of two new projects with a combined capacity of 60,000 barrels per day has not been able to reverse the trend.

Angola
Sale of junior oil company Afentra attracts investors

In under five years, the London-based company, founded in 2021 by former Tullow Oil employees, has succeeded in building up an attractive portfolio thanks to a large number of cost-efficient production assets.

Nigeria
Chappal Energies faces crisis after takeover of Equinor assets

Three years on from a deal worth more than $1bn, junior oil firm Chappal Energies has been unable to stabilise its finances, prompting shareholders and creditors to appoint an interim chief executive.

Nigeria
Nigerian oil companies set sights on Venezuelan crude

Venezuela's hydrocarbon reserves are not only whetting appetites in the United States. African businessmen are also hoping to grab a share of the South American country's black gold.

Equatorial Guinea
Chevron cuts ties with Nigerian offshore partner

The US major had accused Atlas Petroleum of delays in payments due on Block I. With Atlas's stake now taken over by state-owned GEPetrol, the multinational is set to move ahead with development of the gas asset.