Nigeria, Africa’s top oil producer, has given the green light to construct a series of mini-plants with the government licensing a total of 40 mini-refineries in an effort to help end its dependency on fuel imports.

Europe’s leading independent oil and gas company, Wintershall Dea, has announced its ambitious climate change plans with targets of achieving net-zero operations by 2030.

Angola’s finance minister, Vera Daves de Sousa, has announced plans to start partial disposal of the national oil company (NOC) Sonangol by the end of 2021 or early 2022.

Saudi Aramco, the world’s largest oil company, has completed the issuance of $8 billion worth of senior international bonds.

Iraq’s Oil Marketing Company (SOMO) has introduced a new look pricing mechanism used to compensate buyers for fluctuations in the density of its crude exports, which will commence with shipments in 2021.

Iraq’s Member of the Parliamentary Oil and Energy Committee, Ghalib Muhammad, is seeking to negotiate with the Organization for Petroleum Exporting Countries and its allies (OPEC+) a reduction in Iraq’s percentage of production if the group goes ahead with extending production cuts.

Abu Dhabi National Oil Company (ADNOC) announces the discovery of 22 billion barrels of unconventional oil which is made up of unconventional reserves including shale oil as the company pledges $122 billion in capital expenditure (Capex) over the next five years.

Acwa Power International, a developer, investor, and operator of a portfolio of power generation, is planning to raise about $1 billion by selling Islamic bonds early next year.

India’s Prime Minister, Narendra Modi, plans to nearly double its oil refining capacity in the country over the next five years, a much more ambitious plan than previously stated despite COVID-19 complications.

Independent oil and gas exploration company, PetroNor, has announced the purchase of SPE Guinea Bissau AB meaning the company will assume operatorship of two licenses.