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VENEZUELA TO GRANT MORE OIL DRILLING BLOCKS TO CHEVRON AND REPSOL.
Venezuela is reportedly preparing to award new oil drilling and production blocks to major energy firms Chevron and Repsol, a move that could accelerate efforts to revive the country’s struggling oil sector. According to reports, officials in Caracas may approve the exploration and production licenses within days, signaling a potential shift toward increased foreign participation in upstream activities. The development comes amid broader geopolitical and sanctions-related adjustments, as Venezuela seeks to boost output and attract investment to rebuild aging infrastructure and expand crude production capacity. If confirmed, the new blocks could strengthen international energy involvement in Venezuela’s oil fields and influence global supply dynamics, especially as markets watch for additional barrels from sanctioned or previously constrained producers.
- 8 months, 4 weeks
WE WELCOME EACOP, PIPELINE TO REGIONAL PROSPERITY.
EACOP represents a turning point for East Africa, showing how shared energy infrastructure can unlock growth, investment, and real regional integration. As the pipeline moves toward operation, its success could redefine cooperation in the EAC and set the pace for future cross-border projects in oil, gas, and transport.
- 9 months
TANZANIA: THREE NATURAL GAS WELLS DRILLING TO START SOON.
The drilling of three new natural gas wells at the Mnazi Bay Block in Mtwara is set to begin soon, with preparations more than 90 percent complete and the rig already in place. The project is expected to increase gas production to support electricity generation, industrial activities, and domestic energy use.
- 9 months, 1 week
TRUMP SAYS INDIA WILL BUY OIL FROM VENEZUELA AMID GLOBAL ENERGY REALIGNMENT.
U.S. President Donald Trump announced that India is set to resume purchases of Venezuelan crude, marking a major shift in global oil trade flows and energy diplomacy. The move comes as the United States eases sanctions on Venezuela’s oil industry to facilitate exports, while India seeks alternatives to discounted Russian oil amid U.S. pressure and tariff threats. Analysts say the development could reshape regional crude supply patterns, provide new opportunities for Indian refiners, boost Venezuelan revenue, and influence global pricing dynamics. The announcement also signals a broader geopolitical game, with Washington using energy trade as a tool to counter Russian influence, and hints at potential Chinese participation in Venezuelan oil deals.
- 9 months, 1 week
AN INDIAN FIRM IS SEEKING TO INVEST IN TANZANIA’S OIL SECTOR.
Indian Oil Corporation Limited is exploring investment in Tanzania’s oil and LPG sector, aiming to meet rising domestic energy demand. The potential partnership could boost local operations, increase fuel supply stability, and support the country’s economic growth.
- 9 months, 1 week
TANZANIA IS SET TO SIGN A $42B LNG PROJECT DEAL BY JUNE.
Tanzania expects to sign a $42 billion LNG project agreement before June after concluding commercial negotiations, unlocking massive gas reserves and creating over 100,000 jobs. Despite political and financial challenges, the project could position East Africa as a major LNG export hub serving global markets.
- 9 months, 2 weeks
Africa Energy Insights (AEI) is an African platform with latest news, insights and investment report of Energy Sectors. We bridging the gap and mobilizes investment in Energy resources for Sustainable and reliable Energy supply.