October 30, 2025

TotalEnergies Secures New Offshore Exploration Permit off the Coast of Congo

TotalEnergies has obtained a new exploration permit for a deepwater area off the coast of the Republic of Congo. This new block, called Nzombo, covers 1,000 km² and is located 100 km from Pointe-Noire, near the existing Moho facilities.

The French oil company will operate the project with a 50% stake, partnering with QatarEnergy (35%) and the National Oil Company of Congo (SNPC) (15%), the latter also holding a share in the Moho facilities.

An exploration well will be drilled on this site before the end of 2025. With this project, TotalEnergies is strengthening its presence in Congo, where its current production stands at around 65,000 barrels of oil per day. The group expects this new permit to contribute to the discovery of “high-impact prospects.”

Electric Motorcycle Giant Spiro Raises $100 Million to Expand Battery Swap Infrastructure

Spiro, one of Africa’s leading two-wheeler electric mobility companies, announced on Tuesday, October 21, 2025, that it has raised $100 million (USD) to expand its battery-swapping infrastructure. This record-breaking fundraising round marks a major milestone for the electric motorcycle sector on the continent. Record Funding and Innovative Business Model The investment represents an unprecedented amount in Africa’s […]

Burundi Cover Gas Mining News

Burundi – President Ndayishimiye Pledges Transparent Mining and Mineral Trade

The Head of State has pledged that from now on, all mining activities in Burundi will be conducted transparently—both in extraction and in commercialization. On October 17, 2025, during an interview with the press at the Gatwaro mining site in Kirundo commune, Butanyerera province, following a series of visits to various mining sites in the […]

Cover Gas News

U.S. Steel Tariffs Pose New Obstacle for the Mozambique LNG Project

The imposition of new U.S. taxes on steel has created yet another hurdle for Mozambique’s massive liquefied natural gas (LNG) project. Already affected by delays and security challenges, the project’s overall cost could rise significantly as a result of these measures—an issue that is worrying the energy industry. On October 14, 2025, during the Energy […]