Algeria signed an agreement with US energy giant Chevron on Wednesday aimed at assessing potential offshore oil resources in the Mediterranean, according to the country's energy ministry.

The same drones were exchanged for access to oil reserves in Nigeria, where they are used in the fight against Boko Haram, a jihadist movement that plagues this most populous country in Africa.

DON'T MISS THIS: Top 10 African countries with the largest oil reserves in 2024 North Africa isn’t far behind, with Algeria alone packing around 4.5 trillion cubic meters. With global demand for ...

The industry regulator announced on Thursday that Nigeria's oil reserves will increase in 2024. Meanwhile, crude oil production ...