AfrOil - Africa Oil & Gas

Chevron signs $610mn deal to extend Israeli gas exports to Egypt

US energy major Chevron announced a deal with Israel’s state-owned pipeline operator to construct the Nitzana pipeline, which will transport natural gas from the Leviathan field to Egypt,

IEA warns that output at existing oil and gas fields is falling faster than expected

Analysis of thousands of reservoirs shows that many of the largest conventional fields have already peaked, while unconventional sources such as shale need constant drilling to maintain production.

Nigeria to power 4,000km high-speed rail network with natural gas, says minister

South Africa grants long-term lease extensions to oil majors, energy traders at Durban’s strategic fuel hub

South Africa has granted long-term lease extensions to international oil majors and trading houses, including BP and Vitol, at the Island View Precinct, the country’s most important fuel import and storage hub in Durban.

Egypt sets for likely last fuel price hike, will not require new IMF programme

Egyptian Prime Minister Mostafa Madbouly announced a potential increase in gasoline prices in October, noting it could be the last if current trends continue

Iraq ranks second among OPEC oil producers in August

Iraq was the second-largest crude oil producer in OPEC in August 2025, according to the latest figures released by the Organisation of the Petroleum Exporting Countries (OPEC)

Ghana’s Kwame Ntow Amoah takes helm of African oil producers’ bloc

Ghana’s state oil chief Kwame Ntow Amoah has been appointed chairman of the African Petroleum Producers’ Organisation (APPO).

Ghana to drill two new oil wells by 2026 as president Mahama woos investors

President John Dramani Mahama said Ghana’s state energy firm will drill two new exploration wells by the third quarter of 2026, as his government pushes to attract investors and reduce reliance on costly fuel imports.

South Africa’s Constitutional Court to rule on Shell’s Wild Coast oil exploration rights

Lawyers representing South African coastal communities and environmental groups are challenging a Supreme Court of Appeal order allowing energy supermajor Shell to apply for a renewal of oil exploration rights.

Nigerian president advances oil bill placing NNPCL under control of Finance Ministry, upstream regulator

President Bola Tinubu has endorsed a bill that would undermine the "independence" of NNPCL, shifting ownership to the Finance Ministry and handing new powers to upstream regulator NUPRC.

Libya takes urgent steps to stabilise electricity supply amid fuel challenges

Libyan authorities are currently working to address the ongoing electricity crisis to secure supply for citizens and prevent power outages.

Iraq’s SOMO eyes Africa and Latin America as new destinations for oil exports

Iraq is working to diversify its crude export markets and increase investment in liquefied petroleum gas (LPG) infrastructure

Equatorial Guinea seeks upstream investors with launch of new licensing round at AEW2025

Equatorial Guinea will officially launch the new oil and gas licensing round at the African Energy Week: Invest in African Energy conference as part of its efforts to revitalise the upstream sector.

Brazil’s Petrobras takes stake in São Tomé offshore block

Brazil’s Petrobras said, in a press release, it has acquired a 27.5% stake in Block 4 offshore São Tomé and Príncipe, strengthening its exploration portfolio in Africa.

Nigeria LNG deploys AI to boost domestic gas supply and exports

NLNG is turning to artificial intelligence to cut costs, boost safety and strengthen gas supply in Nigeria and abroad as part of a push to stay competitive.

Africa’s LNG expansion in focus at African Energy Week 2025

Africa is gearing up to advance its various large-scale liquefied natural gas (LNG) developments. Mozambique is emerging as a key LNG exporter, with ExxonMobil leading the onshore 18mn tpy Rovuma LNG project in Area 4.

Algerian President reshuffles cabinet, splits energy ministry (Hydrocarbons & Mines, Energy & Renewables)

President Abdelmadjid Tebboune announced that the 'Energy, Mines and Renewable Energies' ministry is being replaced by two new ministries: 'Hydrocarbons and Mines' and 'Energy and Renewable Energies'.

Egypt signs oil and gas exploration deals with Dragon Oil, Perenco and Apache worth over $121mn

Egypt said the three deals cover Offshore North Sinai, East El-Hamd (Gulf of Suez), and an integrated Western Desert area, committing more than $121m to exploration work and signing bonuses.

Nigeria halves crude oil losses in Jan–Jul 2025, says upstream regulator

Nigeria cut crude oil losses by more than half in the first seven months of 2025, according to data from the upstream regulator, marking the lowest level of losses since 2009.

Aminex reaches major milestone in Tanzania’s largest onshore gas development - Interview

Aminex has entered the construction phase of the Ntorya Project, Tanzania’s largest onshore gas development, marking a key milestone for the company and the East African country’s energy strategy.

Oil majors face $4.4bn in liabilities under Nigeria's tightened decommissioning rules, says NUPRC chief

Nigeria’s upstream regulator has cleared 94 oilfield decommissioning plans worth $4.42bn since April 2023, arising from all FDPs submitted in that period, the NUPRC chief said, underscoring tightened rules to safeguard state finances.

Egypt set to receive 48 LNG cargoes worth $2.7bn in Q4 2025

Algeria’s Sonatrach, NOC Kenya sign draft deal on oil E&P, LPG imports

Kenya’s NOC and Algeria’s state-owned energy giant Sonatrach have agreed to collaborate across the petroleum value chain, including upstream exploration and production, LPG imports, storage, distribution and trading.