AfrOil - Africa Oil & Gas
Natural gas explorer D3 Energy continues to expand footprint in South Africa’s Free State
The Petroleum Agency South Africa (PASA) has formally accepted three new Exploration Right (ER) applications by helium and natural gas explorer D3 Energy.
Kenya Pipeline IPO oversubscribed by 5.7% in country's first major privatisation in over a decade
The Kenya Pipeline Company IPO was oversubscribed by 5.7%, with investors applying for 12.5bn shares against an offer of 11.8bn, valuing the fuel transporter at $1.3bn ahead of its Nairobi listing.
Nigeria adjusts oil revenue remittance order, keeps NNPCL role in crude sales
Nigeria has revised the implementation of its new oil revenue remittance order, allowing the Nigerian National Petroleum Company Limited to continue selling crude on its behalf while routing proceeds through a new Central Bank of Nigeria
Nigeria splits OPL 245, clearing path for Shell and Eni development
Nigeria has divided the long-disputed OPL 245 oil block into four separate assets to be operated by Shell and Eni, a move aimed at unlocking one of the country’s largest deepwater reserves after nearly 30 years of legal disputes
African Energy Chamber, Venezuelan petroleum authorities sign MoU to drive energy investment, collaboration
Venezuela’s leading petroleum authorities have signed a Memorandum of Understanding (MoU) with the African Energy Chamber (AEC), establishing a formal framework for long-term collaboration across the hydrocarbon value chain.
Algeria set to boost LNG exports amid regional tensions and rising demand
Algeria is preparing to increase its presence in the global liquefied natural gas (LNG) market by enhancing its spot sales, driven by expected demand spikes due to the ongoing war with Iran and potential supply chain disruptions
Egypt halts gas exports via Idku plant to secure domestic supply amid Israeli cutoff
The Egyptian government decided to temporarily suspend gas exports through the Idku terminal to ensure the security of the domestic market following disruptions to gas supplies from Israel
Chevron discusses linking Aphrodite gas field to Egyptian infrastructure
The Egyptian Ministry of Petroleum and Mineral Resources held discussions with the US energy major Chevron regarding the continuation of coordination for the project linking the Aphrodite Gas Field in Cyprus to Egyptian infrastructure
Norway's Equinor plans to sell some assets in Angola as it continues asset trimming drive
Norwegian oil and gas group, Equinor is considering selling some of its oil fields in Angola, two years after it exited Azerbaijan and Nigeria.
Hormuz crisis puts one-fifth of global LNG supply at risk
Escalating US-Iran tensions have halted LNG production in Qatar and threatened shipping through the Strait of Hormuz, exposing Europe, Asia and emerging importers to sharp price spikes and renewed energy security risks.
Nigeria’s NNPCL targets CNG investment surge as AKK pipeline nears July 2026 gas delivery
Nigeria’s state oil company is stepping up efforts to attract private investment into compressed natural gas infrastructure ahead of first gas from the Ajaokuta–Gwagwalada segment of the Ajaokuta–Kaduna–Kano (AKK) pipeline
EACOP hands over new road to Hoima authorities under socio-economic programme in Uganda
Egypt to import 20 additional LNG shipments to counter gas supply crisis
The Egyptian Ministry of Petroleum and Mineral Resources plans to increase its liquefied natural gas (LNG) imports by around 20 new shipments starting in March 2026
Uganda National Oil Company to expand Jinja terminal and build new Kampala storage hub
Uganda’s state-owned Uganda National Oil Company (UNOC) has announced plans to expand the Jinja Oil Storage Terminal from 30mn litres to 40mn litres, while simultaneously developing a new 320mn litre storage facility in Mpigi District
Egypt moves to fast-track LNG shipments amid gas cut-offs
The Egyptian government is seeking to accelerate the delivery of Liquefied Natural Gas (LNG) shipments previously contracted under major deals signed in 2025.
Middle East conflict raises stakes for Nigeria’s oil-driven economy
The escalating military conflict between the United States, Israel and Iran has unsettled global energy markets, driving up crude prices and placing African oil-dependent economies such as Nigeria in a delicate position.
Israel halts gas exports to Egypt amid geopolitical tensions
Egypt had ceased receiving gas from Israel, following military strikes by both Israel and the US on Iran
Namibia, Angola-focused Sintana Energy lists on London's AIM
Toronto-based oil and gas exploration firm Sintana Energy (TSXV/AIM: SEI, OTCQX: SEUSF), which has offshore assets in Namibia and Angola, has listed on the London Stock Exchange’s Alternative Investment Market (AIM) market.
Tanzanian energy ministry delegation inspects EACOP progress in Tanga
Civil servants from Tanzania’s Ministry of Energy have conducted an inspection visit to Chongoleani in the Tanga Region to review the progress of the East African Crude Oil Pipeline (EACOP).
Nigeria’s NNPCL faces liquidity squeeze after Tinubu orders direct oil revenue remittance
The Nigerian National Petroleum Company Limited (NNPCL) could face cashflow pressure and reduced operational flexibility after President Bola Tinubu ordered oil and gas revenues to be paid directly into the Federation Account.
Angola releases list of companies to be privatised, oil giant Sonangol not included
Angola’s government has released a new list of companies that would be privatised under the Privatisation Programme (Propriv), Ver Angola reported on February 25.
Cameroon opens oil and gas licensing round across Rio del Rey and Douala basins
Cameroon has launched a new oil and gas licensing round offering nine blocks, aiming to attract upstream investment and stabilise production as mature fields decline.
Angola’s Sonangol continues IPO preparations despite Propriv exclusion
Sonangol is continuing preparations for a potential IPO despite its removal from Angola’s privatisation programme, amid the government’s longer-term push to reform the oil sector and attract investment even as timelines slip.
Nigeria gas output dips as exports rise amid associated gas decline
Nigeria’s gas production fell slightly in January 2026 as associated output declined, while exports rose sharply and domestic sales weakened, highlighting a shift toward export-driven gas monetisation.
Displaced communities in Uganda express concern over lacklustre support from EACOP
A study released by the Africa Institute for Energy Governance (AFIEGO) this week has shown that many households displaced by the East African Crude Oil Pipeline (EACOP) project regard its Livelihood Restoration Programme (LRP) to be inadequate.
Kosmos Energy to sell stake in Equatorial Guinea offshore project to Panoro Energy for up to $219.5mn
UK Capricorn Energy aims to double oil operations in Egypt
UK energy services firm Capricorn Energy is looking to double its operations in Egypt's oil sector and to support energy infrastructure and skilled workforce
Kenya Pipeline IPO oversubscribed as Uganda secures stake
Kenya’s state-owned oil transport firm, Kenya Pipeline Company (KPC), has attracted strong demand in its initial public offering (IPO), the lead transaction adviser said on February 25, countering reports of investor apathy
Nigeria seeks global funding to connect 5mn homes to LPG by 2030
Nigeria is seeking international financing to expand liquefied petroleum gas (LPG) access to five million households by 2030 as part of a broader clean cooking and energy reform drive
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