AfrOil - Africa Oil & Gas

12 May 2022

Energy minister: Tanzanian government approves TZS100bn grant for fuel price relief

11 May 2022

Tanzania’s Energy Minister January Makamba said on Tuesday (May 10) that the government was preparing to make TZS100bn ($43mn) in extra funding available to mitigate the economic impact of rising fuel prices.

Tower Resources drops plan for farm-out of Thali block offshore Cameroon

11 May 2022

AIM-listed Tower Resources has revised its plans for financing work on the NJOM-3 well at the Thali block while waiting for the government of Cameroon to approve a farm-out deal with Beluga Energy of Nigeria.

Kosmos says GTA project is 75% ready

11 May 2022

US-based Kosmos Energy said on Tuesday (May 9) that work on the Greater Tortue/Ahmeyim (GTA) project is more than three quarters complete.

Ghana reportedly receiving proposals from potential investors in Tema Oil Refinery

11 May 2022

Ghana’s Minister of Public Enterprises Joseph Cudjoe has said that the government is starting to receive proposals from potential strategic investors in Tema Oil Refinery (TOR).

AfrOil: South Sudan plans slow-motion nationalisation of oil sector

10 May 2022

Awow Daniel Chuang, the undersecretary of South Sudan’s Ministry of Petroleum, said on May 6 that Nilepet, the national oil company, had begun the process of taking over the projects now led by foreign investors.

Panoro says Equatorial Guinea has extended Block G PSC until 2040

10 May 2022

Norway’s Panoro Energy reported on Monday (May 9) that Equatorial Guinea’s Ministry of Mines and Hydrocarbons had agreed to extend the term of the Block G production-sharing contract (PSC) until the end of 2040.

Chuang: South Sudan plans slow-motion nationalisation of oil industry

10 May 2022

Nilepet, the national oil company (NOC) of South Sudan, has reportedly begun the process of taking over the projects now led by foreign investors.

Wildcat Petroleum plans desktop study within Sierra Leone’s offshore zone

10 May 2022

UK-based Wildcat Petroleum announced on Monday (May 9) that it had negotiated an exploration deal with the Petroleum Directorate of Sierra Leone (PDSL) for more than 20 offshore blocks.

Uganda-Tanzania MoU on defence will help establish security arrangements for EACOP

10 May 2022

The governments of Uganda and Tanzania have signed a memorandum of understanding (MoU) that will help establish security arrangements for the East Africa Crude Oil Pipeline (EACOP).

World Bank report: 10 oil-producing countries account for 75% of global gas flaring

9 May 2022

A report from the World Bank's Global Gas Flaring Reduction Partnership (GGFR), says gas flaring resulted in nearly 400mn tonnes of carbon dioxide (CO2) equivalent emissions in 2021.

Dangote Petroleum Refinery will produce Euro-5 gasoline

9 May 2022

The Dangote Petroleum Refinery, a project under construction in the Lekki Free Zone near Lagos, Nigeria, is being built to meet the new Euro-5 Premium Motor Spirit petrol standard.

Ghana: TOR workers call on govt for Jubilee field crude for refinery

9 May 2022

Meanwhile, President Akufo-Addo has indicated that efforts are being made by the government to rehabilitate TOR to enable it to contribute to stabilising prices.

African gas and African realities

6 May 2022

The case of Spanish-Moroccan-Algerian tensions over the GME pipeline demonstrates that if the EU wants Africa’s gas, it may also have to confront regional tensions and disputes.