AfrOil - Africa Oil & Gas

28 October 2020

Nigeria’s PIB would fold PPPRA, PEF into new agency

27 October 2020

The Nigerian government’s proposed oil and gas law, known as the Petroleum Industry Bill (PIB), looks set to fold two of the existing agencies that regulate the downstream sector into a new agency.

Opposition party faults Transnet for oil pipeline spill

27 October 2020

South Africa’s Democratic Alliance (DA) party has demanded that Transnet Pipelines (TPL) be held responsible for a pipeline breach that caused several thousand litres of crude oil to spill into the Umbilo River.

Tullow clears last government-related hurdles to Ugandan farm-out deal

26 October 2020

Tullow Oil (UK/Ireland) revealed in a statement last week that it was much closer to finalising the sale of its assets in Uganda to France’s Total after meeting “all the government-related conditions to closing” the deal.

Auditors raise questions about NNPC’s ability to remain a going concern

26 October 2020

The auditors of Nigerian National Petroleum Corp. (NNPC) have cast doubt on the state-owned firm’s ability to continue as a going concern.

Cease-fire deal should help Libyan oil output continue to rise

26 October 2020

Libyan crude oil output is set to rise even further, following the signing of a cease-fire agreement between the UN-backed Government of National Accord (GNA) and the Libyan National Army (LNA) headed by Khalifa Haftar.

Angola’s oil minister says sustaining production is “top priority”

26 October 2020

Angola’s Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo has said that he sees stemming production declines as the most important task for the country’s oil industry amidst the coronavirus (COVID-19) pandemic.

Aminex, ARA finalise farm-out deal for Ruvuma block

26 October 2020

UK-based Aminex has finalised its Tanzanian farm-out deal with ARA Petroleum of Oman.

Nigeria’s PIB envisions changes in domestic gas sector

22 October 2020

Nigeria's Petroleum Industry Bill (PIB), which is still under discussion in the National Assembly, aims to make domestic gas sales a more lucrative proposition.